Sushi Restaurant

Hoboken, NJ Restaurant for sale:

Sushi Restaurant


Premier sushi restaurant in a premier location. It is established and recognized as one of the top and has been successfully operating for 16 years with tremendous upside potential. It’s location offers excellent foot traffic and the existing lease provides seven years of protection at a rate of 30% below market.



Location

Country:

USA

State or Province:

NJ

City:

Hoboken

Location Zip or Postal Code:

7030

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Sushi Restaurant

Year Established:

2003

Number of Locations:

1

Number of Seats:

Less than 50

Size:

2300 square feet, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

11-11 everyday

Growth or Expansion Opportunities:

Excellent due to community, location and access to NYC

Reason for Selling:

Getting married and moving out of U.S

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Financial Details

Asking Price:

$220,000

Gross Revenue:

$700,000+

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

7 years

Total Monthly Rent:

$5,3000

Financial Comments (include any Financing information that may be useful):

The lease offer is seven years of protection at a 30% discount to market.

Contact Listing Owner