Korean Restaurant Sales over 1.5 million a year! Semi Absentee.
Las Vegas, NV
| Asking Price: | $899,000 |
| Gross Revenue: | $1,526,000 |
| Rent: | $6,300/Month |
| FF&E: | $500,000 |
| Cash Flow: | $317,000 |
| Inventory: | $5,000 |
| EBITDA: | $242,000 |
| Established Year: | 2017 |
Listing ID: 2312988Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great Oppunty! Korean restaurant-like franchise concept.
In 2023, sales were over $1,500K, net over $300K, and it's an absentee-owner operation. The restaurant is a franchise concept from Korea, and the owner has another location in the LA area. The buyer can use the trade name in the location for five years.
Please send me the inquiry if you have further questions.
Proof of funds and NDA are required.
DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
30/03/2028
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully equipped kitchen and interior.
Competition
Unique, exceptional food concept.
Growth & Expansion
There has been an increase in online orders from Strip hotels, along with extended closing hours.
Financing
80% down 20% Seller's finance. SBA can be approved.
Support & Training
Four weeks training, 3 days a week
Reason for Selling
Another business.
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