Japanese Restaurant w/ Sushi Bar

Downtown Pensacola

COMPANY OVERVIEW

Located in downtown Pensacola, this Japanese restaurant with sushi bar has been in business for 14 years. It offers a full-sushi menu plus traditional Japanese items with wine & beer. The business offers….
– 90% seller financing (10% down)
– longevity
– loyal customer base
– open air kitchen with sushi bar
– nicely decorated
An unusual opportunity to own your own turnkey restaurant in downtown Pensacola at a low entry price. This restaurant would not be for sale at this price if it were not for seller having to relocate.

GENERAL INFORMATION

Year Established:
2002
Facilities:

The business occupies 1,100 sq. ft. in historic downtown Pensacola. It is in good condition with no updating or repairs required. It has a galley kitchen, sushi bar that seats 10 plus tables for 2, 4 or more guests in a nicely decorated interior.

MARKET OUTLOOK

Competition:

Like all restaurants it has competition.

Growth Expansion:

Downtown Pensacola is one of the fastest growing cities in the southeast.

ABOUT THE SALE

Financing:

Seller will finance 90% of purchase price to a qualified buyer

Training:

Seller will provide two weeks training at no charge

Reason for Selling:

Seller has to moving out of the area due to family issues. This business would not be for sale if owner did not have to move.

FINANCIAL SUMMARY

Asking Prince:
$10,900 (best offer)
Revenue:
$114,000
Cash Flow:
$26,550
Real Estate:
Long-term lease
FF and E:
$4,000 (included in sale)
Inventory:
$750 (included in sale)