Japanese Restaurant For Sale – Sushi and Grill 001237

Japanese Restaurant For Sale! A Prime location Japanese restaurant near a well-known shopping mall is now available for acquisition. This business opened its door for business in early 2015, originally as a sushi buffet. Still, since the height of the pandemic and to battle the restrictions and alleviate patrons’ safety concerns and staff shortage issues, the ownership and the management changed the business model in April 2020 to full-service dine-in, which made the overall operation more efficient and profitable by significantly reducing unnecessary food waste and labor cost. Even before changing the business model, the customers have been loyal and enjoyed this restaurant's freshness and variety of options.
After changing to the current business model, the business has acquired a new set of customers by offering authentic Japanese cuisine, including ramen, rice bowls, poke bowls, and fresh sushi rolls made to order. In 2020, the monthly average net sales were $55,000, significantly growing to $83,000 per month in 2021. In 2022, the sales have grown to approximately $90,000 per month and are projected to hit $1,000,000 in annual sales. This business operates in a free-standing building, sharing a space with a well-known franchise food retailer and from across one of the busier malls in the city. This business's immediate vicinity comprises well-known nationwide restaurant chains, retail stores, and department stores, providing free and immense foot traffic from shoppers and commuters. Despite being surrounded by many other restaurants, one would assume it is disadvantageous from the competition standpoint. Still, no other sushi restaurants are in the immediate area, and they enjoy a competition-free operation.

Much of the customer base consists of affluent, upper-middle-class individuals that live in neighboring residential areas, hospitals, hotels, churches, and shoppers from the mall. The business runs autonomously, generating healthy revenue and cash flow without too much owner involvement. While many positive things have been mentioned, the new acquiring owner can push this business to its fullest potential through more internet marketing, online presence, door-to-door pamphlets, and promotional deals to neighboring businesses.

This business is operated as a fully owner-absentee by the management team that handles payroll, bookkeeping, and back-office-related duties, which an active owner could easily do to eliminate management fees. The existing management team is open to providing the same service with significantly fewer fees for the owner to operate the business as a completely absentee base. There is minimal staff in place, but they can still handle the volume and get the food out quickly without any delay and sacrificing food quality. The day-to-day operation is handled by three full-time, experienced cooks and four servers. This restaurant dishes out various authentic Japanese cuisine and more traditional and modern items ranging from authentic Japanese ramen, sashimi, rolls, rice bowls, bento boxes, and poke bowls and served with various alcoholic beverages.

*ASKING PRICE IS NEGOTIABLE FOR THIS JAPANESE RESTAURANT FOR SALE! THE OWNER IS WILLING TO ENTERTAIN OFFERS*