Upscale Japanese restaurant| prime location| owner semi absentee - Business for Sale
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Japanese Restaurant with Hibachi and Catering in Virginia Beach County, VA
VA, US
Added 4 months ago
Upscale Japanese Restaurant
18 years in business
Absentee / Semi-Absentee
Established Japanese restaurant in Virginia Beach County, VA offering full-service dining, hibachi, catering, and private event hosting since 2008.
Key Information
Asking
$995K
Revenue
$2.2M
Earnings
$649K
Multiple
1.5x
Key Highlights
- Established in 2008 with 18 years of continuous operation
- Located in Virginia Beach County, VA
- 250 indoor seats and 15 outdoor seats, three sushi bars, 10 hibachi stations, and private party hall
- FF&E valued at $450,000 and leasehold improvements of $350,000
- Owner is semi-absentee, operating one day weekly
- Customer base consists primarily of local residents with seasonal tourist influx
Contact Info
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