Established highly profitable turn key Korean restaurant for sale

Charlottesville, VA
listing image
Asking Price:$449,500
Gross Revenue:$1,335,055
Rent:$2,300/Month
Cash Flow:$200,000
Inventory:$5,000
Established Year:2016
BUSINESS DESCRIPTION

Highly reviewed and recommended upscale atmosphered Korean restaurant & bar in busy location.
Offers a fresh and modern twist on classic Korean dishes. Each dish to order from scratch which allows to showcase authentic Korean and trendy street K-food with the freshest local ingredients.


DETAILED INFORMATION
Location
Charlottesville, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,650
Lease Expiration
31/01/2031
Employees
5
Competition
Korean culture appears to be the next major influence, with mouthwatering foods dominating the internet and K-pop enjoying enormous popularity.
Growth & Expansion
More staff and longer business operation hours. Currently open 6 days week
Financing
SBA
Reason for Selling
Other business
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Ann Kane
Ann Kane