Business Details

Japanese BBQ Restaurant

Location : Orange County

Type of Business : Japanese BBQ Restaurant

Asking Price: $380,000
Inventory: $15,000

Gross Sales: $1,800,000

Summary of Business

Japanese-influenced Steak Restaurant, meticulously remodeled and updated in 2021, offers an enchanting and immersive dining experience reminiscent of Benihana. Guests are treated to table-side culinary performances as chefs prepare a array of Japanese classics. Operating exclusively for dinner in an affluent area, this restaurant has cultivated a sterling reputation over a remarkable 30-year history, boasting an exceptionally loyal following. Remarkably, the owner has achieved this success without any marketing efforts and, at its peak, the restaurant boasted monthly sales exceeding $200,000. 
Furthermore, the owner adopts a semi-absentee role, thanks to a dedicated team of seasoned employees, some with over two decades of experience. This staff can manage operations when the owner is away on vacation. 
A great set up with an ideal layout and equipment, kitchen is expertly designed to accommodate high volumes, featuring two walk-in coolers and a convenient back entrance for deliveries. This exceptional business presents an enticing opportunity for experienced restaurateurs.

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Other Details

Reason for Sale: Owner is looking to retire.

Income

Gross Yearly Sales: $1,800,000
Adjusted Yearly Net Profit: $See P&L

Rent

Total Rent: $15,725
NNN: $4,141
Length of Lease: Length of Lease: 12/31/27
Options: 0
Sq. Ft: 3,750
Occupancy: 88

Employees

Number of Employees: 25
Full time: 10
Part time: 15
Hours of Operation: 4:00 PM - 9:00 PM Payroll: $40,460

Expenses

Insurance: $2,259 per year
Gas: $332
Electric: $3,707
Water: $included in electric
Phone: $301
Trash: $included in NNN
Internet and TV: $ included in phone
Cost of Goods: $55,000

Additional Details

Year Established: 1987


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