Last Revised: 9/24/19. Posting #: 253344
Key Words: japanese, asian, sushi, poke, fish, ramen, san diego
Financial Info: Price: $300,000. Down: Call. Adjusted Net: $97,290. Annual Revenues: $593,200. According to the Seller, nearly 33% of the business is delivery. Rent: $5,360/month including CAM. There are approximately 3.5 years left on the lease.
Profile: Japanese restaurant is now available. The restaurant is approximately 1,667 sq. ft., and the rent is $5,360 including CAM. There are approximately 3.5 years left on the lease. Gross Sales were $593,280 for 2017 (Source: Tax Return) with Seller's Discretionary Earnings of $97,290. The restaurant has a beer and wine license. The restaurant has a diverse menu offering Poke, Sushi, Ramen, etc. According to the Seller, nearly 33% of the business is delivery. This is a high traffic area with heavy pedestrian and drive-by traffic. Business is located in downtown San Diego and surrounded by major commercial, residential (Mid & High Rises), and mixed use projects. Business has a great online presence and reviews. Perfect opportunity for an owner operator or as an add-on restaurant.
Professional Resources & Contacts To Help You Close Your Deal!
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Southern California business broker Joe Ranieri provides business owner/sellers with helpful tips for interviewing and selecting a business broker. Included are things to look for when speaking with business brokers to determine if they are the best candidate to help you sell your business.
Key Words: business broker, business brokers, broker, brokers, sell a business, selling a business, sell my business, joe ranieri
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
Profile: Business buyers must use extreme caution when seeking online businesses for sale. In this BizBenNetwork blog, BBN Senior Facilitator Manager Jordan Green explains the major red flags that buyers should look for when examining online business opportunities and existing online businesses for sale.
Key Words: buyers, buying a business, finding a business, searching for a business, online businesses, business opportunities, scams, jordan green
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