Asian Fusion - BBQ - Beer & Wine - Can Convert

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$99,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Asian Fusion - BBQ - Beer & Wine - Can Convert Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $99,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 12
BBN Listing #: 595655232
Broker Reference #: 4905 DK

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Business Overview:

Listing # - 4905 DK

-Asian, BBQ, Beer & Wine Restaurant.
-Good Yelp Reviews.
-2019 Net Sales - $460K (est.)
-1800 SF with Low Rent ($3200/mo).
-Perfect for Sushi or Ramen
-Two Bathrooms
-Ample Storage and good sized office/dry storage area.
-Projected $400k+ for 2020 even after Covid-19
-10 Tap Draft System hooked up to walk in.

This place offers proven sales with wings / hamburgers / asian fusion concept.

The absentee owner is running the business remotely with all help run (12 employees).

This will be an asset sale without trade name, goodwill, or with recipes as owner has multiple store locations with the existing trade name.

New owner can keep the same concept or try a different one.

The location speaks the volume and has proven sales track record.

Currently operating with less than full business hours (yes $460k sales as-is).

Full kitchen with TYPE 41 ABC license (Beer & Wine).

Many possibilities for the next owner.

Monthly expenses (approx): Elec-$600, Gas-$250, Phone/Internet-$250, Biz Ins-$300, Alarm-$65, Water-$150.
30% COG

This will be sold fast so please act now.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other Business.

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.

Documents:

Relevant Links:

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