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Fountain Valley, California
PandC Insurance Agency - Commercial
$ 850,000
CF : $ 246,339
This is an excellent opportunity to acquire a 95% commercial small business P&C insurance book, ideal for expanding your existing agency. The client base comprises Mandarin and English-speaking small business owners, primarily in the restaurant industry. Year-to-date (November 2024), the Agency has written $2,483,426 in premiums and earned $342,800 in commissions, compared to $2,299,865 in premiums and $359,234 in commissions in 2023. With nearly $200,000 in premium growth so far this year, the Agency is on track for a 10% year-over-year increase, showcasing its strong growth potential. The top carriers are Travelers, UCA and Berkshire Hathaway. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities will be included as this is a book roll. Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition. Growth & Expansion: To stimulate growth and broaden the Company's horizons considercross-selling personal lines to clients. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms. Reason for Selling: The Seller is ready to retire.
Orange County, California
Direct Lending And Real Estate Investment - 30 Yrs
$ 30,000,000
CF : $ 5,680,586
In business for 30 years, this 100% service-oriented company is highly profitable and provides direct lending services and real estate investments. The business enjoys a stellar reputation and brand awareness in the industry, serving thousands of clients and investors over the decades. The business has been on a strong upward curve, with an average year over year revenue growth of over 35% since 2020. It has well-developed systems and processes in place to allow for future growth and expansion. Other investment highlights include: - A multi-source revenue business including loan origination, servicing, investments and trustee fees, thus controlling and benefiting from all aspects of the life cycle of the loan. - Long-term relationships between the business and, brokers and investors. - Great employees with experienced leaders in each department. - Serving clients in eight states (starting in 2020) with expected expansion onto additional states within the next two years. - On average, the company closes 60 to 100 loans each month, with most months exceeding 75. - As one of the oldest private money lenders in California, the pipeline of the business is largely generated by broker referrals. *** $5,000,000 in cash or trust deeds included in the sale. ***
Irvine, California
Absentee run: Month Net income $20,000 Korean restaurant w/Beer & Wine
$ 790,000
CF : $ 240,000
SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. 30% Down. Excellent location for Korean Kalbi beef soup or Tang restaurant. Presenting a highly profitable late-night Korean gastropub located in the bustling city of Irvine, California. Known for its vibrant K-pop ambiance and delectable Korean fried chicken, the restaurant is a popular hotspot for both locals and tourists. The business enjoys a public location with ample parking, making it an easy choice for customers seeking a convenient, hassle-free dining experience. Despite its absentee-run nature, the restaurant has shown impressive profitability, earning a revenue of $1,630,000 and a cash flow of $240,000. This robust performance speaks volumes about its strong brand, quality offerings, and loyal customer base. The potential for even greater success is substantial with an owner-operator at the helm, ready to unlock the exciting growth opportunities this business holds. The business is a fully licensed establishment, offering a selection of beer and wine to complement its unique menu, enhancing customer experience and driving additional revenue. It operates within a spacious 2,529 square feet property with favorable lease terms of 8 years. The sale includes all assets, ensuring a truly turnkey operation. For those with ambition and vision, this business represents an extraordinary opportunity – a well-established brand in a thriving location, with all the groundwork laid for future expansion and success. Moreover, the seller offers 2 weeks of training after the closing of escrow to ensure a smooth transition, making this an ideal opportunity even for those new to the restaurant industry. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Irvine, California
Japanese Curry Asian Fusion - Absentee Run
$ 270,000
For sale is an absentee-run Japanese curry restaurant offering a great opportunity in the Asian fusion and comfort food market. This is a franchise concept with a 5% franchise fee. Monthly gross sales are approximately $65,000. Monthly rent is $6,800, including NNN. Lease terms include 5 years plus a 5-year option. The restaurant is approximately 900 square feet. There is ample parking available. The current owner has operated the business for 2 years. The restaurant operates 7 days a week, from 11:00 AM to 9:00 PM daily. Staff includes 1 full-time and 10 part-time employees. The owner is not involved in day-to-day operations.
Irvine, California
Korean Food Style “TO-GO” Specialist Restaurant in Irvine
$ 550,000
CF : $ 162,000
Business Type: Korean Food Style “TO-GO” Specialist Restaurant with individual boxes, Kimbap, Bibimbap, Dosirak and Banchan. Absentee Owner operated, but owner’s wife works as an employee Location: Irvine Landlord: The Irvine Company Store Size: 1,720SF Business Hours: Mon-Sat 11:00 - 8:00. Sunday 11:00 - 4:00 Lease end by May 2027 (Seller will cooperate to extend the additional options) Average Gross Sales last 12 months: $75,000 +/- per Month Average Gross Sales (2023/2024): $85,000/$100,000 per Month Net Income: about $13,500 per Month Rent per Month: $11,200 + NNN $2,950 Employees: 6 persons for Full Time 5 persons for Part Time Employee Wage: $20,000 - $22,000 per Month including owner's wife Food or Material cost: $20,000-$23,000 per Month Electric: $2,000(Average). Summer $3,000 Winter$1,200 Gas: $800 Water: $0
Irvine, California
Asian Fusion Grill Restaurant in Irvine
$ 160,000
#1008 Area: Irvine Asking Price: $160,000 Base Rent: $6,834.17/mo (This base rent is adjusted to the fair market rent) NNN: $1,551.75/mo Percentage Rent: 8% Security Deposit: $6,679.75 Lease Term: 7/31/2027 Size: 1,041 sq. ft. Seating Capacity: 20 (Inside) + shared patio space Liquor License: N/A Reason for Selling: The close proximity of the two business locations could lead to cannibalization. This restaurant space is located in prime Irvine, surrounded by many great tenants in the same shopping center and anchored by a well-known Asian market. The space is perfect for any Quick Service Restaurant (QSR) concept, and all of the furniture, fixtures, and equipment are in excellent condition. The restaurant features a 9 foot-long hood, grease trap interceptor, walk-in cooler, and more. Potential buyers should have substantial restaurant experience and a strong financial background. Not suitable for hot chicken, Poke, Coffee, Bakery, Chinese noodles, Dim sum, or Korean BBQ concepts.
Irvine, California
Boba Bubble Tea Shop - Inside UC Irvine
$ 100,000
CF : $ 120,000
The famous Boba & Tea store inside University California Irvine for sale. The current owner doesn't have business experience. Excellent visible location. Lots of UCI students are coming. For experienced buyers it will be excellent. Store size: 900sf.
Irvine, California
Profitable Asian Restaurant - First Time on the Market!
$ 499,000
This famous, semi-absentee-run restaurant has been operating for over 10 years in the same location, inside one of Irvine’s busiest retail centers. • SDE (owner take-home) in 2024: was over $14,000/month • 3-year average SDE was over $222,000/year • Size: 1,400 sq ft interior + 500 sq ft private patio • Fast service and high turnover make this efficient layout ideal for maximizing revenue. • Fully turnkey with professional management in place • Ideal for an owner-operator to increase income Restaurant opportunities in Irvine are rare, especially with strong, in-place income like this. Don't miss your chance to take over from a retiring owner. ** Prospective buyers must demonstrate solid restaurant experience and strong financials to be considered. ** Full details available upon NDA. Contact Jayden at 949-337-7324 or ocjaydenlee@gmail.com
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