Korean restaurant-->LA Koreatown

Los Angeles, CA
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Asking Price:$229,000
Rent:$6,000
Gross Revenue:$95,000
BUSINESS DESCRIPTION

1. Store size: 1,000 sf
2. Business hours: 7am~4am( 7 days open)
3. Rent & Increase: $6,000, 2% per year
4. Lease & Deposit: 5+5 years, $18,000
5. No. of Employee: F 5, P 5($27,000)
6. How long owner work per week: Nothing
7. How long Estab: 11/2021
8. How long current owner: 11/2021
9. Reason for sale: Owner health problem
10. Gross sale: $95,000
11. Net income: $13,000
12. Asking price:$229,000
13. Comment:
This restaurant is in los angeles Koreatown. This restaurant has big potential. Because this restaurant is in much foot traffice plaza.
It has been operating for 6 months, and sales have already reached over $80,000. March sale amount is $85,000 and April sale amount is $93,000
The owner is trying to sell the restaurant due to health problems.
The owner is ready to receive a reasonable offer.
NO ALCOHOL LICENSE
MUST SEE!!!


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
10
Reason for Selling
Owner health problem
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Sinclair
Kim
Tree Realty
Sinclair Kim