NOT DISCLOSED, California
| Asking Price |
$179,000 |
Year Established |
2008 |
|
| Annual Revenue |
$420,000 |
Reason for Selling |
Retire |
|
| Annual P/L |
$96,000 |
Attention |
Jonathan Hwang |
|
| Annual Cash Flow |
$96,000 |
Listing Number |
978828 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
A well-established Korean Tofu restaurant, located in a high-traffic shopping center, is now available for acquisition. The current owner, who has successfully operated the restaurant for 16 years, is preparing for retirement. The establishment occupies approximately 1,500 square feet and has a monthly rent of $5,000, inclusive of common area maintenance (CAM) charges. The lease agreement offers a remaining term of 4 years, with an additional 5-year extension option. There is significant potential to increase both sales and net profit by expanding operational hours and opening seven days a week. Currently, the restaurant operates on a limited schedule, serving lunch from 11:30 AM to 2:00 PM and dinner from 4:00 PM to 9:00 PM. The business holds a Type 41 Beer and Wine (B&W) license, enhancing its appeal to a mixed demographic customer base. " CASH OFFER ONLY " SELLER FINANCING UP TO $50k, FIRM PRICE !!!!!
Listing: 5524 JH
Property Features and Assets:
Market Competition and Expansion:
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