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Japanese Steakhouse Sushi Hibachi Restaurant Multiple Locations
Well established over 20 years with a strong, loyal customer following serving Japanese Cuisine with some of the finest hibachi chefs. They also have a full sushi menu, noodles and a brisk take-out customer base. This is the go-to restaurant for parties with great table cooking entertainment along with yummy food. They are usually fully booked!
There are three separate restaurant locations, each between 5,000 to 10,000 SF with long term managers in place employing nearly 90 full time and part time employees. Their projected revenue for 2023 is expected to grow by 10 percent over the previous year. Managers are expected to stay on.
The real estate of one of the locations is for sale along with the business.
They are open for both lunch and dinner with all three locations having full liquor licenses. There is no competition for similar a dining experience in the areas they serve. Popularity of Japanese steakhouse has become a cultural phenomenon and all three locations are ready for the next enthusiastic restaurateur!
Listed By: Omar Kettani
There are three separate restaurant locations, each between 5,000 to 10,000 SF with long term managers in place employing nearly 90 full time and part time employees. Their projected revenue for 2023 is expected to grow by 10 percent over the previous year. Managers are expected to stay on.
The real estate of one of the locations is for sale along with the business.
They are open for both lunch and dinner with all three locations having full liquor licenses. There is no competition for similar a dining experience in the areas they serve. Popularity of Japanese steakhouse has become a cultural phenomenon and all three locations are ready for the next enthusiastic restaurateur!
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2003
Reason selling:
Retirement
Finance
Sales:
$8,100,000
EBITDA:
$1,200,000
Operations
Employees:
90
Equipment:
Included in asking price $250,000
Inventory:
Not included in asking price
Premises
Facility:
Fully equipped with hibachi tables, private party rooms, kitchens, storage areas, and liquor licenses
Price and terms
Price:
$2,200,000
Financing:
TBD
Training:
Will provide with managers to stay after sale