Boba And Fried Chicken – High Vol & Net – Type 41

Price: $348,000

Location: Carlsbad, CA

Industry: Miscellaneous Restaurants and Bars

Listing ID: 01985443JH

Listing Status: Reduced Price

Description

Listing ID - 01985443JH

Profitable Korean Fried Chicken Rest / Boba

Location: Busy strip center in Carlsbad, CA.

Rent: $9,100 per month (including NNN)

Lease: 1,380 sq ft with a 4-year term plus option to renew

Features:

Fully equipped kitchen with type 1 hood

Unit cooler/freezer

Grease trap outside kitchen

Beer & wine license included

Business Details:

Currently absentee-run by 2 Ft / 5 Pt employees

Monthly avg sales: $60,000

Monthly avg profit: $10,000

Opportunity:

Potential for increased profit if owner operated.

Turn-key business with established customer base

LISTING DETAILS

Down Payment: $348,000

Total Sales: $720,000

Cash Flow: $120,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $3,000

Inventory Included: No

Operation

Year Established: 2020

Days & Hours of Operation: 7 Days (11am to 9pm)

Owner Hours Per Week: Help Run

Non-Owner Payroll: N/A

Employees: 7

Absentee Owner: Yes

Lease Option: 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $9,100

Type of Location: Strip Center

Square Footage: 1380

Summary

Reason For Sale:

Family

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LISTING OWNER