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#5101
Thousand Oaks - Camarillo - Ventura

Profitable Sushi Restaurant with Beer annd Wine

$150,000
Sold
Profitable Sushi Restaurant with Beer annd Wine
This Listing is Sold

Go Visit This Restaurant By Selecting the Link to the Far Left "Want Name/Address."

This Sushi Restaurant has served this family oriented community for 7+ years. A few years ago, as they maxed out their other location, they moved into a larger shopping center with much more seating. They have nicely grown the business and added a pation to their seating arrangements.

REASON FOR SELLING: At this time they have a family member that is quite ill and they need to leave the area to help care for the person.

The restaurant is known for the Freshest of Fish and the Signature Sushi Rolls, deliciously prepared Tempura and their grilled items as well. The ratings on Yelp on some of their specialty items shows their commitment to quality.

ABOUT THE RESTAURANT SPACE: The restaurant seats 44 inside and 14 on the patio. The restaurant has an open dining room floor plan allowing tables to be easily arranged to accommodate larger parties when needed. They have a 14 foot grease hood and a 6 foot oven exhaust hood. With 10 burners, 2 deep fryers, a grill and flat top grill there is no lack of equipment to keep up with the crowds. The Sushi Bar has 2 refrigerated display cases to highlight the Fresh Seafoods. Guests can watch the Sushi Chefs prepare the beautifully prepared rolls and sashimi dishes while they munch out themselves.

The restaurant has 2,000 Sq Ft with a Total Rent of $6,400 (this includes the NNN Charges). Sales have been in the $500- $525,000 range on tax returns since entering the new larger location. Costs have been maintained very will allowing owner to net $50K+ in 2016 and over $100K in 2015. The reason for the big change is The husband and wife have both been running the business but they had their first child at end of 2015 and have hired more help as owners wife is at home caring for their child and owner takes more time off also to be home more with family.

Come on by and see if this is not the opportunity you have been looking for, and don't forget to enjoy some of the great Sushi when you're there.

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Thousand Oaks - Camarillo - Ventura
Lease Term:
Feb 28, 2019 + 5 yr
Total Monthly Rent:
$6,400
Security Deposit:
$6,109

Financials

Last Year's Annual Gross:
$522,067
Last Year's Owner's Cash Flow:
$50,000
Last Year's Food Cost %:
29.4
Last Year's Payroll Cost %:
25.8
Last Year's Rent %:
14.7

Operations

Liquor License:
41 Beer & Wine
# of Full-Time Employees:
2
# of Part-Time Employees:
7
# of Working Owners:
1
Hours Open:
Mon - Fri Lunch 11:30AM - 2:30PM
No Lunch Sat & Sun
Sun - Thurs Dinner 5:00PM - 9:00PM
Fri & Sat Night 5:00PM - 10:00PM
Year Established:
2014
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
44
Outdoor Seating:
14
# of Parking Spots:
lots of shared
Inside Sq. Ft.:
2000
Outside Sq. Ft.:
200

Highlights

  • 7 plus years in Great Community
  • Fenced Patio Area
  • Located on Busy Street
  • Shopping Center with many Local and National Tenants
  • Lots of Parking

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 38,064 111,882
Households 3-mi. 5-mi
2010 Number Of Households 11,107 34,640
2010 Persons Per Household 3.28 3.14
Median House Value $526,800 $469,734
Income Per Household $97,079 $93,415
Businesses 3-mi. 5-mi
2009 Number Of Businesses 749 2,572
2012 Number Of Employees 18,098 65,620
2012 Total Annual Payroll $354,655,000 $1,372,012,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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, foreward 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.

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