Asset Sale of Japanese Restaurant in West Houston. Must Go!

Listing Number: 76931-836528

Description

The Japanese buffet restaurant is in a prime west Houston location with anchored supermarkets nearby area. Location is also recognized for its dense flow of people, transportation, and is adjacent to a high-income residential area.

The restaurant specializes in all-you-can-eat Japanese food, offering sushi and teppanyaki Japanese food. The restaurant occupies an area of 4,500 square feet with a capacity for 70-100 people, with options for semi-private large party dining. The restaurant is well-equipped with all certificates and includes a staff of 4 employees. FF&E, inventory and leasehold improvements are valued at approximately $90K in total assets included in the sale.

The owner has a severe health issue forcing sale. 2021 reported revenue of $458,577—excellent opportunity for an owner-operator with restaurant experience or a new entrepreneur.

Note: $5,000 of lease transferring fee required by the landlord is not included in business price of $20,000.

Listing Details

• Price: $ 20,000
• Down Payment: $20,000
• Sellers Discretionary Earnings: $ 21,019
• Total Sales: $ 458,577
• Location: Harris County, Texas


• Inventory: $ 3,000
• FF&E: $ 30,000
• Employees: 4
• Year Established: 2020
• Reason for Selling: A severe health issue forcing sale
• Category: Restaurants