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Arcadia, California
Korean Restaurant
1 result for "Korean Restaurant" businesses in "Arcadia, California"
Arcadia, California
Korean Restaurant
1 result for "Korean Restaurant" businesses in "Arcadia, California"
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Arcadia, California
Korean Tofu House - Well Established
$ 159,000
CF : $ 180,000
This is a remarkable opportunity to own a well-established and highly profitable Korean Tofu House located in the bustling area of Arcadia, Los Angeles County, California. Nestled within a high-traffic shopping center, this restaurant has been managed by the current owner for many years who is now ready to retire. The business operations are semi-absentee run, providing an exciting opportunity for both hands-on or passive investors. The restaurant occupies approximately 2,000 square feet, with a reasonable rent of $9,400 per month. The lease agreement is favorable, with a term of 5 years and an option for an additional 5-year extension. The operating hours are short, functioning six days a week and closed on Tuesdays, offering a fantastic work-life balance rarely seen in the restaurant industry. Generating an impressive revenue of over $850,000 annually, this business yields an average monthly net profit of over $15,000. The asking price is set at $325,000, presenting an excellent profitability ratio. The business is cash flow positive and is being offered for sale on an 'all cash' basis. The owner is prepared to cooperate with the buyer to ensure a smooth transition. Broker cooperation is also welcomed. This Asian restaurant, with its unique focus on Korean cuisine, is a gem in the thriving food scene of Los Angeles County. Don't miss this rare opportunity to acquire a profitable, well-established business in a prime location. For a private restaurant tour and more detailed information
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