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Authentic Japanese / Oriental Restaurant

Montgomery County, Maryland

Asking Price: Gross: Cash Flow:
$185,000 $449,200 $94,700

Furniture and Fixtures Value:
$120,000 (included in the asking price)

Inventory Value:
$2,000 ( not included in the asking price)

Business Summary:
Spacious, delightful, authentically decorated and very clean restaurant featuring authentic Japanese foods. Features conventional table and traditional Japanese seating. Keep the current menu or easily convert because of the versatility of the equipment and the space available in the kitchen. Perfect for a first-time or established restaurateur. Has full Beer & Wine license.

 
   
   
Year Business was Established: 1998
   
Number of Employees: 3 FT / 2 PT  
   
Facilities / Terms of Lease: Restaurant rents 3,000 sq. ft. for $6,000 (incl. CAM) per month (approx. $20/ sq. ft.) along one of Montgomery County's busiest roads. Lease expires Sept. 2009 with one - 10 year option. Restaurant can seat up to 100 customers inside. Hours are as follows: Mon - Fri: 11:30 AM 2:30 PM & 4:30 PM 10:00 PM, Sat: 12 PM 3:00 PM & 5:00 pm 9:00 PM, Sun: 5:00 PM 9:00 PM.  
   
Potential Growth/Expansion: Owner has not advertised / promoted businesss at at all, so there are great growth possibilities. Plenty of square feet inside to accommodate additional customers.  
   
Competition: Really none as this is an authentic Japanese / Sushi restaurant. Of course there are other restaurants in the area, but none serving this type of cuisine.  
   
Owner willing to finance: Owner prefers cash.  
   
Owner willing to train: Owner willing to provide training.  
   
Reason for selling: Retirement & Relocation  
 

 

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