Japanese Sushi Restaurant - Top of the Line

Business Description

Price reduced to 2 times average '19/'20 Cash Flow; includes FFE, inventory, #12 LL. 2021 numbers recovering nicely from '20, even with no lunch.
NOTE: Posted numbers are an AVERAGE between 2019 and 2020, i.e., an average between the worst year ever for restaurants (2020) where they still grossed over $950k and had a cash flow over $200K, and a "normal" year (2019) with over a million in revenue and over $400K cash flow to the husband and wife owners.

Ripe for the picking by investor who knows their way around a restaurant but does not want to be tied down. Both owners can be replaced with some top level management and current staff with small increase to labor costs.. Husband drives quality, finds the freshest fish and trains the cooks and sushi chefs, less than full time, only pulls two shifts a week. Wife manages, no scheduled shifts, watches the books, pays the bills and hires and fires. Staff able to handle it all when she is gone. Both work less than full time, replace with new owner with management skills or promote manager from within to general manager.

Great landlord and lease, with 3 additional 3-year options.

Confidentiality is critical, as always. Contact Bill Swan (Broker) for more information, complete our NDA to start receiving additional financials and a possible tour when appropriate.

  • High Revenues
  • Well Trained Staff
  • Great Lease Options
  • Excellent Location

Detailed Information

Location: Tucson, AZ
Inventory: $10,000 included in asking price
Real Estate: Lease $6,400/mo. 2,641 sq.ft. Expires 1/31/2022
Employees: 16
Furniture, Fixtures, & Equipment (FF&E): $52,000 Included in asking price
Facilities: Tucked away in quiet neighborhood, capacity about 70 with cozy dining room, Sushi bar, small patio seating. Full kitchen including several chefs stations at Sushi bar. #12 restaurant liquor license.
Competition: Succeeds because of top quality food, presentation. unique menu combinations and approach, and highly trained staff. While others closed or went into the red in 2020, their dedicated customers just kept coming back and they are coming back on all cylinders.
Growth & Expansion: As we come out of the pandemic, might be time for a touch of brand awareness on the web or in local advertising venues (they do NONE). Other than that, don't change a thing.....
Support & Training:Will support new owner(s) with up to 2 weeks of orientation and training and follow-on mentorship if required.
Established: 2008
Reason for Selling: Simplifying Life