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#1091
Sacramento Restaurant For Sale

Japanese Restaurant Serving Teppanyaki and Sushi w/Beer & Wine

$80,000
Japanese Restaurant Serving Teppanyaki and Sushi w/Beer & Wine
This Listing is Expired
This 2561sq/ft Japanese restaurant was established in 1999 has 4 teppanyaki tables and a sushi bar. It is located in high visibility strip shopping center neighboring a Mexican restaurant, beauty salon, and is across the street from a national department store chain. Base rent is $4,008 per month plus approximated $1,275 CAM charge. CAM includes pest control, and waste disposal and water among the standard taxes, insurance and area maintenance. The lease expires on May 31, 2009 years plus a 5 year option to renewal. Seller needs a break from the restaurant business.

Please sign the Confidentiality Agreement to obtain the business name and address, seller is inviting potential qualify buyers visit their restaurant.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires on 05/31/2009 + 5yr option
Total Monthly Rent:
$4,008
Security Deposit:
$3,073

Financials

Last Year's Annual Gross:
$384,735
Last Year's Food Cost %:
27.4
Last Year's Payroll Cost %:
31

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
6
# of Family Employees:
2
Hours Open:
Mon-Thu 11am to 9:30pm
Fri-Sat 11am to 10:30pm
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
# of Parking Spots:
10
Inside Sq. Ft.:
2,561

Highlights

  • Turn key Japanese restaurant.
  • Well established Japanese restaurant since 1999.
  • Restaurant located on a high visibility of corner shopping center.
  • Across the street from the National Box Stores.
  • 4 Teppanyaki tables and sushi bar included.
  • Lease is expires on 5/31/2009 plus 5 year option.
  • CAM Change is Included Water, Garbage and Pest Control.
  • This is a good opportunity save yourself initial investment for teppanyaki restaurant.
  • Seller needs a break from the restaurant business.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 32,914 137,153 368,001
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,980 55,839 144,253
2010 Persons Per Household 2.03 2.32 2.40
Median House Value $215,900 $258,300 $254,276
Income Per Household $37,605 $53,931 $48,538
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,690 4,534 9,161
2012 Number Of Employees 53,182 150,110 313,126
2012 Total Annual Payroll $1,287,802,000 $3,458,790,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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