Property Description

For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction – $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included.

Features
: Central Forced Air Elec
: On Street
Address Map
US
CA
SD
Mission Hills
92103
University Ave
530
W118° 50' 24.1''
N32° 44' 54.5''
Metro Uptown
Additional Info
American Real Estate Group
Additional Information
Food Service
: Neighborhood Shopping Ctr, Strip Center
Listing Information
625166
66603
ACTIVE
2024-08-21T03:09:10Z
sdmls
: Call Agent

Business Opportunity

530 University Ave, Mission Hills Ca 92103

$249,000
Listing ID #240019728
Basic Details
Property Type : Business Opportunity
Listing Type : For Sale
Listing ID : 240019728
Price : $249,000
Status : Active
Property Sub Type : Business
Contact Agent
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