Location: Los Angeles, CA
Industry: Juice Bars
Listing ID: 01985265JH
Listing Status: Reduced Price
Listing ID - 01985265JH
* SELLER FINANCING AVAILABLE FOR QUALIFIED BUYER *
This Kung Fu Tea & TKK Fried Chicken franchise is located in a prime spot next to UCLA.
Established less than a year ago, this business features a fully equipped kitchen with brand new appliances, and a beautifully designed space that spans 1350 square feet without any leasehold improvement costs.
Offering a unique blend of hot and cold drinks, as well as delicious fast food options, this location has enormous potential for a hands-on operator to succeed.
Due to the seller's health concerns, they are motivated to sell and welcome fair offers for an "as-is, asset sale."
The seller is also offering financing options, up to 30% of the price, amortized over 3 years with a 6% interest rate.
This is a fantastic opportunity for someone to own a thriving business in a prime location.
Down Payment: $245,000
Total Sales: N/A
Cash Flow: N/A
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
Year Established: 2022
Days & Hours of Operation: 7 Days (11:30am to 9pm)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $9,200
Type of Location: Street Center
Square Footage: 1345
Reason For Sale: Partnership