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Primary Industry C1300 | RESTAURANTS | Category | JAPANESE REST. | | Business Description | Profitable Japanese grill Franchise Restaurant | | SIC Code | | Organizational Form | S Corp | | General Location | Beverly Hills ,C.A | | Selling Price | $499,000 | Down Payment | $249,500 | | Annual Revenues | $650,000 | Discretionary Earnings | $160,000 | Seasonal? N Can Relocate? N Home Based? N Absentee Owner? N Franchise? Y | Days and Hours
of Operation | Mon-Fri 11-9 Sat Sun 12-9 | Year Established | 2004 | | Years Owned | 2 | | Full-Time Employees | 1 | Part Time 6 | Managers 1 | | Other Payroll Information | | | Hours Owner Works | 20 hrs per week | | Owner's Duties | | | Skills Required | | | Training & Cost | One week 25 hrs per week $2,500 | | Non Compete | 5 miles for 5 years |
Executive SummaryThis restaurant reflects the pride of its owner. You couldn’t ask for a better location. The restaurant is in a prime location in Beverly Hills and is surrounded by businesses and a large residential area, which brings plenty of traffic to this profitable Japanese restaurant with hood and grill.The facility is in outstanding condition, and leasehold improvements including furniture, fixtures, and equipment, valued at approximately $170,000 are INCLUDED in the sale price. A buyer looking to own/operate this business could see profits increase substantially.The current owner works part time; new owner can operate business to increase efficiency and profits! This Japanese grill restaurant offers healthy Japanese cuisine in fast-casual atmosphere.Even though the environment they have created is casual, they are very serious about what they do and how they do it. This Japanese grill franchise restaurant provide a superb dining experience.Their healthy salads, mouthwatering grilled meats, succulent seafood and sushi are tastier and fresher than other restaurants, and often quicker and less expensive too. Buyer must be qualified by franchisor. Confidential business information provided to qualified buyers. |
Lease / Building Information | | Monthly Lease/Rent | $6,400 | Deposit | | | Expires | 1/1/2011 | Building Type | Inline | | Terms & Options | One five year | | Square Footage / Dim. | 1050 | Seating | | | Other | |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | N | | Licenses | N | | | Inventory | N | | Type of License | | | | L/H Improvements | Y | $150,000 | Other Assets | | | | Furniture / Equipment | Y | $20,000 | | | | | Real Estate | N | | Total Assets | | $170,000 |
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.
Printed on 12/24/2008 9:27:02 PM by Iqbal Hussain |
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