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La Habra, Los Angeles County, California
Asking Price
$220,000
Revenue
$450,000
Down
$220,000
Cash Flow
$100,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Posting ID:
278450
Attributes:
Training And Support
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Los Angeles, California
Yearly gross $540,000 Mexican Taco Restaurant in Hollywood
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This well-established Mexican taco restaurant, located in the heart of Hollywood, California, is on the market for an asking price of $230,000. Operating for over 45 years, this restaurant has earned its reputation as a beloved neighborhood fixture. Situated in a prime location, directly in front of a busy Hollywood travel bus stop station, the venue benefits from an impressive footfall, which has helped generate a steady revenue of $540,000. The restaurant is semi-absentee run, with the owner currently dedicating only 20 hours per week, offering an ideal opportunity for a hands-on owner looking to increase profits or an investor seeking a solid addition to their portfolio. The dedicated staff, some of whom have been with the company for over 25 years, contribute to the smooth running of the business, providing excellent service to the loyal customer base. What sets this restaurant apart is its coveted beer and wine license, which boosts its appeal to the vibrant Hollywood crowd. The sale of the business also includes a walk-in cooler, adding to the value of the assets. This business has been a part of the Hollywood community for decades, offering a rare chance to own a piece of Los Angeles history. The owner has decided to sell due to plans to move to Spain, opening the door for a new owner to take over this profitable and well-regarded restaurant. Training and support will be provided for 2 weeks after the closing of escrow to ensure a smooth transition. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Burbank, California
Monthly net income $50,000 Sushi & Izakaya in Burbank downtown
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SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. 30% YES. Experience the thrill of owning a high-revenue culinary landmark right in the heart of California's bustling Burbank downtown. This thriving Izakaya and Sushi Bar, attracting food enthusiasts and sushi aficionados alike, operates successfully on an absentee-run model. With yearly sales exceeding an impressive $3 million and a monthly net income of $50,000, this business promises high profitability and an attractive return on investment. The asking price for this rare opportunity is set at $1,980,000. Potential buyers will find the initial down payment of $590,000 reasonable, especially with the possibility of securing a business acquisition loan. This business is pre-qualified for an SBA loan, making the financial aspect even more appealing. Situated in a bustling commercial district - a hub for tourism and the film industry, the business boasts tremendous growth potential. Its high visibility location is ideally positioned to leverage heavy footfall and capitalize on the booming local economy. Further adding to its appeal, the business comes with a liquor license and the assurance of training and support for the new owner. The sale includes a fully-equipped restaurant, set up for immediate operation. Since its listing, this business has gained significant attention, with over 1700 page views and multiple inquiries from interested parties. This restaurant's reputation for excellence in Asian and Japanese cuisine, particularly sushi, is reflected in its strong revenue figures. Don't miss this rare opportunity to own a profitable, well-established restaurant business. Contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Camarillo, California
Monthly net $15,000 : Mediterranean in Camarillo
$ 390,000
CF : $ 180,000
SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. 30 % DOWN($120,000) YES. Here is an exciting opportunity to own a semi-absentee run Mediterranean restaurant located in the vibrant county of Ventura, California, right next to a bustling movie theatre. This restaurant with beautiful patio has been a local favorite since its establishment in 2016, boasting a laudable Yelp score that stands as testament to its popularity amongst the community. Currently, the restaurant operates on an impressive monthly average sale of $75,000, generating a robust monthly net income of $15,000. Annually, these figures translate to a revenue of $900,000 and a net income of $180,000, respectively, indicating a highly profitable venture with stable income. The premises of the restaurant span 1,600 sq. ft with an additional spacious patio, providing ample room for dining and events. It's been under the same ownership for the past 9 years, which has nurtured a loyal customer base and a proven business model. An SBA loan is a feasible financing option for qualified buyers, with the requirement of a 30% down payment. The asking price for this thriving business is set at $390,000, which is a worthwhile investment considering the high net income and strong revenue generation. The new owner will be provided with two weeks of training after the closing of escrow to ensure a smooth transition, thereby minimizing any potential disruption to the business. This is an exceptional opportunity to acquire a successful and highly profitable restaurant in an excellent location. The sale reason is due to family issues, Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Los Angeles, California
Yearly Gross $1,400,000 :Thai Restaurant in Hollywood
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For sale is a highly profitable, absentee-run Thai restaurant nestled in the heart of Hollywood, California. With a strong reputation for live music and a history of 30 years, the restaurant enjoys a dedicated client base akin to the popularity of "BlackPink". This lucrative business opportunity boasts annual sales of over $1.4 million, generating a substantial cash flow of $300,000. The restaurant operates in the evening only, maximizing profit while minimizing operating hours. Along with the business, a Beer and Wine license is included, enhancing the dining experience and increasing revenue. The restaurant's financial performance is further bolstered by a low food cost, which remains under 25% of gross sales. The establishment occupies a 1,700 sq. ft. space in a prime location near Hollywood, Los Feliz, attracting a steady stream of foot traffic. The lease terms offer potential for longevity with a 3+5 year arrangement in place. This business is pre-qualified for SBA loans, making it an ideal purchase for a qualified buyer. To ensure a smooth transition, the seller offers two weeks of training following the close of escrow. This is an excellent opportunity for anyone looking to acquire a well-established, high income-generating business, with a solid reputation in a thriving location. Don't miss this rare opportunity to own a profitable Thai restaurant with significant growth potential. Contact the broker Joey Kim 213 255 1478 today for more details. The future of this business holds immense promise, and it awaits its new owner.
