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Businesses For Sale   >>   Sushi Businesses For Sale   

Freestanding Hibachi & Sushi

Location  Louisiana,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1277212
Net Profit / Cash Flow  $447855
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1997
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Owned
Training  Seller is willing to stay and train new owner for an agreed time period in order to make this transition as smooth as possible.
Reason for Sale  Owner has been in the business since 1997 and now wants to pursue other opportunities.

Freestanding Japanese Hibachi Grill & Sushi restaurant is now available for acquisition. This sale includes 14 state of art Hibachi grills and customized hibachi stations, 11,575 SF of standalone building, and 2.35 acres of land. All equipment which originally cost more than $300K has been well-maintained, and all is in excellent condition. The restaurant offers Hibachi grilled menu with finest steak, chicken, and seafood as well as fresh sushi & a variety of California rolls. Also, this Japanese style steak house features a full custom made bar which is separated from dining area just for bar customers. Average net sales in 2013 is over $105,000 per month, a little over 90 percent of which is generated in dinner and weekend. Such sales are remarkable considering that current owner has not undertaken any pro-active marketing for the past few years. This is a great opportunity to acquire a high profitable freestanding Japanese hibachi and sushi restaurant located in Bossier Parish of Louisiana. For more info, please call Moon Kim at 1-866-519-2421 Ext. 101. Asking: $2,300,000 Furniture, Fixtures & Equipment: $250,000 (Included in listed price) Inventory: $5,000 (Included in listed price) Real Estate: $1,800,000 (Included in listed price) Financing: SBA financing available for 20% cash down. Facilities: This 11,575 SF free standing building is situated on a 2.35 acres (102,164 SF) of land. This gorgeous restaurant features 14 state of art Hibachi grills with custom made 14 Hibachi grill tables. This huge restaurant can accommodate up to 300 people. Competition: No direct competitor was found in immediate market area of 5 mile radius. Growth And Expansion: Owner has not done any marketing for the past few years. Pro-active marketing is necessary to take the restaurant to next level.

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