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Napa, Napa County, California
Asking Price
$695,000
Revenue
$2,387,374
Down
Call/Email
Cash Flow
$356,538
Name: Steve Zimmerman
Phone: Show phone number
Name
Steve Zimmerman
Phone
Show phone number
Year Established:
2015
Reason for sale:
Other Interests
Size in Square Feet:
2,515 sqft
Lease Terms:
Rent - $11,341 Base Rent + $3,146 CAM/NNN Expiration - 2028 Yearly Increase - 3% Yearly Increases Option - 5 Year Option Deposit - Negotiable
Posting ID:
5777213
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Cafe, Cafeteria
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1. West LA County Area | Restaurant Opportunity in a Stable Shopping Center Asset Sale Available | Concept Change Possible | Continue Current Operation Strong Potential to Improve Profitability with Owner-Operated Structure This is a Korean casual restaurant located in the West LA County area, situated in a stable shopping center with consistent foot traffic. The business is currently operating under a Korean street food concept. A buyer may choose to: Acquire the business and continue operating under the existing concept after receiving training, or Purchase the business as an Asset Sale and rebrand with a new menu and restaurant concept of their choice. 2. Key Highlights – Significant Upside with Owner Involvement According to the seller, the business is currently operated without direct owner involvement and is primarily employee-run. As a result: Labor costs are relatively high, and Sales and profitability have declined compared to the period when the owner was more actively involved. The seller emphasizes the following points: If a husband-and-wife team or family members operate the business directly, unnecessary labor expenses can be significantly reduced. With limited owner oversight, sales control and cost management have been handled mainly by employees, resulting in lower operational efficiency. Direct owner involvement would allow better control over: Food ordering and inventory usage Food cost management Staffing efficiency and scheduling Overall, direct owner operation offers a clear opportunity to reduce labor costs, improve efficiency, and restore profitability. 3. Store Information Size: 992 sq ft Seating: Approximately 20 seats (with potential to add more by reconfiguring the layout) Location: Stable shopping center with consistent traffic 4. Business Hours Monday – Saturday: 10:00 AM – 8:00 PM Sunday: Closed The business is currently closed on Sundays, offering additional revenue potential by expanding operating days. 5. Lease Information Total Monthly Rent: $4,784.94 Base Rent: $4,181.82 NNN: $605.12 Annual Rent Increase: 4% Lease Term: Through March 31, 2026 + one 5-year option Buyer may apply for a new lease if preferred 6. Staffing Full-Time Employees: 2 Part-Time Employees: Approximately 5–6 Monthly Payroll: Approximately $22,000 – $25,000 Due to the owner’s absence, labor costs are currently higher than ideal. Owner-operated management would allow staffing optimization and meaningful labor cost reduction. 7. Sales Performance Past (up to ~3 years ago): Average monthly sales of approximately $80,000 Current: Average monthly sales of approximately $60,000 8. Net Income Currently, due to high labor costs and lack of owner involvement, monthly net income is minimal. With direct owner participation, there is strong potential for meaningful profit improvement. 9. Additional Information Business History: Approximately 10 years at the same location Current Owner Tenure: Approximately 5 years Reason for Sale: Owner is focusing on other business interests 10. Ideal Buyer Profile A couple or family looking to operate the business directly Buyers seeking to reduce labor costs and actively manage operations Entrepreneurs interested in acquiring an asset sale and launching a new restaurant concept Buyers who prefer to continue the existing Korean street food concept with established operations

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