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May 19, 2012    
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Listing #3521Prime Davis Location Asian Restaurant For Sale Price: $59,000











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This is a high quality Sushi Restaurant at a steal of a price giving this one of those unique opportunities to own and operate an authentic Japanese Restaurant in the very desirable and popular city of Davis.  This restaurant is in a great main street location with plenty of parking and high visibility. UC Davis Students and Faculty alike enjoy the buzzing atmosphere of this prominent, classy restaurant.

This restaurant has been under the same ownership since 2001 (11yrs) and is probably one of the most well known Japanese Restaurants in the area. Featuring 1,300 Sq Ft of indoor space with a small area for good weather dining outside. Rent is low at  $4,700 per month included all CAM charges. The Dining room accommodates approx 40 seats with Beer/Wine served and a nice Sushi Bar.
The whole Dining room is fitted to a very high standard with many upgrades and a large kitchen for a possible chef owner to be in kitchen heaven. There is ample preparation and storage area, making this opportunity totally turn key. No further investment is required. It looks and feels absolutely new and clean.

The open Sushi Bar sits proudly to one side and is a real favorite with locals. The building has high visibility signage situated right on the main street. This is a perfect opportunity for a couple to own and operate their first Sushi restaurant. The size is managable and could lead to opportunities for growth in other locations in the future.

There is a Type 41 Beer and Wine license which is included with the sale.

Open for Lunch & Dinner, six days a week there is ample opportunity to expand the business, opening for Sunday's and "To Go" diners offered by most other restaurants in this upscale town.

You couldn't find a better deal and the opportunity to start a new life beginning in 2012 in the City of Davis! Don't hesitate as at this price, this restaurant will sell fast!

The Seller has family needs in Asia and wishes to concentrate on these.

This is a Paramount Restaurant Brokers, Inc. Listing





General Information Highlights
Listing Status: Available
Price: $59,000
Location: CA Sacramento Metro Businesses For Sale
Last Year's Annual Gross: $264,649
Last Year's Adjusted Net: $27,740
Lease Information: Expires January 2016 + 5 year option
Monthly Rent: $4,700
Liquor License: 41
Indoor Seating: 40
Outdoor Seating: 16
# of Part-Time Employees: 5
# of Full-Time Employees: 2
Hours Open: Monday - Thursday 11.00am - 9.00pm Friday 11.00am - 10.00pm Saturday 4.00pm - 10.00pm
Year Established: 2001
Inside Sq. Ft.: 1300
Outside Sq. Ft.: 200
Hood System: Yes
General Information Highlights
  • Such a small price to pay for this quality Restaurant
  • Beautifully Appointed
  • Large prep kitchen suitable for any menu
  • Would suit first time Chef/Manager owners
  • Plenty of room for growth
  • Manageable Size
  • High Roadside Visibility
  • Turn Key
  • Sellers are very Motivated
  • Great Location in this University Town
  • 11 years of Goodwill
  • Same Ownership since 2001
 
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. SellingStores has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



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