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Irvine, Orange County, California
Korean Food Style “TO-GO” Specialist Restaurant in Irvine
Asking Price
$490,000
Revenue
$1,050,000
Down
Call/Email
Cash Flow
$162,000
Name: Kee Chang Nam
Phone: Show phone number
Name
Kee Chang Nam
Phone
Show phone number
Description
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
Business Details
Year Established:
2022
Employees:
11
Property Information
Size in Square Feet:
1,720 sqft
Lease Terms:
May 2027 + Option (to be discussed)
Premises Details:
Landlord is The Irvine Company
Lease & Tenant Information
Posting Information
Posting ID:
8939299
Business Category:
Restaurants & Food
Business Types:
Korean Restaurant
Specialty & Theme Restaurant
Attributes:
Absentee Run
Non-Disclosure Agreement
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Posting Title
Korean Food Style “TO-GO” Specialist Restaurant in Irvine
Posting ID
#8939299
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Agent, Broker or Seller Contact
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