Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Monrovia, Los Angeles County, California
Asking Price
$950,000
Revenue
$2,200,000
Down
$280,000
Cash Flow
$360,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Years Established:
2,016
Employees:
13
Reason for sale:
Retirement & family issues
Support & Training:
2 weeks training after closing of escrow
Size in Square Feet:
2,500 sqft
Lease Terms:
New 5 years plus 5 years option
Posting ID:
285177
Attributes:
Absentee Run
License (Liquor, etc.)
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Recommended Businesses
Corona, California
Thai Restaurant - With Beer And Wine License
$ 270,000
CF : $ 120,000
Unearth this gem of a business opportunity nestled in the heart of Corona, California. This Thai restaurant, admired for its rich 13-year history and strong community reputation, currently generates $760,000 in annual revenue. With an average net income of $10,000 per month, this business boasts consistent profitability. The restaurant is favorably positioned in the busiest and most aesthetically pleasing mall in Corona, adjacent to a luxury movie theatre. Its prime location in a developing area with new homes and a golf community ensures a steady stream of foot traffic and potential for growth. This restaurant operates six days a week, offering its new owner flexibility and balance. Its 1,600 square foot space is leased at an attractive rate of $5,500 with NNN. The ample parking space is an added convenience for customers. The sale includes a beer and wine license, enhancing the dining experience for patrons and providing an additional revenue stream. Also, the business is pre-qualified for an SBA loan, making financing a breeze for qualified buyers. The seller, intending to return to a full-time teaching career, offers training and support to ensure a smooth transition. This is not just a restaurant for sale; it's an opportunity to continue a legacy while crafting your own. With its impressive financial performance and strategic location, this Thai restaurant is a lucrative investment. Don't miss this rare chance! Contact broker Joey Kim today for more details.
Mission Viejo, California
6 days open very profitable Japanese Ramen, Curry, Omurice
$ 300,000
CF : $ 180,000
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 today for more details.
Artesia, California
$2756 Monthly rent: Korean Soondae, Jokbal restaurant
$ 150,000
Dive into the rich world of Korean cuisine with this golden opportunity to own a thriving Korean Soondae and Jokbal restaurant situated in the vibrant city of Artesia, Los Angeles, California. Operating successfully for an astounding 37 years, this well-established business boasts a solid reputation and a loyal clientele, making it an excellent investment for any discerning buyer. The restaurant spans a generous 1,400 square feet, featuring an efficient layout and a fully-equipped kitchen, packed with eight gas burners and a built-in cooler. Its strategic location ensures easy access to direct parking, enhancing the overall customer experience. Notably, this business enjoys a remarkably low rent of $2,756 per month, providing a significant financial edge for the prospective buyer. Adding to its appeal, the restaurant comes with a coveted wine and beer license, opening up avenues for increased revenue and customer satisfaction. The current owners, after steering this enterprise to success for 12 years, are ready to retire and return to South Korea, paving the way for a new owner to take the reins and continue scaling this profitable venture. They are committed to a seamless transition, providing comprehensive training and support to uphold the restaurant's successful trajectory and preserve its unique culinary legacy. This is not just a restaurant; it's a legacy in the making. With an asking price of $150,000, it represents a solid investment with a strong reputation and consistent profitability. Don't miss this rare opportunity – contact broker Joey Kim at 213 255 1478
Los Angeles, California
$25,000 month net income:Thai Restaurant in Hollywood
$ 890,000
CF : $ 300,000
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.
