Teriyaki restaurant near USC
Business Description
This restaurant is located in a high foot-traffic area near USC, making it a prime location with strong growth potential. It is a long-established business, originally opened in 2008 and operated by the current owner since 2015.
The restaurant is currently run as a teriyaki specialty shop. Buyers have the option to continue with the existing menu or introduce a new concept of their own. Given the favorable location, either approach could be successful.
Currently, no delivery service is offered. Introducing delivery could significantly increase revenue. The business does not have an alcohol license.
Key Highlights:
*Business Hours: 10:00 AM – 8:00 PM (Open 7 days a week)
*Store Size: Approximately 1,300 square feet / Seating capacity: 28
*Rent Breakdown:
? Base Rent: $7,721
? CAM: $838
? Property Tax: $248
? Insurance: $174
? Total Monthly Rent: $8,981
? Annual Increase: 4%
*Lease Term: Through December 2025 + Two 5-year options
*Security Deposit: $15,000
*Number of Employees: 2 part-time (Kitchen assistants)
*Owner Work Hours: Full-time
*Monthly Gross Sales: Approximately $40,000
*Monthly Net Income: Approximately $12,300
*Asking Price: $185,000
*Reason for Sale: Retirement
This is a trusted and well-established restaurant with a long-standing presence at the same location. It is especially well-suited for an owner-operator. With potential for growth through the addition of delivery services and other improvements, this is an excellent opportunity.
The restaurant is currently run as a teriyaki specialty shop. Buyers have the option to continue with the existing menu or introduce a new concept of their own. Given the favorable location, either approach could be successful.
Currently, no delivery service is offered. Introducing delivery could significantly increase revenue. The business does not have an alcohol license.
Key Highlights:
*Business Hours: 10:00 AM – 8:00 PM (Open 7 days a week)
*Store Size: Approximately 1,300 square feet / Seating capacity: 28
*Rent Breakdown:
? Base Rent: $7,721
? CAM: $838
? Property Tax: $248
? Insurance: $174
? Total Monthly Rent: $8,981
? Annual Increase: 4%
*Lease Term: Through December 2025 + Two 5-year options
*Security Deposit: $15,000
*Number of Employees: 2 part-time (Kitchen assistants)
*Owner Work Hours: Full-time
*Monthly Gross Sales: Approximately $40,000
*Monthly Net Income: Approximately $12,300
*Asking Price: $185,000
*Reason for Sale: Retirement
This is a trusted and well-established restaurant with a long-standing presence at the same location. It is especially well-suited for an owner-operator. With potential for growth through the addition of delivery services and other improvements, this is an excellent opportunity.
About the Business
- Years in Operation
- 17
- Employees
- 2
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,300
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retired
Listing Info
- ID
- 2385286
- Listing Views
- 503
Listing ID: 2385286 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 full Terms of Use. Learn how to avoid scams.
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