Japanese Restaurant - Thriving Turnkey at Rock Bottom Price

Reluctantly and unexpectedly selling after only one year while improving the business, e.g., a bit of new equipment, modern POS, simplified menu, delivery systems established and new web site with ordering system. Great reputation, been serving Sushi and other Japanese food quickly without sacrificing quality since 1989. Open for limited sit-in, but delivery and pickup still very popular. Only open 5 days/week, 7 hrs per day.
Since taking over in August 2019, costs down, revenues up, profits up.
Selling because of family demands elsewhere.
Excellent location, with amenable landlord. 6 years left on lease, with option.

Please refer to listing ID: 20-3459

Industry:  Food and Beverage
Industry Segment:  Restaurants
Geography:  United States > Arizona > Tucson
Asking Price:  $99,000
Gross Revenue:  $288,000
Cash Flow:  $84,000
Value of Inventory:  $3,000
Value of Equipment:  $40,000 (Included in Asking Price)
Year Established:  1989
Number of Employees:  1FT, 2PT,+owner
Relocatable:  Yes
Mgmt. Training/Support:  Negotiable. Will support with care: Train recipes and systems to insure success.
Reason For Selling:  Leaving town to support family in need elsewhere.
Facilities:  Great location set back from main road easily accessible from university and downtown. Small sit-in, a few tables outside, efficient and complete kitchen with excellent ratings by health department inspectors. Modern POS. New website with ordering. Trademark included.
Market Outlook/Competition:  Not much, especially in the quality Japanese quick service arena. Been providing great meals for 30 years. Delivery systems established which are thriving and reducing labor costs.
Name:  Bill Swan
Email:  tbi@tucsonbusiness.com
Phone:  520-750-1764

 

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