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Recommended Businesses

Los Angeles, California
Yearly net income $300,000 :Thai Restaurant in Los Angeles
$ 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, bestjoeykim@gmail.com today for more details. The future of this business holds immense promise, and it awaits its new owner.

Newport Beach, California
Coffee And Sandwich Restaurant next to beach pier
$ 590,000
CF : $ 144,000
Here's your opportunity to step into a profitable, established coffee and sandwich restaurant business in the beautiful, bustling city of Newport Beach, California. This business, which was established in 2019, is strategically located near the Balboa Pier, making it a favorite spot for locals and tourists alike. The business has been successfully run by an absentee owner, who only puts in 5-12 hours of work per week, demonstrating the potential for a hands-off investment or a full-time commitment for even greater revenue. This business has a proven track record with a stable average monthly gross sale of $57,700, generating an impressive yearly net income of $144,000. The asking price is $590,000, and a down payment of $240,000 is required. This investment presents an excellent opportunity for an SBA loan for eligible buyers. The lease terms are favorable, with a 4+5 year long-term lease in place. The sale includes a beer and wine license, opening up the possibility of expanding the business into a wine bar and creating additional revenue streams. The current owner is offering two weeks of support and training after the closing of escrow to ensure a smooth transition. The business has already attracted significant attention, amassing over 30,010 page views, and currently has an active status. This is a rare opportunity to acquire a well-established, profitable coffee and sandwich restaurant in a prime location. Contact broker Joey Kim today for more details. Don't miss

Artesia, California
Korean Soondae, Jokbal restaurant with beer and wine license, excellent location
$ 120,000
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, bestjoeykim@gmail.com

Huntington Beach, California
Yearly gross $1M: Japanese sushi in Huntington Beach
$ 175,000
CF : $ 120,000
Delve into the lucrative world of the culinary business with this well-established Japanese Sushi restaurant, prominently located in Huntington Beach, California. This gem in the heart of Orange County is renowned for its mouth-watering sushi and Japanese cuisine, attracting a steady stream of loyal patrons. Operating six days a week with Tuesdays off, the restaurant generates a robust monthly net income of $10,000 and boasts a monthly revenue of $78,000. Holding a valuable beer and wine license, the establishment offers an appealing dining experience, contributing to its steady cash flow. Its prime location, adjacent to a bustling Starbucks, ensures high footfall and visibility. The restaurant is also pre-qualified for an SBA loan, making it an attractive investment for those seeking financial assistance. The current owners are looking to retire, presenting a fantastic opportunity for an enterprising buyer to capitalize on this profitable venture. The acquisition includes comprehensive training and support, making it an ideal choice for first-time sushi restaurant buyers. If you have a passion for the restaurant industry and a desire to own a profitable business in a desirable California locale, don't miss this rare opportunity. Lower your payroll expenses by stepping in as a sushi chef, or manage an expert team. Contact broker Joey Kim 213 255 1478 , bestjoeykim@gmail.com today for more details about this thriving Japanese sushi restaurant. This is a golden chance to own a profitable business in one of California's most sought-after locations. Don't let this opportunity pass you by – inquire now!

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

Camarillo, California
Yearly net income $180,000 : Mediterranean fast food
$ 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

Orange, California
Liquor store, Wine Tasting Bar with full kitchen, absentee run
Call/Email
Uncover a remarkable business opportunity in Orange County, California - an absentee-run Liquor Store and Wine Tasting Bar available for sale. This established business, which opened its doors in 2019, is a profitable venture with a generated revenue of $1,900,000. This spacious store spans 4100 sq. ft and is equipped with a full kitchen, a wine bar, and a deli, offering great potential for further growth and diversification. A considerable investment of over $800,000 has been made, exhibiting the premium quality of the store's infrastructure and design. This investment is reflected in the business's increasing sales, despite its opening right before the pandemic. The store operates six days a week with the support of one full-time and ten part-time employees, making it an ideal opportunity for those seeking an absentee-run or semi-absentee-run business. Should you require further assistance, two weeks of training will be provided after the closing of escrow. The lease terms include an attractive 7+10-year option, ensuring business stability. Additionally, the inventory, approximately valued at $100,000, is included in the asking price. Being located in the vibrant area of Orange County, this business benefits from high visibility and foot traffic. Don't miss this rare opportunity – inquire now to explore the potential of this thriving business. For further information, please contact the broker, Joey Kim, at +12132551478 or via email at bestjoeykim@gmail.com

Los Angeles, California
Monthly gross $110,000 Coin Laundry - With Property
$ 8,200,000
CF : $ 600,000
Presenting an exceptional opportunity to acquire a high-volume coin laundromat business in the bustling city of Los Angeles, California. This laundromat is not just a business, but also includes property with a lot size of 25,740 square feet and a building size of 5,520 square feet. The business boasts a monthly average sales figure of approximately $110,000, resulting in a net income per month of $50,000. The laundromat is equipped with brand-new, state-of-the-art machines, offering top-notch services to its customers. With an asking price of $8,200,000, this business is SBA loan pre-qualified for the right buyer, requiring a down payment of $4 million. This operation is absentee-run, managed by three full-time employees, offering the new owner the flexibility of oversight or involvement in daily operations. Training and ongoing support are provided, ensuring a smooth transition. Located in Los Angeles County, this laundromat benefits from excellent visibility and abundant parking, adding to its allure for customers. With consistent revenue of $1,320,000 and a cash flow of $600,000, this business presents a lucrative investment opportunity in the service sector. Sales volumes are on an upward trajectory, indicating significant growth potential for the future. This is a remarkable opportunity to own a profitable business with real estate included in one of California's thriving markets. Interested parties are urged to reach out to broker
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