Irvine, California
$55,000 asking Shoe And Luxury Brands Bag Repair Shop in Irvine
$ 55,000
CF : $ 72,000
Grasp the golden opportunity to acquire a well-established shoe and luxury brand bag repair shop, located in the vibrant city of Irvine in Orange County, California. This noteworthy business has been successfully run by the current owner for 35 years, forging a solid reputation for its high-quality services, which has translated into a loyal customer base. The business boasts a consistent annual revenue of $144,000 and a healthy adjusted net income of $72,000, offering a highly lucrative venture for potential buyers. The asking price of $55,000, which includes tangible assets, is a testament to the excellent value this business offers. The business operates only 4 1/2 days per week, offering a new owner the perfect work-life balance. The current owner, preparing for retirement, is offering a minimum of two months of training and support to ensure a smooth transition. This support will provide an invaluable insight into the industry and the unique customer base the business serves. Situated in the heart of Irvine, the location provides prospective buyers with the perfect mix of a profitable business and a desirable lifestyle. The semi-absentee run nature of this business further accentuates its appeal, particularly for those seeking a business that doesn't require a full-time commitment. This retail business offers a unique blend of substantial income, growth potential, and a prime location. Don't miss this rare chance to own a thriving business in a flourishing industry. If you're interested in becoming the proud owner of this lucrative business. Please contact Broker Joey Kim 213 255 1478.
Los Angeles, California
Mexican Taco Restaurant in PRIME LOCATION Hollywood
$ 230,000
CF : $ 84,000
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. This is a unique
Los Angeles County, California
Month rent $1600: Beer And Wine Market
$ 74,000
CF : $ 90,000
Immerse yourself in this lucrative opportunity to own a high-margin beer and wine market located in La Puente, California, a business that boasts a stellar 23-year track record under the same ownership. The owner's decision to retire opens the door for an ambitious entrepreneur to step in and continue this market's legacy. Operating in a prime location within easy parking access, this market benefits from a high volume of cash sales, accounting for 65% of transactions. With a rent of just $1,600 per month, overheads are kept minimal, allowing for an impressive net income of $7,500 monthly, as per the seller's disclosure. This business is not only profitable but also offers growth potential. The current business hours are from 10AM to 9PM, and extending these hours could bolster the already impressive revenue further. In addition, the business is ideally positioned near a plethora of manufacturers, providing a steady flow of potential customers. The purchase includes a liquor license and the benefits of a semi-absentee run operation. To ensure a smooth transition, the seller is offering two weeks of training after the closing of escrow. The asking price of $75,000 is an attractive investment for a business that offers a steady cash flow of $90,000. This is a rare opportunity to acquire a well-established and profitable business in the retail and food sector. Don't miss out – contact broker Joey Kim 213 255 1478 or bestjoeykim@gmail.com today for more details and to
Burbank, California
Monthly net income $50,000 Sushi & Izakaya in Burbank downtown
$ 1,980,000
CF : $ 660,000
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
Recommended Blogs
Buying A Business
Three Stage Checklist For the Buyer
Buying A Business
How The Landlord Makes Or Breaks The Deal And The Requirements For A Good Tenants Lease
How To Sell A Business
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
Deal And Escrow Issues
Life (or Death) Of An Orange County Restaurant Deal
How To Buy A Business
Retiring Baby Boomers And Their Effect On California Small Business Sales
Buying A Business
Buy A Convenience Store With Confidence - Tips For C-Store Buyers
Buying A Business
Restaurant Buyers: Tips On Buying A Second Restaurant Location
Buying A Business
Don't Buy Restaurant Businesses Without Checking The Competition
Buying A Business
What Are Some Tips On Buying An Existing Bakery Small Business?
Business Purchase Financing
Frozen Yogurt Shop For Sale Financing - Yogurt Store Purchase Financing Tips
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Buying A Business
Things To Consider When Buying A Coffee Cart Small Business
How To Sell A Business
How Long Does It Take For A Small Business Restaurant To Sell?
Buying A Business
5 Tips To Help You Sell Your Deli
Buying A Business
Pop-Up Restaurants: Pro Tips For Starting Or Buying One
Deal And Escrow Issues
Buying A Bar - Due Diligence Issues & Tips
Buying A Business
Buying A Bar - 4 Tips Worth Reading Before You Buy Your Bar
BizBen News
How To Advertise A Business For Sale Without Revealing Too Much
Business Purchase Financing
6 Possible Untruths Told To Business Buyers When Buying A Small Business
Buying A Business
Buying A Restaurant: What Not To Do When Searching To Buy A Restaurant