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Successful & Profitable Sushi Restaurant With Full Kitchen

California : Restaurants
Listing #3043

Successful & Profitable Sushi Restaurant With Full Kitchen Located On Main Hwy With Ample Parking RRC#: 3043 Asking Price: $225,000 Location: North Lake Tahoe, Placer County, California Yearly Revenue: $687,000 Yearly Cash Flow: $95,004 Monthly Rent: 3700 including NNN LISTING DESCRIPTION: $95,000 annual profit on sales of $686,000 in 2017. Sales in 2018 is currently running well over an annualized $750,00. Located in a modern strip mall with ample parking and main Hwy access and currently open just 4pm - 9pm six days a week, so there is so much scope to increase the revenue and profitability or just enjoy the limited hours, profits and the relaxed Tahoe lifestyle. There has been a Sushi restaurant at this location for over 25 years and at only 1,200 square feet with a low monthly rent of $3,700 including NNN this an easily managed business. An ABC type 41 Beer and Wine license is also included with the sale and the full kitchen with 10ft Hood and fire suppression system, deep fryer, broiler, 6 burner stove and ample refrigeration and freezers with s/s work surface throughout, lends itself to add many hot food items to the current menu. All the equipment, the name, goodwill and ABC license is included. This is a perfect size restaurant for an owner/operator to excel in this bustling, high real estate housing market area. $1 million homes are the norm with access to California's Best Ski Resorts and family summer vacationing. The local population is also fast growing to keep up with the rapid population growth of high income residents and visitors. Jump into restaurant ownership and enjoy immediate profit with a lifestyle to match. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail. GENERAL INFORMATION: Organization: Corporation | Year Established: 2015 | Current Owner: 1994 | Employees: 12 | Seating: 40 | Square Footage: 1200 | Parking: 50+ | Days Open/Hours: 4.00pm - 9.00pm Wednesday - Monday | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $687,000 | Yearly Cash Flow: $95,004 | LEASE INFORMATION: Monthly Rent: 3700 including NNN | Lease Expiration: 2021 | Yearly Adjustment: $50 monthly | Lease Option: 4 year option | Security Deposit: 6000 |

Asking Price:

$225,000

Gross Income:

$687,000

(last 12 months)
Cash Flow:

$950,004

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Successful & Profitable Sushi Restaurant With Full Kitchen Located On Main Hwy With Ample Parking

RRC#: 3043
Asking Price: $225,000
Location: North Lake Tahoe, Placer County, California
Yearly Revenue: $687,000
Yearly Cash Flow: $95,004
Monthly Rent: 3700 including NNN

LISTING DESCRIPTION:
$95,000 annual profit on sales of $686,000 in 2017. Sales in 2018 is currently running well over an annualized $750,00. Located in a modern strip mall with ample parking and main Hwy access and currently open just 4pm - 9pm six days a week, so there is so much scope to increase the revenue and profitability or just enjoy the limited hours, profits and the relaxed Tahoe lifestyle. There has been a Sushi restaurant at this location for over 25 years and at only 1,200 square feet with a low monthly rent of $3,700 including NNN this an easily managed business. An ABC type 41 Beer and Wine license is also included with the sale and the full kitchen with 10ft Hood and fire suppression system, deep fryer, broiler, 6 burner stove and ample refrigeration and freezers with s/s work surface throughout, lends itself to add many hot food items to the current menu. All the equipment, the name, goodwill and ABC license is included. This is a perfect size restaurant for an owner/operator to excel in this bustling, high real estate housing market area. $1 million homes are the norm with access to California's Best Ski Resorts and family summer vacationing. The local population is also fast growing to keep up with the rapid population growth of high income residents and visitors. Jump into restaurant ownership and enjoy immediate profit with a lifestyle to match. Please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2015 | Current Owner: 1994 | Employees: 12 | Seating: 40 | Square Footage: 1200 | Parking: 50+ | Days Open/Hours: 4.00pm - 9.00pm Wednesday - Monday | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $687,000 | Yearly Cash Flow: $95,004 |

LEASE INFORMATION:
Monthly Rent: 3700 including NNN | Lease Expiration: 2021 | Yearly Adjustment: $50 monthly | Lease Option: 4 year option | Security Deposit: 6000 |


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