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Sushi Restaurant Near Rated In Cincinnati For Sale

Cincinnati, Ohio
Asking Price:
$220,000 (USD)
Sales Revenue:
$600,000 (USD)
Cash Flow:
$100K - $250K (USD)

The Business: • The business is a regional Sushi Restaurant rated as the number one Sushi Restaurant in Cincinnati, Ohio. • The business serves residents and business people alike. • The restaurant is surrounded by numerous hotels and businesses in the West Chester area. • This restaurant has lot’s of Japanese charm and is know for excellent food. • The business has 2700 square feet of space and three (3) years remaining on the lease.
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The Transaction • The Buyer has the opportunity to purchase the assets of the business that are valued in current value terms at approx. $50,000. • The inventory has a value of $40,000 and is included in the price. • The total asking price is $220,000. Gross annual sales exceed $600,000 in 2018. • The owner has reached retirement age and would like to sell the business. • The business currently is managed by the owner. • The owner is willing to assist in a smooth transition including all training required.

Property information

Real Estate:

Lease

Lease Terms:

includes all CAM. 3 years remain on lease

Leasehold Rent:

$60,000 (USD) per annum

Location:

2700 sq ft of great looking restaurant- 3 years left on lease

Premises Details:

bar and well done interior

Size in square feet:
2,700

Business Operation

Expansion Potential:

lot's with social media., ads and marketing partners

Competition / Market:

minimal

Reasons for selling:

retirement

Trading hours:

7 days

Employees:
7
Years established:
2011

Other Information

Support & training:

owner will assist

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

possible partial

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$40,000 (USD)

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