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Business For Sale

Korean BBQ. Upscale Koreatown Location

Koreatown - Los Angeles, CA

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$720,000
Not Disclosed
$120,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
7
280530609
Owner Financing is Available!
Owner will carry. Submit your best proposal.

Business Overview:

Located on the busiest street in Koreatown. Beautiful Korean BBQ restaurant with high ceilings to give it a nice open feel. Special tables imported from Korea with individual venting. Very attractive. You really need to go inside. Big customer parking lot in the back. Only open from 6 PM-2 AM. Totally help run. An owner/operator can also offer a smaller lunch menu and do much better than this owner. Established restaurant for 9 years. The menu is appropriate for the Korean community as well as the non Korean community. Hard to find a restaurant of this quality available for sale. Please contact seller broker, Steve, 310/391-7469 for a private tour inside. Lic. # 00701006.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Approx. 3,350 sq. ft. Seats 100. Lease has 3 years + a 3 year option. Rent & NNN is $7,900/month. Fully equipped with everything you need. Beer & wine(41) license included. Seller will train you to run the business for 2 weeks at no additional charge.

Market Competition and Expansion:

Growth and Expansion: Open for dinner only. If you open lunch also, watch your income increase. The restaurant is big enough that you can make good money, but not too big that it is difficult to manage.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: