Price: $500,000
Location: Norcross, GA
Industry: Restaurant and Food
Listing ID: 06583
Listing Status: New
Discover a rare opportunity to own a stunning sushi and steak restaurant in one of Atlanta’s most dynamic and growing neighborhoods. Situated in the suburbs of Atlanta, this beautifully designed and fully operational space offers the perfect setting for a chef-owner operator or investor. No conversion is necessary—this restaurant is ready to impress!
Neighborhood: Thriving area with significant growth, surrounded by new developments, trendy shopping, and a robust mix of residential and commercial activity.
Concept
Cuisine: Japanese sushi and steak
Service: Open for lunch and dinner
Highlights
Revenue: Average revenue is $800K and has grown by 15% over the year.
Boasting intense foot traffic and a mix of vibrant young professionals and families.
Interior: Spanning 3,736 square feet with seating for 100+ guests, featuring a stylish and welcoming design.
Visibility: Prime placement in a busy shopping center with high traffic, ample visibility, and convenient parking.
Down Payment: N/A
Total Sales: $803,000
Cash Flow: $303,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $250,000
FFE Included: Yes
Inventory: N/A
Inventory Included: Yes
Year Established: 1996
Year of last Acquisition: 2022
Days & Hours of Operation: 7 days - Lunch and Dinner
Owner Hours Per Week: 20
Non-Owner Payroll: N/A
Employees: 7
Absentee Owner: Yes
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $11,000
Type of Location: Strip Mall
Square Footage: 3736
Franchise: No
Relocatable: Yes
Facilities Information: Interior: Spanning 3,736 square feet with seating for 100+ guests, featuring a stylish and welcoming design. Visibility: Prime placement in a busy shopping center with high traffic, ample visibility, and convenient parking. This is a golden opportunity to own an established and highly rated restaurant in a desirable area of Atlanta. Perfectly positioned for continued growth, this venture is ideal for anyone looking to step into a profitable and beautifully curated business. Don’t let this opportunity pass you by!
Reason For Sale: Far from home.
Training & Support: Owner will stay on for a month.
Competition: This is an established Japanese restaurant that has been in operation since 1996. It has cultivated a dedicated clientele that is attracted by its consistency and reputation. The restaurant’s prime location ensures a high volume of customer traffic. There is minimal competition in the area for this type of restaurant.
Potential Growth: There is plenty of opportunity to expand the market and increase the hours of operation.