Japanese Restaurant w/ Patio / Property Available for Purchase

Price: $295,000

Location: Los Angeles County

Industry: Restaurant and Food

Listing ID: 5172 RK

Listing Status: New

Description

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

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Monthly Rent: $6,650

Type of Location: Free Standing Bldg

Square Footage: 1600

Franchise: No

Summary

Reason For Sale:

Retiring

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LISTING OWNER