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Los Angeles, Los Angeles County, California
Asking Price
$298,000
Revenue
$1,080,000
Down
$100,000
Cash Flow
Call/Email
Posting ID:
5134550
Business Category:
Restaurants & Food
Business Types:
Korean Restaurant
Attributes:
SBA Loan Pre-Qualified
Training And Support
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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 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

West Covina, California
MONTH NET $15K, FRANCHISE TO GO KOREAN KITCHEN in WEST COVINA
$ 239,000
CF : $ 180,000
For sale is a Korean restaurant located in West Covina, California. This business resides within a bustling mall and offers a convenient to-go style service. This restaurant is an existing franchise and is also licensed to serve beer and wine, adding to its appeal and potential for profit. With Walk-in cooler. This business is operated by Joey Kim, along with the assistance of 4 part-time employees. According to the seller's disclosure, the restaurant boasts an average monthly sales figure of $58,000, and a healthy net income of $15,000. The asking price for this profitable venture stands at $239,000. This does not include the approximate inventory worth $8,000. As part of the vibrant and diverse culinary scene of Los Angeles, this restaurant presents a golden opportunity for those interested in stepping into the restaurant industry. Furthermore, the business comes with the added benefit of being SBA Loan Pre-Qualified and the possibility of financial assistance. If this opportunity piques your interest, please contact broker Joey Kim at 213 255 1478 for more detailed information and to discuss further.

Torrance, California
Korean BBQ Restaurant
$ 225,000
For sale is a well-established and famous Korean restaurant in Torrance. The restaurant has 11 table hoods installed, 20 ft long hood, walk-in cooler and others for Asian food menu. Its size is about 2,475 sqft with rent $9,600 including NNN. Beer/Wine License. 'All information was deemed to be from reliable sources or the seller, but is not guaranteed.'

Los Angeles County, California
Well-Known Korean BBQ Restaurant | Loyal Customer Base | Growth Potential
$ 230,000
CF : $ 100,000
This long-established, authentic Korean BBQ restaurant has built a strong reputation over many years, supported by a loyal and consistent customer base. Known for its genuine flavors and inviting atmosphere, the business offers a traditional dining experience that continues to attract both regular patrons and new guests seeking high-quality Korean cuisine. The restaurant is currently open for dinner service only, presenting a clear opportunity for a new owner to expand operating hours and increase revenue. It holds a Beer & Wine license, which provides additional income potential and enhances the overall dining experience. A key asset of the business is its extensive infrastructure, including 10 built-in table hoods—an installation that represents a significant capital investment and a major barrier to entry for competitors. This setup allows for a fully immersive Korean BBQ experience and supports a wide, flexible menu that appeals to a broad range of customers. The space is thoughtfully designed to reflect an authentic ambiance, contributing to its strong identity and customer appeal. Additionally, there is a private dining room equipped with its own hooded table, ideal for group gatherings, special occasions, or premium dining experiences. The business is currently operated by a part-time owner, offering substantial upside for a more hands-on operator to further develop and grow the operation. Office ID 5693 RK

San Gabriel, California
Korean Restaurant
$ 185,000
This Korean Restaurant for sale is situated in a prime location within the affluent Asian community of San Gabriel, California. Currently, the restaurant is open for dinner service only due to staff shortages, however, it still maintains a respectable monthly sale of approximately $55,000. The premises is a comfortable 1,500 sqft, with a monthly rent of $7,500 inclusive of NNN. The restaurant also holds a valuable Beer/Wine License, adding to its appeal. The potential for this business is evident; with the extension of business days and hours, the new owner has a clear opportunity to significantly increase revenue and profit. For additional details about this promising restaurant in Los Angeles County, please contact broker Cheong Won.
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