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Listed by:

Aria Business Advisors

Turn-Key Japanese Steakhouse And Prime Real Estate For Sale

Henrico County, Virginia, US
Asking Price:
$245,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$130,000

An extraordinary opportunity to acquire a premier, high-volume Japanese dining institution in a thriving Central Virginia suburb. This landmark establishment has been a staple of the community since 1976, offering a unique blend of hibachi, sushi, and traditional Japanese cuisine. The business operates under an absentee ownership model with experienced management staff overseeing daily operations. There's room to grow - the current layout allows for a potential ramen section that could be sub-leased to an independent operator, creating an additional revenue stream without requiring your direct involvement.

The Building valued at $2.3mm sitting on almost a 2 acre lot housed in an 11,000 SF stand-alone building must be purchased along with the Business for a total price of $2,575,000 (Negotiable)as the Seller needs to retire. The Seller is willing to negotiate and will consider owner financing for the total transaction. Terms to be discussed. Due to the owner’s health and age, the purchase of the building and underlying real estate is required as part of the transaction. Motivated Seller!

Property Information

Real Estate:

Real Property Included

Location:

Henrico County, VA

Premises Details:


11,000 Square Feet, 1.78 Acres, Full Liquor License, 90 Parking Spaces, Dining room capacity of 180, 25 Employees, 18 Hibachi tables, Two private dining rooms, Sushi bar seats 50, Bar Lounge area seating 6o+

Size in square feet:
11,000 sqft

Business Operation

Reasons for selling:

Retirement

Employees:
25 Full-time
Years established:
50 years

Other Information

Support & training:

The current owner has built a dedicated, experienced management team and workforce that is expected to remain with the business post-transaction. The owner is also committed to working closely with incoming leadership to facilitate a smooth and seamless transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:


Seller financing available

The Seller will do up to 50% owner financing for the total transaction.

Furniture / Fixtures value:
$140,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price