Buy a Roseville Japanese Restaurant business for sale in Roseville on BusinessesForSale.com

  • Listing ID: 907309
  • (Seller ref: 1915)

Roseville Japanese Restaurant For Sale


Location:
Category:
Type:

Listed by:


Asking price:
$250,000 (Furniture / Fixtures included)
Sales revenue:
$1,800,000
Cash flow:
Available on request
Years established:
2009
Employees:
16 full 6 part

No image available

SellingRestaurants presents this wonderful Japanese sushi, seafoods and grill restaurant located in one of the hottest and highest growth areas in the Sacramento region. The owners have been so successful with this concept they are adding store #4 in the San Francisco Bay area and need to raise capital to open it up. They don't use banks so their loss is your gain.

This location's revenues are growing and are expected to continue to grow into the fall season, the best season for this chain. This is not a franchise, but the owners will allow the buyer to use the name and recipes in this one location for as long as the buyer wants. Or if you want, go ahead and change the name. It's all up to you.

This store opened early 2009. Net Monthly Sales are about $150,000 with a range of $140,000 to $160,000. The restaurant is beautiful and new. So you won't have to stick money into it when escrow closes.

This store is absentee operated. Monthly payroll is about $24,000. Food costs are about 45-50% right now as the store goes through the learning stages of reducing food costs. The rent is about $14,000 including CAM. There are 5,000 Sq. Ft. So you can do the math to get the profit number.

Annual Revenues of $1.8 million are Calculated Using The Past Three Months Average and Annualizing the Amount


Real Estate:
Lease
Lease terms:
10 years remain + 2 x 5 year options
Leasehold rent:
$14,000 per annum
Size in square feet:
5,000

Reasons for selling:
Expansion
Trading hours:
Open 7 Days: Lunch 11am 3:30pm Dinner 5pm-9pm

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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