Well-Established Japanese Restaurant for Sale Downtown Annapolis
Prime Location | 20+ Year Reputation | Proven Profitability | Affordable Price
Own a thriving Japanese restaurant in the heart of downtown Annapolis a business with over two decades of loyal clientele, consistent revenue, and tremendous potential for growth.
Business Highlights:
2024 Revenue (on paper): $1.15M
Upto June 2025 Revenue: Already over $600K
Size: 2,200+ sq. ft. dining space + 2-table outdoor seating
Lease: Through Feb. 2025 (4.5 years remaining) with 3% annual increase + 5-year option
Equipment Upgrades:
New HVAC (2024)
New Ice Maker (May 2024)
All major appliances within the last 6 years
Walk-in cooler only 2 years old
Affordable asking price for a business of this size and revenue level
Growth Potential:
Increase menu prices to match market rates
Expand catering, takeout, and delivery services
Enhance marketing to attract new customers and capitalize on tourist traffic
Potential to grow annual revenue significantly with minimal capital investment
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $350,000 | $∞ | Samson Properties |
Year | Annual Amount | Description |
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$0 |
Elementary School Annapolis Elementary | 0.2 miles away | PK - 05 | |
Middle School J. Albert Adams Academy | 0.6 miles away | 06 - 08 | |
Elementary School Eastport Elementary | 0.7 miles away | PK - 05 |