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For Sale: Japanese Restaurant - Family Run, Traditional - Alameda County, California

$198,000.00

Asking Price

  • Status: Active

  • Posting ID: 283473

  • 1/20/24

Alameda County Japanese Restaurant - Family Run, Traditional Business For Sale

Description

This traditional, family-run, Japanese restaurant is now for sale. The restaurant has operated for decades and is beloved and supported by the community. There is extensive goodwill that would transfer with this sale to a new owner. 


The building is located in a busy Eastbay community growing fast, with many new modern housing projects and downtown improvements in the works now. Ideally located between 185 and 238 (Foothill Blvd) in this diverse Eastbay city.  The blocks are clean and safe and attract a lot of families and dining guests each evening.  There is a public parking lot next door to the restaurant for the convenience of their patrons. 


The current owners will be the landlord for any new incoming tenants. Having a landlord who understands restaurants and the existing restaurant space is a huge bonus for any new tenant.  For the right tenant, they will offer a good lease term with option(s), at a monthly rate of $9500+NNNs each month for this ~4,400sf space, that has ~3,800sf inside and a potential patio area of another ~700sf, if a new tenant wanted to convert it.  


The restaurant has a traditional Japanese look and layout and boasts a wonderful sake menu, with a sake line created exclusively for this location.  There is ample kitchen space with a large office, multiple dry storage areas, and attic space.  Please reach out for a full equipment list. 


There is an entryway host area, waiting area, spacious dining room with an elevated dining section, as well as a classic sushi bar with seating and a private dining room for roughly 12 guests. 


There is so much room to expand hours and increase volume as the current owners own the building, thus operating limited hours.  Tap into this opportunity of extensive Goodwill and bring your own ideas and upgrades to this wonderful and classic Japanese restaurant.


Financial Information:

Monthly Revenue: $65,981 

Monthly Cash Flow: Contact For Info 

Annual Revenue: $791,799 

Annual Cash Flow: Contact For Info 


General Info:

Ownership: Corporation

Established: 1997

Current Owner: 1997 

Employees: 6-8 

Reason For Sale: Retirement 

Monthly Rent: $9,500 + NNNs (estimated 2.50sf) 

Expiration: New Lease Available


Facilities:

Square Feet:  Inside ~3,800sf, possible patio can be created ~700sf

Seating: 80+ 

Parking: Public Parking Lot next door + easy street parking  

Licenses: Type 41 ABC Beer & Wine, Health, Business 

Days/Hours of Operation: Up To Tenant 

RRC#  4644

Location: Alameda County 

To get more information about this Japanese Restaurant - Family Run, Traditional business for sale in Alameda County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283473 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Japanese Restaurant - Family Run, Traditional, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.

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Contact

  1. Name: Steve Zimmerman
  2. phone iconPhone: 888-995-9701
  3. phone iconPhone: --

Details

  1. Asking Price: $198,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $791,799.00

  1. Area: Alameda County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Steve Zimmerman Below About This Posting


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