Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Corona, Riverside County, California
Asking Price
$270,000
Revenue
$760,000
Down
$140,000
Cash Flow
$120,000
Name: Joey Kim
Phone: Show phone number
Name
Joey Kim
Phone
Show phone number
Posting ID:
269809
Attributes:
Absentee Run
Owner/Seller Financing
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Recommended Businesses
Anaheim, California
Thai or Taiwanese Restaurant - Excellent Location
$ 55,000
CF : $ 84,000
Seize the opportunity to own a thriving Asian restaurant in the heart of Orange County, California. This well-established business boasts a robust annual revenue of $420,000 and a substantial cash flow of $84,000, making it a lucrative investment for any aspiring restaurateur. The restaurant is ideally located in Anaheim Hills, a mere five-minute drive from the renowned Anaheim Hills Golf Course. With its sizeable 2,100 square feet of space, this restaurant has ample room to accommodate a bustling customer base. The rent is highly competitive for the area, at just $7,100 per month including NNN, offering excellent value for such a prime location. For over 20 years, the current owner has successfully operated this Taiwanese eatery, building a strong reputation and loyal client base. The sale is now prompted by the owner's desire to retire, offering a unique opportunity for a new owner to take over a thriving business with proven profitability. The restaurant's inviting atmosphere and authentic cuisine have made it a popular choice for both locals and tourists. Its versatile setup allows for potential expansion into other cuisines such as Thai, Taiwanese fusion, or Korean fried chicken, providing significant growth potential for the new owner. Included in the sale is a walk-in cooler among other tangible assets, and the business is offered as an "as-is" sale. The lease terms are favorable, with a 5-year term plus a 5-year new lease option (based on the buyer's credit & financial records
Los Angeles, California
High Net Income, thai Restaurant in Hollywood
$ 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 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
Los Angeles, California
Coin Laundry - With Property, Absentee Run
$ 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
Anaheim, California
Boba Tea Franchise - Next To Disneyland
$ 200,000
CF : $ 132,000
Presenting a prime opportunity to invest in a thriving Boba Tea Franchise, located in the heart of Anaheim, California, right next door to the world-renowned Disneyland. This popular establishment, specializing in delightful beverages and signature offerings such as banana Nutella waffles, draws a steady stream of customers looking for a refreshing treat. Situated in a bustling location within a mall, this franchise boasts a substantial annual revenue of $360,000 and a cash flow of $132,000, demonstrating a solid financial performance. The premises, covering a comfortable 1,025 sq. ft, are well-maintained and inviting, ensuring a pleasant experience for patrons. This franchise is currently semi-absentee run, offering significant potential for growth should an operating owner step in. A strategic buyer can leverage the strong brand reputation, prime location, and existing customer base to drive further revenue growth. The asking price for this enticing business opportunity is $200,000 with a down payment of $189,000. The sale includes two weeks of comprehensive training following the closing of escrow, ensuring a smooth transition for the new owner. Despite the business's impressive performance, the current owner has decided to sell due to a partnership issue. This presents a rare chance for an interested buyer to capitalize on the hard work and success already achieved. Don't let this opportunity pass by. Contact the broker, Joey Kim, today for more details at +12132551478 or via email at best
Los Angeles County, California
Beer And Wine Market - Very High Margin
$ 75,000
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, California
Mexican Taco Restaurant in PRIME LOCATION 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. This is a unique
Los Angeles County, California
Izakaya And Sushi Bar - Absentee Run, High Sales
$ 1,980,000
CF : $ 660,000
Located in the heart of California’s bustling San Fernando Valley, this thriving Izakaya and Sushi Bar has become a culinary landmark in the area, attracting food enthusiasts and sushi aficionados alike. Operating successfully on an absentee-run model, this high-revenue business rakes in an impressive yearly sales figure exceeding $3 million and a monthly net income of $50,000, making it a highly profitable venture for potential buyers. The asking price is set at $1,980,000, with the possibility of securing a business acquisition loan for qualified buyers, making the initial down payment a reasonable $590,000. This outstanding opportunity also comes with the assurance of pre-qualification for an SBA loan. Located in a bustling commercial district that is a hub for tourism and the film industry, the business has tremendous growth potential. With a high visibility location, this restaurant is ideally positioned to leverage the heavy footfall and capitalize on the booming local economy. The business boasts multiple attributes adding to its appeal, including a liquor license and the availability of training and support for the new owner. As a testament to its success, this listing has gained significant attention with 1700 page views and seven messages from interested parties. The business's reputation for excellence in the domain of Asian and Japanese cuisine, particularly sushi, is reflected in its strong revenue figures. The sale includes the fully-equipped restaurant, set up for immediate operation by the new owner. Don't miss this rare opportunity to own a profitable, established restaurant
Recommended Blogs
Business Valuation Issues
Workshop: How To Value & Sell Your San Francisco Restaurant Or Bar
Buying A Business
How The Landlord Makes Or Breaks The Deal And The Requirements For A Good Tenants Lease
Buying A Business
Three Stage Checklist For the Buyer
Deal And Escrow Issues
Buying A Bar - Due Diligence Issues & 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
How to Buy a Yogurt Business - Three Guidelines
How To Sell A Business
Selling A Business Online - Common Mistakes To Avoid
Business Purchase Financing
6 Possible Untruths Told To Business Buyers When Buying A Small Business
How To Sell A Business
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Business Purchase Financing
Frozen Yogurt Shop For Sale Financing - Yogurt Store Purchase Financing Tips
Deal And Escrow Issues
Life (or Death) Of An Orange County Restaurant Deal
Buying A Business
How To Create A Business Plan For A Small Business
Buying A Business
5 Tips To Help You Sell Your Deli
Buying A Business
3 Things To Consider Before You Buy Bar Establishments
Business Broker Information
Should Owners Hire Agents To Sell Business Listings?
Deal And Escrow Issues
Selling A California Small Business? This Checklist Will Determine Your Success
Buying A Business
Buy A Convenience Store With Confidence - Tips For C-Store Buyers
Buying A Business
Allocation Of The Purchase Price When Selling A California Small Business