Popular Japanese Restaurant Inside Loop Location - Seller Financing Available
Listing: # 8354
Price: $ 500,000
Location: Houston
Listing Profile
| Classification: |
Restaurants |
| Purchase Price: | $500,000 |
| Real Estate Price: | $0 |
| Working Capital: | $0 |
| Total Investment: | $500,000 |
| Down Payment Required: | $250,000 |
| Gross Revenue: | $2,126,968 |
| Discretionary Earnings: | $248,271 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2016 |
| Monthly Rent: | $15,147 |
| Reason for Sale: | Retirement / health |
| Employees(Full): | 15 |
| Employees(P/T): | 1 |
Reason for Sale:
Retirement / health
Description:
This award-winning Japanese and Sushi restaurant located in highly sought after “inside the loop” location is available for acquisition. Voted Best of Best Restaurant winner in 2023 and finalist in 2021, 2022, and 2024. At this location since 2016, the contemporary Japanese interior décor welcomes patrons where they enjoy the highest quality food created from the freshest seasonal ingredients and an infinite spectrum of seafood from around the globe while providing the most impeccable service at a great value. The restaurant seats 118 inside and 20 on patio. Alcohol is about 13% of sales. Seller is mostly absentee and has top notch management team consisting of 2 Store Mgrs. and a Kitchen Mgr. that run day to day operations on site and do ordering. Grab this one before its gone! Seller financing available for a quallfied buyer.
Contact Marcia Bowron