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Rolling Hills Estates, Los Angeles County, California
ASK $870K: KOREAN BBQ: MONTH NET $27K, GROSS $110K
Asking Price
$870,000
Revenue
$1,320,000
Down
$300,000
Cash Flow
$324,000
Description
The 2,000 square feet restaurant features a liquor license and provides an authentic Korean BBQ dining experience. With a favorable lease structure of 5+5 years or an assignment of 2+5 years option, and an unbeatable rent of only $8,500, this is a "Gold Standard" restaurant investment.
The restaurant brings in a monthly net income of $27,000 and has a cash flow of $324,000. The asking price for this profitable venture is set at $870,000, with a down payment of $300,000.
The seller is looking to retire, offering a rare opportunity to take over an already high-performing business. Post-sale support and training for two weeks will be provided to ensure a smooth transition. The business is also pre-qualified for an SBA loan, making it more accessible to potential buyers.
Don't miss this chance to own a thriving Korean BBQ restaurant with a proven stability and loyal clientele base in Southern California. For more information, please contact the broker Joey Kim cell 213 255 1478.
Business Details
Year Established:
2022
Employees:
12
Reason for sale:
Retirement
Support & Training:
2 weeks training after closing of escrow
Property Information
Size in Square Feet:
2,000 sqft
Lease Terms:
New 5+5 years lease or assignment 2+5 years option
Lease & Tenant Information
Lease Options:
$8,500
Posting Information
Posting ID:
3613010
Business Category:
Restaurants & Food
Business Types:
Barbeque, BBQ Restaurant
Korean Restaurant
Keywords:
Not much competitions
Famous korean BBQ RESTAURANT
Attributes:
License (Liquor, etc.)
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
ASK $870K: KOREAN BBQ: MONTH NET $27K, GROSS $110K
Posting ID
#3613010
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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