2477 Forest Avenue, #100

Chico, CA 95928

PRICE REDUCED

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-$200,000 (-50.00%)

$200,000

List Price

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Property Description

Business Opportunity: Japanese Steakhouse in Prime Chico Location !!!Welcome to an exceptional business opportunity in the heart of Chico, CA! This Japanese steakhouse, known as Ojiya, is now available for sale as the owner is retiring. Situated in one of the best locations in town, this fabulous restaurant has been a cornerstone of the community for 16 years, providing outstanding service and delicious cuisine to its patrons. Strategically located in Chico, CA, this restaurant enjoys high visibility and accessibility, making it a favorite dining destination for locals and visitors alike. With a seating capacity of 188, including 2 private party rooms each equipped with hibachi stations seating 12 guests, and 8 hibachi stations in the main dining room, the restaurant offers versatility in accommodating various group sizes and events. The menu boasts an incredible selection of fresh fish, sushi, and Japanese steakhouse favorites, ensuring a delightful dining experience for every palate. The owner has invested over $780,000 in infill, creating a welcoming ambiance with 3 large dining rooms, a sushi counter, a wet bar, and regular updates such as new furniture, artwork, and accent walls. With 6 full-time and 8 part-time employees, the restaurant operates smoothly, providing excellent service to its customers. The business benefits from an easy lease agreement renewed every 5 years, including triple net, providing stability and ease of operation for the new owner. The restaurant offers over 40 parking spaces, ensuring convenient access for customers. This is a pride of ownership restaurant, meticulously maintained and updated year after year. Don't miss this opportunity to own a successful Japanese steakhouse in a prime location with a loyal customer base and tremendous growth potential. Take the reins and continue the legacy of excellence at Ojiya!

Listing Information

List Price $200,000
Status Active
MLS SN24114063
Type Business
Year Built 2008
Lot Size 51,401
Structure Size N/A
DOM 134
Courtesy Of Porchlight Real Estate Brokers
Listing Agent Sima Saboury DRE#01792124

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Sima Saboury, Porchlight Real Estate Brokers . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.