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  • RE:  Authentic Korean Restaurant Across From School
  • Contact:  Edward Smith
  • License #: BS.0038345.PC

Quick Facts

Asking Price: $159,000
Annual Revenue: $458,305
Net Profit: $57,685
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 2
BBN Listing #: 943159
Broker Reference #: 101-23093

Email or Print Listing

Business Overview:

Delicious food! Excellent 5-star online reviews! End-cap location in Walmart Neighborhood Market anchored shopping center has ample parking and good visibility on major busy street. Seller states landlord may be willing to consider other possible concepts such as: hot chicken, burgers, wings, pizza, Mediterranean, Greek, Mexican, tacos, vegan, coffee, boba, breakfast, Thai, Vietnamese, pho, sushi, etc. Subs and noodles are NOT allowed. Family run business. Seller does not have formal P&Ls available.  Sales records verified by POS. Gross Sales & Total Income are actual 2023 from tax return with add backs. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email edsmith@fcbb.com.

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Property Features and Assets:

This is a leased location of 2,405 square feet with a Total monthly rent of $9,262. Lease ends 9/2031 with Two 5-year options. Seller is active with 1 Full Time employee and 1 independent contractors. Hours of operation are 10am – 10pm Monday to Sunday. $10,000 in inventory and $250,000 in FF&E included in the asking Price. $150,000 made in leasehold improvements. Other Assets include great location on busy street across from school campus.

Reason for Selling:

Retirement

Additional Details:

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

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