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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Locals Favorite Korean Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $144000
Net Profit / Cash Flow  $59000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  1 - 3
Inventory  40000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  4 weeks
Reason for Sale  Retiring

Description  
This family owned Korean Restaurant has been in business at the same location for 30 years and the current owner took over 7 years ago. The restaurant is located in a small shopping center in the City of Lomita. The shopping center is on a busy main street and has a Laundromat, a liquor store, a pizza place, a salon etc. Many parking spaces are available. Space is 1,000 square feet, full kitchen and 30 seats. No alcohol license. A lot of take-out business. The rent is reasonable. It can be easily changed to other cuisine; Chinese, Thai, Vietnamese etc. If you continue as a Korean restaurant, the current owner is willing to teach their special menu, too. The current owner Is considering of retiring and is very motivated. Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by Broker as to accuracy. Broker has made no independent verification of the data contained herein. Buyer is advised to perform its own independent due diligence and seek the advice of professionals prior to purchasing the Business.


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