Established Korean Restaurant Owner Retiring

Washtenaw County, MI

Seller Financing Available

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Asking Price:$210,000
Gross Revenue:$499,417
Rent:$4,100/Month
Established Year:2008
Cash Flow:$85,318
Inventory:$3,000
FF&E:$50,000
BUSINESS DESCRIPTION

Capture the vibrant flavors of Korea with this exceptional opportunity to own a well-established Korean restaurant in the prime location of Ann Arbor. Boasting impressive sales figures, this business presents immense potential for further growth through strategic digital marketing initiatives. While the restaurant currently thrives on positive word-of-mouth, envision the exponential expansion that can be achieved by transforming it into a sought-after food franchise.

In addition to the authentic Korean cuisine that forms the heart of the menu, you can seize the opportunity to diversify and tantalize taste buds by incorporating delectable sushi and Chinese food items. Extend your reach by extending operating hours, including Sundays, to cater to a wider range of customers. By securing a liquor license, you'll open up new avenues for revenue and offer a complete dining experience to patrons.

With the owner ready to retire, you'll have the unique advantage of receiving comprehensive training and guidance to seamlessly take over the business and continue its legacy of excellence.

Don't miss this chance to immerse yourself in the thriving culinary scene. Embark on a flavorful journey by acquiring this remarkable Korean restaurant, and unlock a world of possibilities in the realm of gastronomy.

Its been the same restaurant before this owner
There is only one another Korean Restaurant close by.


DETAILED INFORMATION
Location
Washtenaw County, MI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There is very little to no competition, do good customer service and you will continue to thrive
Growth & Expansion
You can add other Sushi and Chinees menu, open late and on Sundays, Do social and digital marketing- right now its mouth
Financing
Only to a qualified buyer
Support & Training
4 weeks
Reason for Selling
retirement
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Vikas
Kukreja
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Vikas Kukreja