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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

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

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

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.

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

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

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, 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
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