Price: $596,000
Location: Forsyth, GA
Industry: Sushi and Japanese Restaurants
Listing ID: 06591
Listing Status: New
Located in Cumming, GA, this restaurant, which has been in the community for seventeen years, is a well-established dining destination celebrated for its exquisite Japanese cuisine and welcoming atmosphere. This vibrant restaurant combines unique hibachi shows and the artistry of sushi with the bold flavors of premium steak, offering an exceptional culinary experience that attracts a loyal clientele.
With a prime location and high visibility, it benefits from steady foot traffic and a thriving local community. The modern yet inviting interior provides the perfect ambiance for everything from intimate dinners to family celebrations and business lunches.
Whether you're a seasoned restaurateur or an entrepreneur looking to invest in a proven concept, this restaurant represents an outstanding opportunity to own a gem in Cumming's dining scene.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $285,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Inventory Included: Yes
Year Established: 2007
Year of last Acquisition: 2015
Days & Hours of Operation: Monday - Thursday: 12 - 2:30 PM, 4:30 - 9:00 PM Friday - Saturday: 12 - 2:30 PM, 4:30 - 10:00 PM Sunday: 12 - 2:30 PM, 4:30 - 9:00 PM
Non-Owner Payroll: N/A
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Square Footage: 5475 SF
Franchise: No
Relocatable: No
Facilities Information: A fully equipped kitchen paired with a sophisticated dining area, boasting ten state-of-the-art hibachi stations, a dedicated sushi preparation station for culinary artistry, and a sleek full-service bar designed for ultimate indulgence.
Reason For Sale: Changing career
Training & Support: The owner will provide one month of comprehensive training specifically designed for the operations of a Japanese restaurant. This training will cover food preparation techniques, customer service, maintaining cleanliness and hygiene standards, and effective team management. It aims to ensure a smooth transition for the new owner by equipping them with the necessary knowledge and skills to uphold the restaurant's reputation for exceptional service and outstanding cuisine.
Historical Summary: This restaurant, with over 15 years of history and having experienced one ownership change, offers a wide range of services, including catering for events such as birthdays, office gatherings, and other special occasions. Additionally, they host exclusive tasting dinners featuring various wines and spirits paired with unique menu items. In December 2020, this restaurant demonstrated its commitment to community support by providing meals to the intensive care unit at Northside Hospital Cumming during the COVID-19 pandemic. This establishment has earned numerous positive reviews for its exceptional food quality and customer service. One notable review praised it as "one of my favorite 'treat' restaurants in the north Atlanta area," highlighting its outstanding cuisine and accommodating management
Competition: Situated in a prime, high-traffic destination area, this restaurant stands out with its unbeatable location and lack of direct competition, ensuring maximum visibility and accessibility for patrons.
Potential Growth: Diversifying Revenue Streams
Catering Services: Expand into catering for weddings, corporate events, and private parties with customizable sushi and hibachi menus.
Private Hibachi Experiences: Offer private dining packages where groups can reserve hibachi stations for exclusive events.
Gift Cards: Promote gift cards during holidays and special occasions as an easy way for loyal customers to share the Ichiban experience with others.
Community Engagement
Local Partnerships: Partner with schools, community centers, and local businesses for event sponsorships or special promotions.
Events and Fundraisers: Host or participate in local events like food festivals or charity fundraisers to build goodwill and brand awareness.
Loyalty to Local Customers: Offer "locals-only" deals or discounts during slower periods to foster community loyalty.