Business been operating since 2005 Good business for a Sushi style restaurant. Owner recently renewed lease for another Five years. Good net income with tremendous upside potential. Has tremendous opportunity for an experienced hands-on Owner to increase business volume. Presently Absentee owner. Very centrally located. Close to Major Shopping Centers, Freeways and Residential Homes and Offices etc. Easily convertible to other application of food choices; if acceptable to Landlord. Good volume and net income. Lease to be assigned / assumed for the next 4.5 years with a five year option.
This investment opportunity will sell fast. Don't be disappointed !
About the Business
Fountain Valley, California
Number of Employees:
Furniture, Fixtures and Equipment, leasehold. Clean facilities. Lease recently renewed for five years. Ample parking. Majority employees will remain if needed. Great for a sushi business. Minimum remodeling required for another concept if accepted by landlord. beer and Wine 41 license.
Prime location on major street. Repeat customers as the restaurant is well established under the same ownership.
Growth & Expansion:
Ample growth possibilities by offering more of a varied menu.
Asking Price: $295,000 Gross Revenue: $750,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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