Businesses For Sale Network in California - Los Angeles/ Growing Monterey Park Japanese Rest w/Beer, Wine & Ideal Return on Investment!
BUYER CENTER
SELLER CENTER
BROKER CENTER
FRANCHISE CENTER
ABOUT US

HomeSearch Results > Listing View      Sell your business in California - Monterey Park
Click Here to Sign Up!

Listing View: Growing Monterey Park Japanese Rest w/Beer, Wine & Ideal Return on Investment! - Monterey Park, California


Growing Monterey Park Japanese Rest W/beer, Wine & Ideal Return On Investment!
Monterey Park, California

Offered at:
$195,000

Office Listing #   MPBeer
Revenue: $460,406 / year
Cash Flow: $122,063 / year
Lease Rent: $3,225 / month
Square Feet: 1,100

Save Listing to Favorites
Send  Listing to a Friend
 




 

 Listing Description

This Monterey Park Japanese restaurant with beer and wine offers its buyer a growing operation, a highly successful concept and an ideal return on investment that mitigates the buyer’s risk. The location offers convenient freeway access, which has helped the restaurant to quickly grow its loyal client base of patrons who travel from near and far. With an ideal lease rate on a secure long term lease, continued month over month revenue growth, an innovative and scale-able concept that not only draws clients to it but also that retains them while providing the restaurant a unique point of differentiation. This attractive offering price provides either an absentee owner or a working owner a timely return on investment, this fantastic opportunity will not last long! This 1,100 square foot facility with a parking lot leases for $3,325 per month on a lease valid until November 2013, with one 5 year option to renew. The sale comes with a beer and wine license that allows for service until 2 am, as well as all of the new restaurant’s furniture, fixtures and equipment paid off are included in the sale. Specific assets including seating and service for at least 28 patrons, 2 ADA approved restrooms, a dry storage area, a point of sale system, two salad prep tables, refrigerated preparation table, a three door fridge, three bucket sink, dishwasher, deep fryer, and a grill, stove and oven amongst other items. This restaurant is located in a fairly competitive market. That said, its unique food and beverage offering give it a unique point of differentiation that has set it apart from local competition and made it a favored destination for local residents as well as those regularly hailing from as far away West Los Angeles & Orange County. As the current operation is dinner only service 5 days a week, new owners may seek to offer daily service and a lunch offering. Of course, while the concept has already caught on solely based on word of mouth advertising, new management may seek to launch an aggressive ad campaign to further increase the business’s growth and attract new customers. Similarly, they may seek to capitalize on the concept’s proven track record and loyal client base by opening new locations.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   2008
Current Owner:   2008
# of Employees:   8
Seating:   28
Square Foot/Size:   1,100
License(s) Required:   Contact For Info
Reason For Sale:   Personal
     
Financial Information
Revenue:   $460,406 / year
Cash Flow:   $122,063 / year
Payroll:   Contact For Info
Lease Information
Lease Rent:   $3,225 / month
Lease Expiration:   Nov 2013
Lease Option:   1 - 5 Yr Opt
Listed by:   R Clark
 The Veld Group
Email: Email Seller
Phone:  (310) 652-8353
Website:  www.theveldgroup.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


Email the listing party by completing  the form below

 

Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
Read the full disclaimer before responding to any ad.