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For Sale: Izakaya Restaurant - 6 Day, Semi Absentee Run - Irvine, California

$390,000.00

Asking Price

  • Address: Irvine,

  • Status: Active

  • Posting ID: 272660

  • 3/18/24

Irvine Izakaya Restaurant - 6 Day, Semi Absentee Run Business For Sale
Izakaya Restaurant - 6 Day, Semi Absentee Run Company For Sale
Irvine Izakaya Restaurant - 6 Day, Semi Absentee Run Companies For Sale
Buy, Sell A Izakaya Restaurant - 6 Day, Semi Absentee Run Business
Selling A Irvine Izakaya Restaurant - 6 Day, Semi Absentee Run
Izakaya Restaurant - 6 Day, Semi Absentee Run Business Opportunity

Description

For sale is a semi-absentee-run izakaya restaurant with a beer & wine license near Irvine. It is open 6 days (dinner only) per week. The daily average sales are $2,500 (Friday average sales: $4,000). The store size is 1,700 sq ft. with a 13-year lease left. There is a spacious kitchen and clean financials. There are 9 employees that are working. The business hours are from 4:30-9:30 pm. There are not many competitors. The owner has 2 restaurants and wants retirement. There are 8 burners and a built-in freezer.

There is a big potential for increasing sales. It is only a 30-hour operation per week, so absolutely more operational hours are needed. Of the total sales, 30% come from beer and wine sales. They have good markups and low food costs. It is located next to 500 apartment units and luxury houses. The seller is motivated to sell. The average monthly sale is around $65,000 and the monthly net income is $15,000.

To get more information about this Izakaya Restaurant - 6 Day, Semi Absentee Run business for sale in Irvine please phone Joey Kim (Intermediary, Broker - BRE License #:01436480) at 213-255-1478 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272660 on BizBen.com. In addition to phoning Joey Kim, make sure you email Joey Kim above to get more info about this Izakaya Restaurant - 6 Day, Semi Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01436480. Realty Star Investment & Development.

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Contact

  1. Name: Joey Kim
  2. phone iconPhone: 213-255-1478
  3. phone iconPhone: --

Details

  1. Asking Price: $390,000.00

  2. Down: $170,000.00

  3. Cash Flow: $180,000.00

  4. Revenue:    $840,000.00

  1. Area: Irvine

  2. City: Irvine

  1. Attributes:

    Absentee RunSemi-Absentee RunTraining & SupportOwner/Seller FinancingLicense (Liquor, etc.)

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Related Links & Information Regarding This Posting

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