Price: $65,000
Location: Orange County, CA
Industry: Other Restaurants and Food
Listing ID: 01985539EL
Listing Status: New
Situated in the heart of Orange County, this well-known Korean corn dog restaurant offers a variety of delicious menu items that have garnered a loyal customer base. Located in a bustling shopping center with major anchor tenants, the business benefits from heavy foot traffic and consistent patronage from shoppers and locals alike.
The current owners have invested nearly $200,000 to establish this modern, fully equipped location. Due to a partnership separation, this turnkey operation is now ready for a hands-on owner-operator to take over. The new owner has the flexibility to either continue operating under the current franchise or rebrand the space with a new concept.
The kitchen is fully equipped with a hood, walk-in cooler, and freezer, making it suitable for various types of culinary operations. Currently, the business is managed by a team of seven employees and a full-time manager, while the owner remains absentee. Replacing the manager with the owner-operator could immediately boost cash flow and profitability.
This is an excellent opportunity to step into a well-established business in a prime location and make it your own!
Down Payment: $65,000
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $25,000
FFE Included: Yes
Inventory: N/A
Year Established: 2022
Days & Hours of Operation: M - Sun: 11 am - 7:30 pm
Owner Hours Per Week: Help Run
Non-Owner Payroll: N/A
Employees: 8
Absentee Owner: No
Real Estate: N/A
Monthly Rent: $4,600
Type of Location: Shopping Center
Square Footage: 1164
Relocatable: No
Reason For Sale: Partnership Separation