* Included in Asking Price
Price Reduced!! Sushi/asian Restaurant Located On Major Thoroughfare In Rancho Cordova
Asking Price: $99,000
Location: Rancho Cordova, Sacramento, California
Yearly Revenue: $432,000
Yearly Cash Flow: $90,000
Monthly Rent: 6,500 inc Cams
Price Reduced to only $99,000 for this fully equipped and profitable Sushi/Asian restaurant located in Rancho Cordova, near Sacramento. Located within a large shopping centre with ample parking and surrounded by many office buildings, this opportunity would suit a first time buyer or a seasoned operator. Nicely appointed restaurant seating 50 in the main dining room, 20 on the Patio and 10 at the Sushi Bar. This restaurant has been in the same ownership since 2007 and the owner is ready to move onto new projects. There is a huge roadside floodlit Monument Sign which the owner does not even have his restaurant name displayed. A new owner would be able to place a Plex-Glass sign which should increase business further. Monthly Sales of $36,000 and rent at only $6,500 for 2200 square feet, labor $7,000, the owners profit is $7,500 each month. This opportunity is an excellent return on investment with profits achieved each week. This business is priced low to sell quickly for only $99,000, including all Furniture Fixtures and Equipment and with Goodwill & annual Sales in excess of $425,000! This is a Turn key opportunity with a modern prep kitchen and attractive Sushi bar. Modern indoor decor & atmosphere which is in excellent condition and requires no further investment. The surrounding shopping centre is also extremely busy and this business has been consistently achieving over $425,000 in annual gross sales each and every year with no advertising, no marketing and no Monument signage. Complete the ‘Confidential Information’ request at the top of this page and we will send you the name, address, financials & lease information for this business. We will also send you the broker contact so you can discuss this opportunity in detail.
Organization: Sole Proprietorship | Year Established: 2006 | Current Owner: 2007 | Employees: 2 Full Time, 4 Part time | Seating: 50 + 20 Patio + 10 Sushi Bar | Square Footage: 2187 | Parking: 50+ Mall Parking | Licenses Required: Health, Business and Type 41 | Days Open/Hours: 11am - 9pm Mon - Sat - Closed Sunday | Reason For Sale: Other Interests |
Yearly Revenues: $432,000 | Yearly Cash Flow: $90,000 |
Monthly Rent: 6,500 inc Cams | Lease Expiration: 2018 | Yearly Adjustment: CPI or 3% | Lease Option: 5 year | Security Deposit: 7,000 |
Seller Reference #2424
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