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  Home > Search Results > For Sale: Japanese Sushi Restaurant, Bar

For Sale Japanese Sushi Restaurant, Bar In Burlingame, San Mateo County, CA

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Contact: Jeffrey Ota at 415-272-5061, 415-272-5061 - Log In To Message/Email This Contact
Last Revised: 9/10/19. Posting #: 250522
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Key Words: asian, japanese, sushi, bars, burlingame, san mateo
Financial Info: Price: $550,000. Down: $550,000. Adjusted Net: Call/Email. Annual Revenues: $1,200,000. Monthly Rent: $16,500 including CAM. Lease Expiration: 12/31/2021. Lease Option: 5 years.
Profile: Bbb#: 1527
Asking Price: $550,000
Location: Burlingame, San Mateo County, CA
Yearly Revenues: $1,200,000
Yearly Cash Flow: contact for info
Monthly Rent: $16,500 including CAM

Listing Information:
This fully equipped sushi Japanese restaurant with ABC 47 full liquor license, is well located in a very desirable community, with constantly high pedestrian and motorist traffic in Burlingame downtown. The corner location, one of the best locations in Burlingame, is excellent with great street visibility. Beautiful patio is attached to main dining by sliding glass wall. The restaurant has a permit for using the building side seating with 16. Seating for 18 on patio. Main dining seating for 32, seating at bar for 22. 12' hood is installed. Basement is available for storage area and walk-in-cooler.

General Information:
Organization: LLC | Years Established: 20+ years | Current Possession: 5 years | Seating: 32 in main dining, 16 at building side, 22 on bar counter | Square Footage: 2,500 sq. ft. | License Required: business, health, ABC 47 full liquor license | Days Open/Hours: 6 days lunch 11:30am - 2:30pm, dinner 5pm - 10pm, closed on Monday | Reason For Sale: other investments |

Financial Information:
Yearly Revenues: $1,200,000

Lease Information:
Monthly Rent: $16,500 including CAM | Lease Expiration: 12/31/2021 | Lease Option: 5 years

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
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.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
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!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Jim Saxton at 925-787-0770   Log In To Message/Email This Contributor
Profile: Over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area, CA is very qualified to resolve all of your concerns during the liquor license transfer process.
Key Words: jim saxton, restaurant, restaurants, bar, bars, liquor license, liquor licenses, type 48, type 47
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
Key Words: business valuation, valuing a business, selling a business, sell a business john byrne
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Profile: It is every buyer’s dream to purchase an absentee owner business that allows them to collect a sizable paycheck without requiring any work. Is this a realistic expectation for business buyers? Is there such thing as 100% absentee business ownership? Jordan Green explores this popular topic.
Key Words: absentee, absentee owner, absentee ownership, semi-absentee, business owner, jordan green
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Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
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