Long Established Sushi Restaurant in the Heart of the Lake Tahoe

Asking Price$475,000

Cash Flow
$131,521
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$823,698

InventoryNot Disclosed

FF&ENot Disclosed

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Long Established Sushi Restaurant in the Heart of the Lake Tahoe


Asking Price$475,000

Cash Flow
$131,521
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$823,698

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Long Established Sushi Restaurant in the Heart of the Lake Tahoe – 3,750 sq ft – Great Location

RRC# 5039
Location: Lake Tahoe

Description:
SBA long term loan available to well qualified Buyers for this modern Sushi restaurant with seating for 100, a private dining room and ample parking. Sushi Bar seating for 12 and a Bar with seating for 10. Established at the same Lake Tahoe location since 1985 serving the finest Japanese cuisine, featuring a wide variety of deliciously cooked entrees and traditional sushi in an authentic atmosphere. Considered by many residents as having the best and freshest sushi available in the city. “Staff are very friendly and polite. Price is very affordable, and the food is delicious. It was our first time, and we really had a good experience.” A fully equipped kitchen with an 8ft type 1 fire suppression system, stoves, refrigeration and s/s worktops throughout and a low monthly rent of only $4,900 with a long term lease & additional lease options made available to be negotiable. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.


Financial Information:
Monthly Revenue: $68,642
Monthly Cash Flow: $10,960
Annual Revenue: $823,698
Annual Cash Flow: $131,521

General Info:
Ownership:Inc
Established: 1985
Employees: 15
Reason For Sale: Other Interests
Monthly Rent: $4,968
Expiration: 2028 plus Negotiable Option

Facilities:
Square Feet: 3,750
Seating: 120
Parking: 15 Spaces & Street
Licenses: ABC Type 41 Beer & Wine, Business and Health Licenses
Days/Hours of Operation: Tuesday - Sunday 5.00pm - 9.00pm Closed Monday
About the Business
Years in Operation
40
Employees
15
Facilities & Assets
Square Feet: 3,750

Seating: 120

Parking: 15 Spaces & Street
Website
https://www.restaurantrealty.com/listings/4938/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,750
Rent
$4,968.00 per month
About the Sale
Seller Motivation
Other Interests
Listing Info
ID
2321860
Listing Views
630

Contact Seller

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Business Listed by: Keith Simpson Restaurant Realty Company

Listing ID: 2321860 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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