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Recommended Businesses
Artesia, California
Korean Soondae, Jokbal restaurant: Low $2,756 month rent
$ 110,000
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
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
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
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
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.
Rowland Heights, California
$65,000:Noraebang in Roland Heights: Next to the Busiest K-BBQ
$ 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, California
Mexican Taco Restaurant in Hollywood, Los Angeles
$ 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
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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