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#4203
Ventura Restaurants For Sale

Profitable Sushi Restaurant, 15 year history, with beer and wine.

$140,000
Profitable Sushi Restaurant, 15 year history, with beer and wine.
This Listing is Expired

Profitable, Delicious Sushi Restaurant is Available Now!

  • 15 year history.
  • Great Yelp reviews.
  • The past 10 months revenue $236,896,  Last years revenue $251,485.
  • Beer and wine license.
  • This is an owner operated restaurant. He is retiring after a long time in the restaurant business.
  • Restaurant is a well designed, and efficient 1098 square feet.

History: The restaurant was opened in 1999, and sold to the current owner in 2001. The current owner buys his fish fresh from the fish market in Los Angeles to get the freshest options to his customers. Sales are steadily rising throughout the years, as well as his client base.

Location:  The demographics in this area are VERY HIGH!  The restaurant is located in the wealthier part its city. It is surrounded by homes where the average price for the homes is almost double the rest of the cities average. It is in a nice shopping center near other nice restaurants that have also been around for some time. It is the only shopping center in the area close to all the homes.

Yelp Reviews:

-“I've lived in ... since 1998 and have been coming here for a very long time.”

“If you're truly a connoisseur of sushi, sashimi...this place is worth a visit.”

- (restaurant name here) has the best Sushi in .... The quality and freshness has never let us down and we've eaten here over 100 times.This is a family owned business and they take care of their clients. The owner's son ... is awesome and always takes care of us. I recommend the Sushi to everyone!

 
LEASE: There are 1,098 Sq. Ft. with the all-in rent of $2,356 a month.  There are national chains located in this center, drawing plenty of traffic to your business. 
 
To get the name and location please visit SellingRestaurants dot com. 
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
Expires August 31. 2018 + 5yr option
Total Monthly Rent:
$2,356
Security Deposit:
$3,294

Financials

Last Year's Annual Gross:
$251,485
Last Year's Owner's Cash Flow:
$54,202
Last Year's Food Cost %:
77662
Last Year's Payroll Cost %:
8.27
Last Year's Rent %:
12.8
EBITDA:
$75,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Lunch:
Mon-Fri 11:30AM-2:30PM
Dinner:
Mon-Thur 5:00PM-9:30PM
Fri-Sat 5:00PM-10:00PM
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
44
# of Parking Spots:
lots
Inside Sq. Ft.:
1,098

Highlights

  • Profitable Sushi Restaurant
  • In business since 1999
  • 15 years of building Clientel
  • Turn Key
  • Plenty of parking
  • Beer and Wine Liquor license
  • Good Yelp reviews
  • Owner stated profit of 7K-8k per month! Buyer to verify!

Financing

Down Payment:
$20,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 73,818 111,882
Households 3-mi. 5-mi
2010 Number Of Households 23,533 34,640
2010 Persons Per Household 3.07 3.14
Median House Value $442,800 $469,734
Income Per Household $91,686 $93,415
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,823 2,572
2012 Number Of Employees 47,522 65,620
2012 Total Annual Payroll $1,017,357,000 $1,372,012,000

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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    Lease:  
    Expires 5/30/2027 + Options
    Monthly Rent:  
    $14,517
    Annual Revenues:  
    $2,800,000
    Square Feet:  
    5,000
    Available
    $299,000

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