Unique Japanese Concept With Real Estate Available
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $700000
Net Profit / Cash Flow $102000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 10 - 19
Inventory 10000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Training will be provided.
Reason for Sale Health reasons.
Description Unique Japanese concept with strong location on the South Shore. The restaurant for sale is located on a busy state route; the facility is modern and has a beautiful build-out. This site has a history of strong sales and excellent growth potential. The business and/or Real Estate are for sale.
Facility: This is a stand alone building, the space is approximately 5,050 square feet; the facility consists of a bar area, large kitchen and two large dinning areas. There is seating for 150 persons.
Condition: The building and restaurant are in good condition and have been recently improved.
Parking: Private Lot with plenty of parking.
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: 3.5 years remaining on the current term with one Five (5) year option.
Base Rent: $7,184 per month NNN
Size: 5,050 square feet (structure) 17,000 square foot (lot)
Seating: 150 seats
Hours: 3:00 PM - 10:30 PM
Licenses: Full Liquor & C.V.
Sales: Approximately $700,000 in 2008
Cash Flow: $102,000
Real Estate: Is available for $1,150,000 there is also the possibility of an option to purchase the R.E.
Asking Price: $185,000 for the Business; the Real Estate is additional.
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