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Arcadia, Los Angeles County, California
Korean Tofu House - Well Established
Asking Price
$159,000
Revenue
$85,000
Down
All Cash
Cash Flow
$180,000
Description
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
Business Details
Year Established:
20
Posting Information
Posting ID:
280767
Business Category:
Restaurants & Food
Business Types:
Asian Restaurant
Korean Restaurant
Keywords:
korean
tofu
food
dining
arcadia
los angeles county
california
Attributes:
Broker Cooperation
Semi Absentee Run
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Posting Title
Korean Tofu House - Well Established
Posting ID
#280767
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NDA Signed Successfully!
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Agent, Broker or Seller Contact
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