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Japanese Restaurant & Sushi Bar For Sale

Hampton Roads, Virginia
Asking Price:
$169,000 Inventory / Stock included
Sales Revenue:
$555,000
Cash Flow:
Available on request

In business for approximately 28 years, this niche restaurant serving Japanese dishes and in particular, specializing in Sushi specialties, is well known by many in the local community. A lunch location for many business locations and a great following during the evenings. The owner and his staff provide great service and this is reflected by its longevity in the market. Owner willing to train, manage, and provide leadership until new owner is comfortable.

Property information

Real Estate:

Lease

Premises Details:

2500.00

Size in square feet:
2000 sq ft

Business Operation

Expansion Potential:

Growth and expansion of this particular restaurant is strong as the present owner has only relied on repeat business. The owner has not done any consistent marketing of this restaurant and with some strong effort, growth could be accomplished. The product served at this restaurant is respected and with a new owner being trained well and staff staying aboard, this restaurant could thrive.

Competition / Market:

As known by many, there is always competition in the market, but a 28 year stay by this owner and his staff is reflection that all competition has not impacted the owner's ability to still operate a profitable business. More marketing by the owner would decrease the present competition.

Reasons for selling:

Family owned business, and owner is retiring.

Trading hours:

Days: Monday thru Saturday, Hours: 1130am-230pm & 530pm-930pm

Employees:
Full Time: 8, Part Time: 7
Years established:
28

Other Information

Support & training:

Owner willing to support and provide training.

Financing available:

Owner financing will be considered by the owner.

Contact Information

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