Innovative and FAST Casual Sushi Restaurant
Innovative and FAST Casual Sushi Restaurant
Delicious limited service sushi eatery, providing fast Asian Fusion food, with an emphasis on fresh ingredients. Features several seated tables, sushi counter and self- serve drink station. Located along high traffic road in a strip mall in a fast growing area. Opened in December 2015 by an experienced restauranteur who was interested in experimenting with a new Asian food concept. This exclusive sushi concept simplifies sushi preparation, so that staff with limited skills can be easily trained to make and serve all menu items. In addition to standard sushi rolls made with fish, there are other options that include chicken or beef, vegetarian selections, and the creative use of in-season and fresh ingredients. The restaurant concept is to provide a less expensive way for families to get their “sushi fix” without compromising on quality.
Location
Country: | USA |
State or Province: | UT |
City: | Salt Lake County |
Location Zip or Postal Code: | 84100 |
Listing Information
Service Type: | Counter Service/Fast Casual |
Title of Listing: | Innovative and FAST Casual Sushi Restaurant |
Year Established: | 2015 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1,300, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | 11:00 am – 9:00 pm Monday – Saturday and 12:00 noon – 8:00 pm Sundays |
Growth or Expansion Opportunities: | Growth will come from expanding advertising and social media outreach, as well as increasing the number of menu items available, and adding catering for local businesses. |
Reason for Selling: | Pursue new opportunity |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Links
Website: | https://www.tworld.com/utahcounty/listings/innovative-and-fast-casual-sushi-restaurant/ |
Financial Details
Asking Price: | $90,000 |
Gross Revenue: | $275,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $22,934 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | $13,500 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $1,800 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 34 months |
Total Monthly Rent: | $2,200 |
Financial Comments (include any Financing information that may be useful): | Sales have grown consistently since opening, with year over year sales having increased nearly 10% since opening. Monthly sales have consistently been at least $20,000. There is definite potential for additional sales growth through adding menu items as well as through additional advertising. |
Contact Listing Owner
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