November 22, 2009 |
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Buffet Restaurant • $1,390,000
Location: Orange Area Seller: James Kwon Phone: 213-327-5400 |
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Business Summary
Buffet Simple Operation 4 Th Year At The Location All Mixed Customers From Everywhere. Approx 7,400 Square Feet Lease 2 Years Existing Plus 5 + 5 + 5 Years Option Rent Only 14,400 Including Cam Charge Only 5.7% Of Gross Sales Volume Unbelieably Low Rent Food Cost Average Of 45% But Not Exceed 48% Including Supplies No Abc License Because Owner Does Not Want Customers Sitting And Drink Blocking Other Rotation Customers. Minimum Of Average 39,000 Net Income Which Is About 15.6% Net Income From Gross Sales But Easy To Prove Over 40,000 Net Income Per Month 2 Partners But 1 Partner's Other Business Financial Issue Forced Them To Sell This Is The Opportunity Someone Who Want Big Volume Restaurant Less Headache. |
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