Anaheim, California
Next to IN & OUT : Taiwanese Restaurant, Asset sale
$ 55,000
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PRINCIPAL ONLY. Seize the opportunity to own a thriving Asian restaurant in the heart of Orange County, California. This well-established business boasts a robust annual revenue of $420,000 and a substantial cash flow of $84,000, making it a lucrative investment for any aspiring restaurateur. The restaurant is ideally located in Anaheim Hills, a mere five-minute drive from the renowned Anaheim Hills Golf Course. With its sizeable 2,100 square feet of space, this restaurant has ample room to accommodate a bustling customer base. The rent is highly competitive for the area, at just $7,100 per month including NNN, offering excellent value for such a prime location. For over 20 years, the current owner has successfully operated this Taiwanese eatery, building a strong reputation and loyal client base. The sale is now prompted by the owner's desire to retire, offering a unique opportunity for a new owner to take over a thriving business with proven profitability. The restaurant's inviting atmosphere and authentic cuisine have made it a popular choice for both locals and tourists. Its versatile setup allows for potential expansion into other cuisines such as Thai, Taiwanese fusion, or Korean fried chicken, providing significant growth potential for the new owner. Included in the sale is a walk-in cooler among other tangible assets, and the business is offered as an "as-is" sale. The lease terms are favorable, with a 5-year term plus a 5-year new lease option. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com
Anaheim, California
Yearly Gross $485,000 Chinese Restaurant in Anaheim Hills
$ 145,000
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Currently available for acquisition, we present a highly profitable Chinese restaurant, nestled in the heart of Orange County, California. This establishment boasts a substantial annual revenue of $485,000, making it a lucrative opportunity for those interested in the restaurant and food industry. Located in a prime area, the 2,000 square feet venue is surrounded by residential houses and industrial buildings, ensuring a steady flow of customers. The restaurant, residing next to a popular anchor store, In-N-Out, is well-positioned to attract a diverse clientele. The dining area has been fully upgraded to provide a comfortable and inviting atmosphere, enhancing the overall dining experience for customers. Additionally, the restaurant holds a coveted alcohol license, adding another stream of revenue and enhancing its appeal to the dinner crowd. This business offers significant growth opportunities for the new owner. Its size and layout make it an excellent candidate for conversion into a Japanese sushi restaurant or a Korean soon tofu restaurant, providing room for diversification and expansion. The asking price for this profitable business is $145,000, with a down payment of $84,000. To ensure a smooth transition, the current owner, Joey Kim, offers two weeks of support and training for the new owner. This is a rare opportunity to acquire a successful business with a strong customer base and robust revenue in a prime location. Don’t miss out on this unique chance to own a profitable slice of the Orange County restaurant scene. Contact broker Joey Kim today at 213 255 1478 or bestjoeykim@gmail.com
Anaheim, California
Boba Tea Franchise - Next To Disneyland
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Presenting a prime opportunity to invest in a thriving Boba Tea Franchise, located in the heart of Anaheim, California, right next door to the world-renowned Disneyland. This popular establishment, specializing in delightful beverages and signature offerings such as banana Nutella waffles, draws a steady stream of customers looking for a refreshing treat. Situated in a bustling location within a mall, this franchise boasts a substantial annual revenue of $360,000 and a cash flow of $132,000, demonstrating a solid financial performance. The premises, covering a comfortable 1,025 sq. ft, are well-maintained and inviting, ensuring a pleasant experience for patrons. This franchise is currently semi-absentee run, offering significant potential for growth should an operating owner step in. A strategic buyer can leverage the strong brand reputation, prime location, and existing customer base to drive further revenue growth. The asking price for this enticing business opportunity is $200,000 with a down payment of $189,000. The sale includes two weeks of comprehensive training following the closing of escrow, ensuring a smooth transition for the new owner. Despite the business's impressive performance, the current owner has decided to sell due to a partnership issue. This presents a rare chance for an interested buyer to capitalize on the hard work and success already achieved. Don't let this opportunity pass by. Contact the broker, Joey Kim, today for more details at +12132551478 or via email at best
Mission Viejo, California
Yearly gross $660,000 Japanese Ramen, Curry, Omurice
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This thriving Japanese restaurant, specializing in delectable curry and omurice dishes, is available for purchase in the heart of Orange County, California. Generating an impressive annual revenue of $660,000, this established eatery has become a local favorite, operating six days a week and offering substantial growth potential. Located proximate to a bustling medical complex and directly opposite a college and residential area, this restaurant is ideally situated to attract a diverse customer base. With the added bonus of being just 15 minutes from Irvine, the potential for both dine-in and takeout customers is immense. The restaurant boasts a monthly net income of approximately $15,000, making it an appealing opportunity for both seasoned and first-time business owners. The asking price of $300,000 includes all assets and the seller provides a generous two weeks of training following the closing of escrow to ensure a smooth transition. This is not an absentee-run business, hence the new owner can expect to be actively involved, which will provide them with more control and potentially higher net cash flow. With ample parking available and a semi-absentee run operating model, this restaurant maintains a steady flow of customers and generates consistent profits. The reason for sale is the owner's relocation for a bigger business, making this a unique opportunity to own a thriving restaurant in a prime location. Don't hesitate to seize this rare opportunity – contact the broker Joey Kim 213 255 1478, bestjoeykim@gmail.com today for more details.
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