Japanese Restaurant for Sale in a prime Downtown Davis

Davis, CA
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Asking Price:$275,000
Gross Revenue:$700,000
Cash Flow:$180,000
Established Year:2022
BUSINESS DESCRIPTION

INVEST IN THE FUTURE. The omakase concept is the most popular restaurant concept in the U.S. right now and it will only get more profitable with time. We are selling our 5-star (on OpenTable, Google, and Yelp) traditional Japanese restaurant. We are currently only open for dinner service from Tuesday to Saturday between 5:00 p.m. to 9:00 p.m. This intimate, fine dining experience omakase restaurant is in a prime Downtown location in Davis. We share our building with the Hilton Garden Inn, a very high foot-traffic area.

Inventory includes the Beer and wine license and the small patio permit. We are normally booked out a month ahead for our weekend service. Our daughter is going to college in Southern California. So, we are also planning to move before her college. Our landlord is the best Landlord in town, and we have an excellent 8-plus years left on a very reasonable lease. The restaurant comes with a type 2 small kitchen hood. It is a turnkey restaurant and ready to make income/profit. The current owner can help/train you with the concept for up to 90 days. Suitable for a Handroll bar if you do not want to keep the Omakase concept. "THERE IS NO OTHER SPACE WITH A BETTER LEASE FOR THIS AMAZING LOCATION IN THIS AREA."

More information will be provided after proof of funding to serious buyers due to many inquires and offers. Thank you.


DETAILED INFORMATION
Location
Davis, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
01/12/2031
Employees
4
Facilities
We still have 8-year lease with reasonable lease included water and garbage. Restaurant is newly remodeled. Ready to make income/Profit. Restaurant has small patio permit and Beer & wine license.
Competition
Prime downtown located in front of the movie theater. We share our building with Hilton Garden Inn so we have a lot of guests visit from out of town. We offer reservations for our weekend service, and we always sold out every week.
Growth & Expansion
Our current concept is getting very popular in US and we do not have any other competition in 50 miles radius. Great opportunity to change a concept to Handroll bar or different chef tasting menu.
Financing
Down $250k
Support & Training
We can train a new owner with current concept or help new concept.
Reason for Selling
We are planning to move to San Diego in 2024.
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Sithu Tun
Sithu Tun