Profitable Japanese Sushi Restaurant, Healthy FoodListing: #SV00078
About this Business for sale in Greater San Francisco Bay AreaProfitable Japanese Sushi Restaurant, Healthy Food
Great opportunity to own a well-established Japanese fast casual restaurant for the health conscious. Open 7 days a week for 24 years with the same owner, using an efficient and easy to run operation with low overhead. The new owner can convert into a new concept. Excellent location on a main street, close to the freeway, in a busy and popular shopping center with ample parking. Many diverse and staple businesses nearby, such as supermarkets, banks, and multiple restaurants (bagels, smoothies, American BBQ, and more). Long term lease available for 5 years with 5 year option. Lease will expire in 2023. Rent increases 4% yearly. Rent: $8308 monthly, with 1,800 square feet. Motivated seller is ready to retire.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.