For Sale
$245,000

703 Ace Memorial Dr Hockessin, DE 19707

Established Japanese Restaurant, Delaware. Great potential!

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This thriving Japanese restaurant, located at 703 Ace Memorial Drive in Hockessin, Delaware (zip code 19707), presents a unique investment opportunity. The 2,880 square foot space is offered at $245,000 ($85.07 per square foot). This turnkey operation boasts a successful 25+ year history and has earned the prestigious "Best of Delaware" award multiple times. All furniture, fixtures, kitchen appliances, and equipment are included in the sale. The current monthly rent is $6,867, which encompasses all common area maintenance and taxes. The restaurant benefits from a lack of direct sushi competition in the immediate area, while other dining options exist nearby. A transferable liquor license is available to a qualified buyer. Opportunities for growth include expanding hours, adding catering services, implementing a happy hour, and introducing delivery and special promotions. To ensure a smooth transition, the sellers are committed to providing training to the new owner for two weeks following the settlement. This is an exceptional chance to own a well-established, profitable business with significant upside potential.

Highlights

  • 2,880 SF turnkey Japanese restaurant; includes all FF&E; $245,000 asking price ($85.07/SF); $6,867/month rent (CAM & taxes included).
  • No direct sushi competition; other restaurants nearby.
  • Growth potential: expand hours, add catering, happy hour, delivery, and specials.
  • Seller-provided two-week training post-closing.

Property Details for 703 Ace Memorial Dr

Property type
Retail properties, Restaurants
Square Feet
2,880 SF

Location Insight

City
Hockessin
County
New Castle
State
Delaware
Latitude
39.793567743844
Longitude
-75.70927013114

FAQs

What type of property is this?
Retail property - Established Japanese Restaurant, Delaware. Great potential!
Where is the retail property located?
The property is located at 703 Ace Memorial Dr Hockessin, DE.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 2,880 SF turnkey Japanese restaurant; includes all FF&E; $245,000 asking price ($85.07/SF); $6,867/month rent (CAM & taxes included).; No direct sushi competition; other restaurants nearby.; Growth potential: expand hours, add catering, happy hour, delivery, and specials.
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703 Ace Memorial Dr
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