Longstanding Eastbay Japanese Restaurant For Sale! Strong Goodwill in a Busy & Safe High-Traffic Location
Location: Alameda County
Description:
This traditional, family-run, Japanese restaurant is now for sale. The restaurant has operated for decades and is beloved and supported by the community. There is extensive Goodwill that would transfer with this sale to a new owner.
The building is located in a busy Eastbay community that is growing fast, with many new modern housing projects and downtown improvements in the works now. The location is ideally located between 185 and 238 (Foothill Blvd) in this diverse Eastbay city. The blocks are clean and safe and attract a lot of families and dining guests each evening. There is a public parking lot next door to the restaurant for the convenience of their patrons.
The current owners will be the landlord for any new incoming tenant. Having a landlord that understands restaurants and the existing restaurant space is a huge bonus for any new tenant. For the right tenant, they will offer a good lease term with option(s), at a monthly rate of $9500+NNNs each month for this ~4400sf space, that has ~3800sf inside and a potential patio area of another ~700sf, if a new tenant wanted to convert it.
The restaurant has a traditional Japanese look and layout and boasts a wonderful sake menu, with a sake line created exclusively for this location. There is ample kitchen space with a large office and multiple dry storage areas plus attic space. Please reach out for a full equipment list.
There is an entry way host area, waiting area, spacious dining room with an elevated dining section, a classic sushi bar with seating and a private dining room for roughly 12 guests.
There is so much room to expand hours and increase volume as the current owners own the building, thus operating limited hours. Tap into this opportunity of extensive Goodwill and bring your own ideas and upgrades to this wonderful and classic Japanese restaurant.
Financial Information:
Monthly Revenue: $65,981
Monthly Cash Flow: Contact For Info
Annual Revenue: $791,799
Annual Cash Flow: Contact For Info
General Info:
Ownership: Corporation
Established: 1997
Current Owner: 1997
Employees: 6-8
Reason For Sale: Retirement
Monthly Rent: $9,500 + NNNs (estimated 2.50sf)
Expiration: New Lease Available
Facilities:
Square Feet: Inside ~3,800sf, possible patio can be created ~700sf
Seating: 80+
Parking: Public Parking Lot next door + easy street parking
Licenses: Type 41 ABC Beer & Wine, Health, Business
Days/Hours of Operation: Up To Tenant
