Description
For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included.
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School Ratings & Info
Description
For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included.
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