K-FOOD Restaurant
| Asking Price: | $239,000 |
| Gross Revenue: | $720,000 |
| Cash Flow: | $193,500 |
| Rent: | $6,325 |
1. Restaurant Overview
* Operating period: 30 years
* Current owner's operation period: Since June 2019
* Reason for sale: Retirement
* Features: Long-term loyal customers, stable revenue structure
2. Store Information
* Business type: Korean restaurant
* Store size: 1,300 square feet, 40 seats
* Business hours: 10 AM ~ 8:30 PM (closed on Sundays)
* Rent & Increase: $6,325, 3% annual increase
* Lease period & Deposit: 3+5+5 years, $10,000 security deposit
* Number of employees: 3 full-time, 3 part-time (monthly payroll $14,000)
3. Monthly Profit and Loss Summary
* Monthly gross sales: $60,000
* Cost of goods sold (COGS): ($12,000)
* Gross profit: $48,000
* Monthly expenses: ($31,870)
* Net income: $16,130
4. Additional Information
* SBA loan available: 70% loan available with 30% down payment
* Alcohol license: Not available
* Asking price: $239,000
This restaurant is located in Koreatown, Los Angeles. For inquiries, please feel free to contact us.
