Owner Absentee Hibachi and Sushi w/Long History

Asking Price$1,200,000

Cash Flow
$400,000

EBITDA$1,920,000

Gross Revenue$1,920,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Owner Absentee Hibachi and Sushi w/Long History


Asking Price$1,200,000

Cash Flow
$400,000

EBITDA$1,920,000

Gross Revenue$1,920,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This restaurant is a very famous restaurant in the area and is very stable restaurant that is currently running without an owner. This restaurant has a manager who works very hard for the entire , and also has a well set-up manager for hibachi section. Hibachi manager control the all the hibachi chef for hiring and managing all the hibachi section. They are gross sale is $160,000 per month and 1.92 Million per year.
Net profit is $400,000 per year. As I said owner is not working and Absentee Restaurant.
Owner is retiring and SBA loan is available.
About the Business
Number of Employees
12
Market Outlook / Competition
very famous restaurant and good review. Other restaurant around here don't compete.
Opportunities for Growth
This restaurant is vey stable, so all you have to do is maintain it and it will continue to make good money.
About the Sale
Seller Motivation
Retiring
Transition Support
will provide enough training
Listing Info
ID
2387111
Listing Views
457

Contact Seller

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Business Listed by: Richard Choi Good Partner Commercial Real Estate Team

Listing ID: 2387111 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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