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Los Angeles, Los Angeles County, California
Asking Price
$525,000
Revenue
$642,190
Down
$525,000
Cash Flow
$133,888
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
286431
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
Keywords:
Los Angeles, Los Angeles county, california, cocktail, bar, lounge
Attributes:
Broker Cooperation
For Sale By Owner
License (Liquor, etc.)
Owner/Seller Financing
Training And Support
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Imagine stepping into your own authentic Japanese sushi restaurant in the heart of Downtown Los Angeles on prestigious Wilshire Boulevard. This established sushi operation offers you everything you need to continue serving the loyal customer base that already calls this place home. You'll love the intimate setting - a cozy sushi counter where guests can watch you or your chef create beautiful, fresh rolls right before their eyes. The small dining area creates that warm, homey atmosphere that keeps customers coming back. It's the kind of place where regulars become friends and every meal feels special. The kitchen comes fully equipped with a Type 1 hood system, giving you the flexibility to expand your menu or even convert the concept if you have different culinary dreams. At $4,600+ monthly rent, you're securing a prime location on one of LA's most iconic corridors - the historic "Main Street" that connects Downtown to Santa Monica. This isn't just a restaurant purchase; it's your chance to become part of a vibrant community. Wilshire Boulevard flows through diverse neighborhoods from Koreatown to Century City, bringing you a steady stream of locals, office workers, and visitors exploring LA's cultural landmarks. Whether you're an experienced restaurateur looking to add to your portfolio or someone passionate about Japanese cuisine ready to take the next step, this turnkey operation lets you hit the ground running. The established customer base means you're not starting from scratch - you're building on a foundation that's already proven successful. Come see why this cozy corner of culinary excellence could be your perfect business opportunity.

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LA Koreatown Pocha/Hof Bar for Sale – Great Opportunity for a New Owner This is a well-located Korean-style pocha/hof (casual drinking spot) situated in the heart of LA Koreatown. The business is currently operating under a traditional Korean pocha concept, offering soju, beer, makgeolli, and a variety of popular Korean bar foods such as fried dishes, stir-fries, and spicy menu items, all in a lively and casual atmosphere. Current operating hours are from 6:00 PM to 12:00 AM, with strong potential to increase revenue by extending hours and enhancing the menu. At present, the business operates only during evening hours and does not open for breakfast or lunch. Given the strong surrounding foot traffic from nearby restaurants, there is a clear opportunity to introduce coffee, boba drinks, and light dessert items to capture daytime customers and generate additional income. In addition, while the business currently closes at midnight, there is flexibility to extend operating hours until 2:00 AM, allowing a new owner to capture late-night customers and further maximize revenue potential. Please note that this is an asset sale and there are no formal financial records available, such as POS reports, Profit & Loss statements, or tax returns. The new owner may continue operating under the existing concept; however, given the lack of financial documentation, this opportunity is also well-suited for a buyer who wishes to renovate, rebrand, or introduce a new concept tailored to their vision. Business Details *Size is approximately 1,250 square feet with 55 seats *Rent is $3,200 base plus $2,000 CAM with a 3% annual increase *Lease has approximately 1.5 years remaining with a 3-year option and new lease negotiable *Monthly gross sales are approximately $23,000 to $24,000 with delivery around $4,000 and take-out around $5,000 *Staff includes 1 full-time employee at $20 per hour and 2 part-time employees at $17 per hour *Owner is actively working full-time *Established in January 2021 *Reason for sale is owner seeking rest *Sale is cash only with no SBA financing *Alcohol license is included This is a prime Koreatown location with strong upside potential for an experienced operator or investor looking to increase revenue through operational improvements and concept repositioning.

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