Great Opportunity to own a Popular Japanese Restaurant

Phoenix, AZ
Asking Price:$200,000
Gross Revenue:$360,000
FF&E:$100,000
Cash Flow:$120,000
Rent:$3,850/Month
Established Year:2015
BUSINESS DESCRIPTION

Great Potential Power for Significant Growth

Beautiful Japanese restaurant with cozy and warm atmosphere! It has a good reputation and 5 star-reviews on Google and Yelp. All the food and Sushi are so delicious and tasty. It is a very clean and well-organized restaurant with two spacious restrooms. It has 8-12 tables with sushi bar. It can accommodate max. 48 people. It has very stable income and good cash flow. They have a lot of long time customers. It has a large kitchen space with updated equipment. new Sushi display refrigerator, new ice machine, extra refrigerator, walk-in cooler and freezer. It has everything necessary for cooking. There is a unused Teppanyaki griddle. They installed new A/C units in 2024. A new POS system was installed in October, 2022. It is a hidden gem shining at night. It also has big potential power for significant growth. It is currently run by the owner's family. Sunday is closed. They don't have a website and online ordering system. They also don't use app-based delivery service such as Uber Eats, Grubhub, Doordash, etc. On the top of it, there was no active marketing activities or advertisement. Therefore, it is a great opportunity for a new owner in many ways. Don't lose a good opportunity to take a hidden gem and call Today!


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,650
Lease Expiration
31/08/2028
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
It has 8-12 tables with sushi bar. It can accommodate max. 48 people. It has a large kitchen space with updated equipment. new Sushi display refrigerator, new ice machine, extra refrigerator, walk-in cooler and freezer. It has everything necessary for cooking. There is a unused Teppanyaki griddle. They installed new A/C units in 2024. A new POS system was installed in October, 2022
Competition
There is direct competition in the neighborhood. It is well established business for more than 9 years, so they have a lot of long time customers.
Growth & Expansion
It has big potential power for significant growth. It is currently run by the owner's family. Sunday is closed. They don't have a website and online ordering system. They also don't use app-based delivery service such as Uber Eats, Grubhub, Doordash, etc. On the top of it, there was no active marketing activities or advertisement. Therefore, it is a great opportunity for a new owner in many ways.
Support & Training
2 weeks' training is available, but the owner is flexible and wants to help a new buyer.
Reason for Selling
Owner will be retired
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Joseph Chung
Joseph Chung