Iconic Specialty Japanese Restaurant in Central Location***

Asking Price$120,000

Cash Flow
$45,474
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$467,513

InventoryNot Disclosed

FF&ENot Disclosed

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Iconic Specialty Japanese Restaurant in Central Location***


Asking Price$120,000

Cash Flow
$45,474
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$467,513

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
An opportunity to take a restaurant to the next level in town. Sushi Ichiban is a popular restaurant in Portland's Old Town District. Be a part of the city's efforts to revitalize the community by actively owning a restaurant in the district. This restaurant has been in operation for several years with the current owner taking over in 2007 and applying his own twists on traditional dishes. The restaurant has a fully equipped kitchen, beverage station, serving stations and offers in house dining with booth and bar seating areas along with take out options. Behind the large bar area is a fully set up server station. Customers can choose from a variety of menu options with the infamous "Sushi Train" delivering small plates to customers around the bar. Take over the current concept or use this location to start your new concept in Portland's historic Old Town.
Liquor license expires 12/31/2025
***Please direct all inquiries to the listing broker***
About the Business
Years in Operation
28
Employees
8
Facilities & Assets
The current owner took over the reigns from the prior owner in 2007 and added his touch to the restaurant. This is a very popular spot for locals.
Market Outlook / Competition
While there are many restaurants in the city, balancing the right mix of quality offerings, great service and an attractive vibe will help to differentiate a business. The current business has focused on good food at a reasonable cost to the customer.
Opportunities for Growth
Portland has been revitalizing the Old Town Business District. The local business association works together on economic development initiatives. A new owner can decide to keep the concept and grow, or bring in their new concept to create new interest to the area
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,224
Rent
Not Disclosed
About the Sale
Seller Motivation
reducing locations
Listing Info
ID
2365392
Listing Views
750

Contact Seller

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Business Listed by: Dan Walkowski Transworld Business Advisors of Portland

Listing ID: 2365392 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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