Large Traditional Japanese Restaurant with Real Estate

Business
  • Listing# : 12578
  • Listed Price : $2,980,000
  • Total Sales : $3,108,438
  • SIC : 5812
  • Down Payment : $2,980,000
  • Status : Closed
  • Discretionary Earnings : $504,626

Business Type :

Restaurants / Full-Service Restaurants

Business Description :

Located in Southern California, this high revenue, very profitable Japanese Restaurant is now for Sale. A traditional, upgraded facility of approximately 7500 sq ft, located on 1.4 acres of landscaped, manicured property is included with Sale. Owner is retiring and operates the business semi-absentee. Knowledgeable Managers in place manage day-to-day operations. Revenue for 2016 - approximately $3,100,000. Discretionary Earnings - approximately $500,000. Asking price - $2,980,000 includes Business and Real Property.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $1,720,000
    • Incl : Yes
    • Inventory $40,000
    • Incl : No
    • Liabilities $1,113,604
    • Incl : No
    • FF&E $550,000
    • Incl : Yes
    • Other: $20,000
    • Incl : Yes
    • Leasehold $905,000
    • Incl : Yes
    • Total Assets $3,195,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants