SBA Pre-qualified! Sushi Restaurant in Costa Mesa - Business for Sale
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Sushi Restaurant with Beer & Wine License in Costa Mesa, CA
Costa Mesa, CA, US
Added 4 months ago
Sushi Restaurant
27 years in business
Retiring Owner
Japanese sushi restaurant with a Type 41 beer and wine license located in Costa Mesa, California, established in 1999 and operating from a 994 sq ft space with seating for 40.
Key Information
Asking
$540K
Revenue
$881K
Earnings
$220K
Multiple
2.5x
Key Highlights
- Business established in 1999 (27 years in operation)
- 994 sq ft restaurant with seating capacity for 40 (30 indoor tables, 10 sushi bar)
- Base rent: $4,816/month; CAM: $1,583/month; lease term until 09/30/2027 with negotiable option
- Type 41 beer and wine license included
- Debt Service Coverage Ratio (DSCR): 2.78
- Annual rent increases by 3%
- Reason for selling: Retirement
Contact Info
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