Business For Sale

Korean Restaurant

Montgomery County, AL


Asking Price: Annual Revenue:
$280,000 $675,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Korean Restaurant Broker: Jim Boyd

Quick Facts

Asking Price: $280,000
Annual Revenue: $675,000
Net Profit: Not Disclosed
Cash Flow: $164,450
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 8
BBN Listing #: 62344447
Broker Reference #: 18102 Boyd

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Business Overview:

City's Best Korean Restaurant For Sale. Here is your chance to own the largest and most attractive Korean restaurant in town. Great location, in a large shopping center, on a major highway, with a high volume of traffic. Owner spent over 400,000 on the beautiful decor and equipment for this restaurant which seats 180 people. This restaurant has been very profitable for 6 years and even in a down economy owners are netting more than 150,000 per year. Huge potential to generate more revenue by offering catering and take-out orders, which they do not currently offer because the owner is tired and ready to retire. Unique situation, this town has a large Korean population because of 2 major car manufacturers and their suppliers. Obviously, a new owner could turn this 5,000 square feet into a different type of cuisine.

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Reason for Selling:

personal

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 a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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