Listing Details - Sushi Bar & Restaurant (SALE PENDING)

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Sushi Bar & Restaurant (SALE PENDING) (Restaurants, Asian Restaurants)

- Massachusetts, Worcester

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: 74781
Status: Active

Listing Details

Listed Price: $235,000
Down Payment: $90,000
Total Sales: $750,000
SDE:
EBIT:
EBITDA: $167,630
FFE: $50,000 Included? Yes
Real Estate: Included?
Inventory: $18,000 Included? No
A/R: Included?
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Contact Information
BayState Business Brokers
61 North Beacon Street, Suite 203
Boston Massachusetts 02135
Office: 617-562-5700
Fax: 617-562-5701
Email: info@mabusinessbrokers.com
www.mabusinessbrokers.com
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Reason for Sale: Demands of second restaurant
Training: Seller agrees to aid in a smooth transition.
Financing Terms: Seller will finance a qualified buyer.

Operations

Year Established: 2006
Last Acquired: 2006
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location:
Absentee Owner: No
Online:
Employees: Full Time: 2 / Part Time: 11
Managers:
Hours: M-TH 11am-10pm, F-Sat 11am-11pm, Closed Sun
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent: $3,000
Square Footage: 2900
Facilities:

Summary

Business Description: SALE PENDING - Don’t miss this unique opportunity to have your own stylish turn-key Sushi / Wine Bar & Grill in central MA. This established and prime restaurant space is in an up & coming area. Very nice dining room seats over 60 with a combination of private booths and tables with window views. The custom bar is long with an open sushi kitchen design at one end. This is a modern 78 seat restaurant waiting for the right working owner/chef to take it to a next level of success. The mainly absentee owner will finance a qualified buyer.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: