Price Reduced Distressed Business Sale–Uptown Sushi Restaurant

Undisclosed Address, New Mexico
Business Opportunity for Sale
Catylist Listing ID: 30622733
Property Subtypes: Food and Beverage
Building Size (RSF): 3,940 SF
Sale Price: $85,500
Year Business Established: 2006
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to owner
Last Updated: 9/23/2020

Overview / Comments

Price reduced! Offered for below replacement value of FFE. This restaurant space, located in Uptown, a major upscale shopping district in Albuquerque, provides a turnkey opportunity to run a sushi bar. It boasts a generous dining area with booths, tables and sushi bar, along with a light, airy beer and wine bar area. A private party area is available. The Walkability Index for the area is 82 and the restaurant draws from nearby office complexes, hotels and shopping areas. The business is being sold based on asset value.

For more information on the location of this business, please contact broker.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $116,500
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: See broker
Mgmt/Training Support Description: Owner willing to train. Most of trained staff available to stay after sale.

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