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Berkeley, Alameda County, California
Korean Restaurant -Semi Absentee Run business
Asking Price
$400,000
Revenue
$1,200,000
Down
$400,000
Cash Flow
Call/Email
Name: Armina Paik
Phone: Show phone number
Name
Armina Paik
Phone
Show phone number
Description
The restaurant's prime location and established reputation in the community contribute to its high foot traffic and steady customer base. The 2000 square foot premises are well-maintained and equipped with a 10 feet hood in the kitchen, ensuring smooth operations and room for expansion if desired.
The current lease terms are favorable, with a rent of $9000 per month for this highly sought-after area. This lucrative business is being offered at an asking price of $400,000, with the added bonus of the current owner's willingness to provide support and training to ensure a smooth transition.
This opportunity is perfect for someone looking to invest in a thriving business without the commitment of day-to-day management, as it is currently efficiently run by a semi-absentee owner. The owner is looking to retire, offering potential buyers a rare chance to step into a successful turnkey operation with a strong foundation and significant growth potential..
Business Details
Year Established:
7
Reason for sale:
retire
Property Information
Size in Square Feet:
2,000 sqft
Lease Terms:
3 yrs
Lease & Tenant Information
Posting Information
Posting ID:
4337008
Business Category:
Restaurants & Food
Business Types:
Korean Restaurant
Attributes:
Semi Absentee Run
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Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Korean Restaurant -Semi Absentee Run business
Posting ID
#4337008
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