Absentee Owned, Well-established Sushi Restaurant For Sale
Location: Maricopa County
The restaurant was established in 2003 and transitioned to the new ownership in 2016. The owner reports spending zero hours in the restaurant and is responsible for the payroll and the legal aspects of the business, including staying current with TPT payments and health code compliance.
The business has a #12 liquor license and is completely turn-key with all staff and equipment in place. The staff includes a manager, two cooks, a sushi chef and servers. The customer base is strong as evident by the hundreds of 5-Star Google Reviews.
The seller is looking to invest the capital into another venture and has priced the business competitively to sell at $97,500.
Please contact me if you are interested in this opportunity.
*The represented gross and net income are based on an annualized period from January – August 31, 2020
Asking Price: $97,500
Gross Income: $410,612
Cash Flow: $52,881
FFE: $30,000 (Included in Price)
Reason For Sale:Looking to invest the money from the sale in a different venture.
Training & Support:Seller willing to train and the time-frame is negotiable.