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Alameda County, California
Asking Price
$1,300,000
Revenue
$2,342,797
Down
$400,000
Cash Flow
$300,000
Name: Duckhwan Kim
Phone: Show phone number
Name
Duckhwan Kim
Phone
Show phone number
Year Established:
2015
Reason for sale:
Cash out
Support & Training:
2 Weeks up to 40 Hours after closing of escrow
Posting ID:
7651825
Attributes:
Broker Cooperation
Training And Support
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Non-Disclosure Agreement
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Non-Disclosure Agreement
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Non-Disclosure Agreement
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Posting Title
Korean BBQ Restaurant- All You Can Eat
Posting ID
#7651825
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Recommended Businesses
Alameda County, California
Fast Food Hamburger National Franchise
Call/Email
CF : $ 218,000
*** SBA Loan Pre-approved by a leading lender! Nestled in the bustling heart of Alameda County, California, sits an incredible investment opportunity that's been serving up delicious hamburgers and ice cream for over 60 years. This national-level franchise restaurant has a proven track record of consistent success, boasting a fantastic annual revenue of $587,000 and a substantial cash flow of $218,000. The asking price for this gem is $1.8 million, a worthy investment considering the longevity and profitability of the business. A notable selling point is that there is no franchise fee attached to the sale, a rarity that adds significant value to the deal. The current owner, who has successfully run the restaurant for 25 years, is seeking retirement, opening the door for a new proprietor to continue the legacy of this beloved eatery. Operations are straightforward, with a small team of 3 part-time employees assisting in the daily flow of the business. The restaurant is strategically located in an industrial area, catering to a large number of employees during meal times and also attracting loyal residential customers. The premises include a standalone 1,179 sq. ft building situated on an expansive 11,650 sq. ft lot. New owners can take comfort in knowing that comprehensive training will be provided for at least three weeks during or after the close of escrow, ensuring a smooth transition. The lease terms offer a 5+5 scenario in case of business-only purchase for $700,000. Don't miss out on this rare opportunity to own
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