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Business For Sale
FAMOUS KOREAN CUISINE RESTAURANT
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Asking Price: |
$1,000,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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1989 |
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# of Employees:
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12 Full/8 Part |
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Yearly Revenues:
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$1,070,573 |
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Yearly Cash Flow:
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$291,658 |
Business for Sale Overview:
Very successful Korean Restaurant with good reputation located in an affluent and densely populated residential and commercial area in Spring Branch. Customers enjoy excellent food, ample parking, easy access. This restaurant has a fully equipped kitchen, bar, large dining room and extra dining hall for banquets. The current owner/founder has been in the same location since 1989 and will train the new owner and furnish recipes. This is an excellent opportunity for a family owned business.
Property Features and Assets:
10,000 sq. ft. building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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