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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
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Los Angeles, California
$25,000 month net income:Thai Restaurant in Hollywood
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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 today for more details. The future of this business holds immense promise, and it awaits its new owner.
Orange County, California
Express Carwash - With Property, High Traffic
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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
Irvine, California
$55,000 asking Shoe And Luxury Brands Bag Repair Shop in Irvine
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Grasp the golden opportunity to acquire a well-established shoe and luxury brand bag repair shop, located in the vibrant city of Irvine in Orange County, California. This noteworthy business has been successfully run by the current owner for 35 years, forging a solid reputation for its high-quality services, which has translated into a loyal customer base. The business boasts a consistent annual revenue of $144,000 and a healthy adjusted net income of $72,000, offering a highly lucrative venture for potential buyers. The asking price of $55,000, which includes tangible assets, is a testament to the excellent value this business offers. The business operates only 4 1/2 days per week, offering a new owner the perfect work-life balance. The current owner, preparing for retirement, is offering a minimum of two months of training and support to ensure a smooth transition. This support will provide an invaluable insight into the industry and the unique customer base the business serves. Situated in the heart of Irvine, the location provides prospective buyers with the perfect mix of a profitable business and a desirable lifestyle. The semi-absentee run nature of this business further accentuates its appeal, particularly for those seeking a business that doesn't require a full-time commitment. This retail business offers a unique blend of substantial income, growth potential, and a prime location. Don't miss this rare chance to own a thriving business in a flourishing industry. If you're interested in becoming the proud owner of this lucrative business. Please contact Broker Joey Kim 213 255 1478.
Los Angeles, California
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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
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 County, California
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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
Mission Viejo, California
6 days open very profitable Japanese Ramen, Curry, Omurice
$ 300,000
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This thriving Japanese restaurant, specializing in delectable curry and omurice dishes, is available for purchase in the heart of Orange County, California. Generating an impressive annual revenue of $660,000, this established eatery has become a local favorite, operating six days a week and offering substantial growth potential. Located proximate to a bustling medical complex and directly opposite a college and residential area, this restaurant is ideally situated to attract a diverse customer base. With the added bonus of being just 15 minutes from Irvine, the potential for both dine-in and takeout customers is immense. The restaurant boasts a monthly net income of approximately $15,000, making it an appealing opportunity for both seasoned and first-time business owners. The asking price of $300,000 includes all assets and the seller provides a generous two weeks of training following the closing of escrow to ensure a smooth transition. This is not an absentee-run business, hence the new owner can expect to be actively involved, which will provide them with more control and potentially higher net cash flow. With ample parking available and a semi-absentee run operating model, this restaurant maintains a steady flow of customers and generates consistent profits. The reason for sale is the owner's relocation for a bigger business, making this a unique opportunity to own a thriving restaurant in a prime location. Don't hesitate to seize this rare opportunity – contact the broker today for more details.
Long Beach, California
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Positioned in the heart of Long Beach, California, this profitable Car Stereo and Alarm Shop is an opportunity you wouldn't want to miss. Nestled among numerous car dealerships, it attracts an impressive customer base and boasts a revenue of $1,200,000. The business has thrived for over 35 years and offers a semi-absentee run model, allowing owners to maintain a balanced lifestyle. The property spans a generous 13,056 square feet, with the store itself occupying 984 square feet. This ample space provides potential for further growth and diversification into other automotive-related services. The business is a pillar of stability, consistently generating an adjusted net profit of $300,000 annually. Furthermore, the business includes a plethora of assets, such as a massive inventory of car audio and accessories worth approximately $150,000. These assets are available for separate purchase and can significantly enhance the new owner's financial prospects. A distinct advantage of this business is that it comes with a real estate ownership option. This is not just a business; it's a valuable piece of real estate in a prime location. For those interested in obtaining an SBA loan, the business is pre-qualified, making the acquisition process smoother. As the current owners are looking to retire, they are committed to providing comprehensive training and support to ensure a seamless transition. This is a rare opportunity to own a profitable business with significant growth potential in California's thriving automotive services industry.
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