Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Newport Beach, Orange County, California
Asking Price
$590,000
Revenue
$692,000
Down
$240,000
Cash Flow
$144,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Year Established:
2019
Reason for sale:
For daughter's education
Support & Training:
2 weeks after closing of escrow.
Posting ID:
261025
Attributes:
Absentee Run
License (Liquor, etc.)
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Recommended Businesses

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

Chino Hills, California
Monthly Net income $15,000 Chicken sandwich & Burgers with beer and wine
$ 170,000
CF : $ 180,000
Set in the bustling marketplace of Chino Hills, San Bernardino County, California, a unique opportunity presents itself with this Korean-style chicken sandwich, hamburger, and fried chicken restaurant. With a sought-after beer and wine license in place, this establishment is a popular choice among the locals and a must-visit spot for tourists. The restaurant generates a monthly net income of approximately $15,000, according to the seller's disclosure. This healthy revenue stream, combined with the coveted location on the busiest traffic road in Chino Hills, adds up to a business with strong growth potential. Walk in cooler. On offer for $170,000, this venture includes direct spacious parking facilities, a significant asset in such a high-traffic area. The business comes with a full support and training package from the seller, who will also provide all recipes for the famed Korean fried chicken sandwich. This is not just a business for sale; it's an opportunity to step into a thriving restaurant with a loyal customer base and a strong reputation. The current owner's commitment to ensuring a smooth transition provides additional reassurance for those new to the restaurant industry or looking to expand their current portfolio. This is an invitation to become part of Chino Hills' vibrant food and beverage scene. Don't miss this rare opportunity to acquire a profitable, well-established restaurant with a strong revenue stream. Contact the broker Joey Kim 213 255 1478, bestjoeykim@gmail.com today for more details.

Los Angeles, California
Yearly gross $540,000 Mexican Taco Restaurant in 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. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com

Los Angeles, California
Yearly gross $1.35M : Absentee run:American Deli 30% down,SBA
$ 718,000
CF : $ 300,000
SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. 30% DOWN($250,000). Step into the thriving food industry with this high-sales-volume American Deli Franchise located in Los Angeles County, California. This fantastic business opportunity boasts a considerable annual revenue of $1,350,000, making it an attractive investment for both first-time buyers and seasoned entrepreneurs. Despite operating on a semi-absentee basis with the owner dedicating just 10 hours per week, this venture generates an impressive monthly net income of approximately $25,000, highlighting its operational efficiency and robust customer base. Established in 2020, this business has quickly grown to be a go-to dining spot within the local community. As part of a nationally recognized franchise, the business enjoys the benefits of brand credibility and a loyal customer base. The potential for growth is significant, presenting a valuable prospect for a motivated buyer looking to capitalize on this venture's success to date. The purchase includes a comprehensive training package, consisting of two weeks of seller-provided training and additional support from the franchise. This ensures a smooth transition and the continued success of the business under new ownership. Also, this business is SBA loan pre-qualified, providing an accessible investment opportunity for qualified buyers. The lease terms are favorable, with a new 5-year lease plus an additional 5-year option available, offering long-term security for the buyer. The business is fully staffed with eight employees, mitigating the need for immediate recruitment post-purchase. Please contact Broker Joey Kim 213 255 1478, bestjoeykim@gmail.com.

Orange County, California
Express Carwash - With Property, High Traffic
$ 19,800,000
CF : $ 1,800,000
Now available for purchase is an express carwash business situated in prime Orange County, California. Currently managed by an absentee owner, this business has been set up for success, boasting a healthy annual revenue of $3,000,000 and a net profit of $1,800,000. The property's location is a strong point, situated in an area experiencing high volumes of car traffic, which bodes well for potential growth and profitability. The express carwash is expected to be fully operational within several months, making this a timely investment opportunity. The business is also pre-qualified for an SBA loan, which could significantly ease the financial burden for potential buyers. The asking price of $19,800,000 includes the valuable real estate, and the deal requires an initial down payment of $7,500,000. A key feature of this opportunity is the comprehensive support and training offered, ensuring a smooth handover and continued success for the new owner. The absentee owner model also allows for flexibility in management and operations. This business falls under the Automotive & Vehicle category, a sector known for its resilience and steady consumer demand. With its long tunnel and high traffic, this express carwash stands out in the market. This is a rare opportunity to acquire a high-revenue business with significant growth potential in a thriving industry. Don't miss your chance to take over this successful express carwash in Orange County. Contact broker Joey Kim at +12132551478 or bestjoeykim@gmail.com

