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Japanese/Asian Restaurant

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$60,000 $231,000 $24,560

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Japanese restaurant with newly installed sushi bar with seating. Serves hibachi. Large and fully equipped kitchen which is suitable for other Asian cooking styles including Indian, Thai, and Chinese. Recently updated with lighting and décor, providing a warm appealing atmosphere. Located in a strip mall on a busy main highway close to both commercial and residential areas. Seating capacity for 56. Price includes equipment and fixtures valued at $100,000 making this a great buy. Owner selling due to health reasons. Highly motivated and will consider all reasonable offers. Financials based on 2009 actual results. For further information, please contact Paul Holveck at 908-851-9040 Ext. 277.

 
   
   
Year Business was Established: 2008
   
Number of Employees: 1FT/1PT  
   
Facilities / Terms of Lease: 2,000 sq. ft. restaurant recently renovated; located in strip mall center with ample parking, 5 year lease with no options  
   
Owner willing to train: Two weeks of on site training during the transition  
   
Reason for selling: health reasons  
 

 

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