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Hayward, Alameda County, California
Asking Price
$99,000
Revenue
$184,000
Down
All Cash
Cash Flow
$66,044
Name: Harry Sidhu
Phone: Show phone number
Name
Harry Sidhu
Phone
Show phone number
Posting ID:
281568
Attributes:
Broker Cooperation
Training And Support
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Price Lowered!!! This is a freestanding building of a Korean restaurant for sale. Rent is $6500(no CAM = just rent). There's a 2-year + 5-option lease remaining. The size of the restaurant is 2,800 sq. ft. There's a 10.5-foot type 1 hood in the kitchen. There are 6 BBQ tables. There are 20 parking spots in the parking lot (front of the building). Business hours are 5 days/week. An SBA loan will not be available (cash buyers only). Before Covid, the sales were $90,000. *AS-IS Sale-Reason for the lowering the price.

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Seize this exceptional opportunity to acquire a thriving Korean BBQ restaurant located in the vibrant city of Hayward, California. This inviting restaurant prides itself on its authentic cuisine and warm hospitality, attracting a loyal customer base that contributes to its current monthly sales of $50,000. The business is favorably priced at $139,000, offering a remarkable investment considering its revenue stream and growth potential. The property spans a generous 2,500 square feet, providing ample space for dining and socializing. The rental rate is approximately $6900, a modest investment for a location in the bustling Alameda County. The lease terms are also attractive, offering a 5+5 agreement that provides stability and longevity for your investment. As part of the sale, all assets associated with the business will be included, from kitchen equipment to decor, offering a seamless transition for the new owner. Whether you're an experienced restaurateur or new to the industry, this business offers an incredible opportunity. The current owner is dedicated to ensuring a smooth transition and will provide thorough training and support to the new owner if required. Don't let this golden chance slip away. Contact the broker today at 510 789 6564 for more details about this profitable Korean BBQ restaurant. Your journey into the lucrative and exciting world of hospitality could start right here. Don't miss this rare opportunity – inquire now.
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