Rowland Heights, California
30 year old music studio(Noraebang) in Roland Heights: Next to K-BBQ,Seller retirement
$ 65,000
CF : $ 48,000
Explore this extraordinary opportunity to own a well-established Karaoke business, with an impressive 30-year history, nestled in the heart of Rowland Heights, California. With a reputation that precedes itself, the business enjoys a loyal clientele, minimal competition, and a prime location in Los Angeles County. This operation is well-structured, offering 9 well-equipped and intimate karaoke rooms. The business model is straightforward and easy to manage, even for a novice entrepreneur. The current owner operates the business four days a week, from 6pm to 12pm, while reliable and well-trained employees manage it for the remaining three days. The business demonstrates a strong profit system, which can be further elevated with the right investment and strategic direction. Particularly, introducing a Chinese version of the karaoke could significantly increase the sales, tapping into the rich cultural diversity of the location. Included in the sale are all assets and inventory required to maintain the day-to-day operations. The owner is also committed to providing full training and support to ensure a smooth transition. This Karaoke business in Rowland Heights is a remarkable investment opportunity, promising steady revenue and significant growth potential. There's no better time than now to make a move and become the proud owner of a flourishing entertainment destination. Don't miss this rare opportunity. Contact Joey Kim at 2132551478 or bestjoeykim@gmail.com today for more details. Inquire now and take the first step towards owning a profitable and enjoyable business.

Los Angeles County, California
Month rent $1600: Beer And Wine Market
$ 79,000
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

Los Angeles County, California
Express Carwash - With Property
$ 8,680,000
CF : $ 720,000
An absentee-run express carwash with property is for sale. It is situated amidst Interstate freeways 10, 210, and 605, as well as State Route 57, enjoying heavy traffic and an excellent location. The lot size is 24,000 square feet with a building size of 2,400 square feet. According to the seller's disclosure, the net income per month is approximately $70,000, with monthly sales reaching $120,000. This opportunity is available for principals only, with no broker cooperation. Qualified buyers may explore the possibility of obtaining an SBA loan. NEEDED $3.5M DOWN PAYMENT
Recommended Blogs

Buying A Business
How The Landlord Makes Or Breaks The Deal And The Requirements For A Good Tenants Lease

Buying A Business
How To Buy A Gas Station That Pumps Out Profits - Tips For Buyers

Buying A Business
Buying A Restaurant: What Not To Do When Searching To Buy A Restaurant

Business Purchase Financing
Frozen Yogurt Shop For Sale Financing - Yogurt Store Purchase Financing Tips

Buying A Business
Things To Consider When Buying A Coffee Cart Small Business

Buying A Business
What Are Some Tips On Buying An Existing Bakery Small Business?

Buying A Business
Pop-Up Restaurants: Pro Tips For Starting Or Buying One

Buying A Business
Restaurant Buyers: Tips On Buying A Second Restaurant Location

Buying A Business
Liquor Stores For Sale: Does Location Really Matter?

Business Purchase Financing
6 Possible Untruths Told To Business Buyers When Buying A Small Business

Buying A Business
Buy A Convenience Store With Confidence - Tips For C-Store Buyers

Buying A Business
Moneymaking Convenient Stores For Sale - Finding The Best Location

Buying A Business
Buying A Liquor Store - 3 Questions To Consider Before You Purchase

Buying A Business
Don't Buy Restaurant Businesses Without Checking The Competition

How To Buy A Business
Retiring Baby Boomers And Their Effect On California Small Business Sales

Business Valuation Issues
Recycling Services: 3 Businesses That Will Turn Old Stuff Into New Money

How To Buy A Business
Tips On Buying A Beauty Supply Shop

Deal And Escrow Issues
Properly Prepared Purchase Agreements

Buying A Business
Buy Smoke Shops With An Earnings Stream: Answers To Buyers Questions

Business Valuation Issues
Interpreting Reported Earnings From Sellers