Price: $295,000
Location: Los Angeles County
Industry: Restaurant and Food
Listing ID: 5172 RK
Listing Status: New
Japanese Restaurant with Freestanding Building and Optional Property Purchase
Well-established Japanese restaurant for sale, located in a 1,600 sq. ft. freestanding building with attractive patio areas and excellent parking. The restaurant was newly remodeled in 2018 and has been well maintained.
The business is currently operated only 5 days per week, with short hours, and is closed on Wednesdays and Sundays, offering a strong opportunity for a new owner to increase sales by expanding operating days and hours.
The restaurant has excellent online reviews, a loyal base of regular customers, and is surrounded by a strong residential community. The business benefits from steady sales, low food costs, and a simple operation without an alcohol license.
The seller is retiring and is also the landlord. The real estate may be purchased separately for $1.1 million.
OFFICE ID 5172 RK
Down Payment: $295,000
Total Sales: $300,000
Cash Flow: $72,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $5,000
Inventory Included: No
Year Established: 2018
Year of last Acquisition: 8
Days & Hours of Operation: 11am-8pm, Sat 12pm-8pm, Closed on Wed & Sun
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 3
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Monthly Rent: $6,650
Type of Location: Free Standing Bldg
Square Footage: 1600
Franchise: No
Reason For Sale: Retiring


