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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Sushi Restaurant Business For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1660000
Net Profit / Cash Flow  $696000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  10 - 19
Inventory  100000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Two weeks at forty hours per week
Reason for Sale  Develop new restaurant
Description  BTI 7867 - The business model for this owner over the past several years has been to develop sushi restaurants within the San Francisco bay area build them up then sell them to corporations and individuals. The owner has developed a successful design and restaurant prototype that works well within the volatile restaurant market place. He trains his staff and helps to develop a menu with broad appeal for the seafood lover tastes. The company prides itself on delivering high quality seafood with clever applications and processes and operates from a 2,589 sq. foot retail facility located in an attractive new shopping center location with quality tenants that attract a high traffic flow to the area. These tenants are large major nationally known retail operations. At this point, seller's tax returns are not being provided so a prospective buyer will have to disclose sufficient cash to complete a transaction and will need to conduct their own due diligence via seller's internally provided documentation. Sales for 2011 $1,659,075 SDE 2011 $ 696,142 Sales 1st Qtr 2012 $409,103 SDE 1ST Qtr 2012 $169,425 Leased Space 2,589 sq ft w/Base Rent $10,680 + NNN $1,848 Options: 2 each at 5 years Security Deposit $10,416 Employees: 16 Full Time Working Owners: 1 Full Time Hours : Mon -Sun 11:00 - 10:00 Fri - Sat 11:00-11:30 Established 12/2008 Asking $1,250,000 Down $875,000 Seller Financed $375,000 Term 5 years Interest 3% Payment $6,738.26
Click Here To Contact Seller

    

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