Japanese Steakhouse & Sushi Restaurant
Location:
United States
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Florida
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Lakeland
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Japanese Steakhouse & Sushi Buffet opened only 1 year ago and has paid off ALL its debt! Over $700k in FF&E and Leasehold Improvements. 12 New Hibachi cook stations, EXTENSIVE woodwork, all new facility seats over 196. Extremely clean. Sold over $1.5M in sales the first year (Gross Sales $386,276 first qrtr.2009). Rent was recently renegotiated to less than $9 per square foot. Seller willing to owner finance qualified buyer. Located on a very busy highway in an excellent strip center.. Please refer to listing # 43901677 and ask for H. Joe Strickland when inquiring. Thank you!
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$1,545,104
Cash Flow:
$388,421
Cash Flow Type: Sellers Discretionary Cash
Inventory: $170,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2001
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Weeks training: 2. Cost: $0.
Reason For Selling: Other businesses.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70095589
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