Korean Restaurants for Sale in Los Angeles, CA
Los Angeles, California
Korean Restaurant
4 results for "Korean Restaurant" businesses in "Los Angeles, California"
Los Angeles, California
Korean Restaurant
4 results for "Korean Restaurant" businesses in "Los Angeles, California"
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Los Angeles, California
Bar & Restaurant Asset Sale in LA Koreatown – Flexible Concept Opportunity
$ 85,000
LA Koreatown Korean Pub / Pocha for Sale Opportunity to Expand Daytime Operations · Reasonable Offers Considered This Korean-style pub and pocha is located in a prime area in the heart of LA Koreatown. The business currently operates as a traditional Korean pub serving soju, beer, makgeolli, and a variety of Korean bar foods, including fried dishes, stir-fried dishes, and spicy appetizers. The restaurant has a lively and casual atmosphere, making it a comfortable place for friends and coworkers to enjoy drinks and food. A new owner may continue operating the current Korean pub and pocha concept or introduce a new menu, brand, or concept. Currently Open Only During Evening Hours. Potential to Increase Sales by Adding Breakfast and Lunch Operations The current business hours are from 6:00 p.m. to midnight, and the restaurant operates only during the evening. The morning and lunch hours are currently unused, creating significant potential for a new owner to expand operations and increase revenue by opening during the daytime. Because the business is located in the heart of LA Koreatown, it may benefit from steady customer traffic from nearby office workers, residents, visitors, and customers dining at surrounding restaurants. By adding coffee, boba drinks, simple desserts, brunch, Korean snack foods, light meals, or takeout items during the morning and lunch hours, a new owner may be able to create an additional source of revenue beyond the existing evening sales. Since the premises are currently unused for a substantial portion of the day, extending the operating hours may also allow the existing facilities and rent expense to be utilized more efficiently. The business currently closes at midnight, but the operating hours may potentially be extended until 2:00 a.m., allowing a new owner to attract additional late-night customers. Good Opportunity for a New Concept The current Korean pub and pocha concept may be continued after the purchase. However, no POS records, Profit and Loss statements, tax returns, or other official financial documents are available. Therefore, rather than evaluating the business solely based on the reported sales, this opportunity may be more suitable for a buyer who wants to use the location, existing improvements, seating capacity, and liquor license to launch a new menu or concept. Potential concepts may include a Korean pocha, pub, izakaya, fusion bar, Korean snack restaurant, boba shop, dessert café, or a combined daytime and evening operation. Seller Will Consider Reasonable Offers The seller is motivated to sell and is open to discussing reasonable offers from serious and qualified buyers. After reviewing the business conditions and potential of the location, buyers are encouraged to visit the premises and submit a good-faith offer. There may be room to negotiate the purchase price and transaction terms. Basic Information * Premises Size: Approximately 1,250 sq. ft. * Seating Capacity: Approximately 55 seats * Rent: $3,200 per month plus approximately $2,000 CAM * Annual Rent Increase: 3% * Lease: Approximately 1 year and 6 months remaining, plus a 3-year option * New Lease May Be Negotiable * Monthly Sales: Approximately $23,000 to $24,000 * Delivery Sales: Approximately $4,000 per month * Takeout Sales: Approximately $5,000 per month * Employees: One full-time employee at $20 per hour and two part-time employees at $17 per hour * Owner Involvement: Full-time owner-operated * Opened: January 2021 * Reason for Sale: Seller would like to take a break * Transaction Terms: Cash Only * SBA Financing Is Not Available * Liquor License Included * No POS Records, Profit and Loss Statements, or Tax Returns Available With a desirable location, ample seating, an existing kitchen, and a liquor license, this business may be a good opportunity for a buyer who wants to expand operations into the breakfast, lunch, or late-night hours and create additional revenue. The opportunity may be suitable for buyers who wish to continue the current business or introduce a new brand, menu, or concept.
Los Angeles, California
Korean Tofu Restaurant
$ 295,000
Available for acquisition is a well-established Korean Tofu restaurant located in a busy shopping center in Los Angeles, California. This restaurant boasts an average monthly sale of approximately $90,000, contributing to an annual revenue of $1,080,000. The rent for the location is favorable, coming in at $7,650 per month, inclusive of NNN charges. Operating this restaurant is a breeze, making it an excellent opportunity for those seeking an easily manageable business. Additionally, the restaurant comes with the advantage of being prequalified for an SBA loan. Training and support will be provided, ensuring a smooth transition for the new owner. This business has attracted a significant number of page views, indicating strong interest from potential buyers. The asking price for this Korean Tofu restaurant is $295,000 with a down payment of $100,000. For more information about this promising business opportunity, please contact the broker.
Los Angeles, California
Korean Restaurant in Downtown LA
$ 130,000
CF : $ 180,000
Presenting a great opportunity to acquire a well-established Korean restaurant in downtown Los Angeles. Set up in 2020, this business enjoys a strong 5.0 review rating and a strategic location across from LAPD Headquarters, LA Times Building, Cal Trans, and numerous law firms and government offices. The restaurant, offering an asking price of $130,000, boasts an annual revenue of $480,000 with a cash flow of $180,000. With only two employees, this compact yet efficient operation is perfect for a buyer looking for a manageable venture. The premises span 1,600 square feet and are nestled next to Little Tokyo, benefiting from plenty of foot traffic. Plus, the rent is reasonable at just $3,000 per month. The lease terms are 3 plus 2 years, providing the new owner with flexibility and stability. The current owner wishes to retire, creating an ideal opportunity for a new entrepreneur to take over. Training and support will be provided as part of the transition. Contact broker Joshua Cho at +17148700300 or joshuacho1004@gmail.com for more details. This is a fantastic chance to acquire a popular, well-reviewed Korean restaurant in a highly desirable downtown LA location.
Los Angeles, California
Korean Restaurant - Authentic
$ 179,000
CF : $ 60,000
The quality and taste of the food is always consistently delicious and second to none and all ingredients are fantastic quality not to mention its classy restaurant. The food is extremely delicious and hands down the best Korean food with lots of side dishes. The decor is marvelous and the atmosphere is very cozy and this place is definitely a hidden gem with the family atmosphere and this place is immaculate and super clean and the entire ambience is really refreshing, sumptuous, and incredible. This is a great opportunity to own the well established and well organized Korean cuisine in a busy and great location
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