Price: $198,000
Location: San Diego County, CA
Industry: Miscellaneous Restaurants and Bars
Listing ID: 01985442JH
Listing Status: Reduced Price
Listing ID - 01985442 JH
Profitable Korean Fried Chicken Restaurant for Sale
Location: Busy strip center in San Diego North County
Rent: $6,800 per month (including NNN)
Lease: 1,650 sq ft with a 4-year term plus 5 years option
Features:
Fully equipped kitchen with type 1 hood
Unit cooler/freezer
Large 500-gallon grease trap outside kitchen
Beer & wine license / Type 41
Business Details:
Currently absentee-run by 7 employees
Monthly avg sales: $40,000
Monthly avg profit: $7,500
Opportunity:
Potential for increased profit if owner self-runs
Turn-key business with established customer base
Down Payment: $198,000
Total Sales: $480,000
Cash Flow: $90,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: $3,000
Inventory Included: No
Year Established: 2023
Owner Hours Per Week: Help Run
Non-Owner Payroll: N/A
Employees: 7
Absentee Owner: Yes
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $6,800
Type of Location: Strip Center
Square Footage: 1650
Reason For Sale: Partnership
