Profitable Sushi Restaurant for Sale in Manhattan - SIX FIGURE EARNINGS

Profitable Upscale Sushi Restaurant for Sale in Desirable East Village Location! 1100 Sq Ft. location in one of the best areas of Manhattan!
Price Reduced by $200,000.


Established in 2012, this upscale Sushi Restaurant for Sale located in the East Village in Manhattan has been serving some of the best Sushi in the area for four years.  Customers rave about the freshness, value and best of all....amazing taste and flavor of the food. Now you would think the lease on an 1100 sqft restaurant with basement located is one of the best areas of Manhattan would be close to $15,000 per month, but the lease on this profitable Sushi Restaurant for Sale is below $10,000 all in! That equates to around 7% of sales which is one of the many reasons this Sushi Restaurant for Sale is a real money-maker.

Sales have increased every year since this Sushi restaurant for Sale by the Restaurant Brokers opened back in 2012.  Annual 2015 sales exceeded $1.3 Million and 2016 sales are tracking even better.  But you don't take sales to the bank....you take cash flow and owner benefit and this restaurant has both!  The owner realized over $350,000 in total owner discretionary income that was with the restaurant being open for dinner five days per week.  Think of the potential if the new owner opened six...or seven days a week and also opened for lunch. One other noteworthy item to mention is that 2016 total owner benefit at this Sushi Restaurant for Sale will grow by another $100,000 due to a much low cost of goods expense.  2016 cost of goods is trending down seven points which means more cash flow to the bottom line!

And to save the best for last, in addition to being SBA qualified, under the right circumstances, the owner would consider financing himself!!

For more information on this profitable Sushi Restaurant for Sale, be sure to register electronically and sign the online Confidentiality Agreement by clicking the link below.  Please feel free to contact your Certified Restaurant Broker, Steve Weinbaum at steve@wesellrestaurants.com or call 770-714-4552.

Listing

  • Listing#: 5036
  • Price: $950,000
  • Location: New York
Lease Term: 15 year lease - 11+ years remaining
Monthly Rent: $9,106
Indoor Seating: 36
Inside Sq. Ft: 1100 sq ft plus full basement
Hood System: Yes
Hours Open: Tuesday - Saturday 6:00PM - 1:00AM
# of Part-Time Employees: 3
# of Full-Time Employees: 7
Net Sales: $1,345,784
Owner Benefit: $480,727

Features

  • Profitable Sushi Restaurant for Sale in New Your City
  • Located in the East Villiage
  • Incredible lease with 10+ years remaining
  • Add sales and volume
  • add reputation
  • Sushi Restaurant for Sale

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