Korean Tofu House, 16 Years of Business, Short Hours, OC Area

A well-established Korean Tofu House, located in a high-traffic shopping center, is now available for acquisition. The current owner, who has successfully operated the restaurant for 16 years, is preparing for retirement. The establishment occupies approximately 1,500 square feet, with a monthly rent of $5,000, inclusive of common area maintenance (CAM) charges. The lease agreement offers a remaining term of 4 years, with an additional 5-year extension option. There is significant potential to increase both sales and net profit by expanding operational hours and opening seven days a week. Currently, the restaurant operates on a limited schedule, serving lunch from 11:30 AM to 2:00 PM and dinner from 4:00 PM to 9:00 PM. The business holds a Type 41 Beer and Wine (B&W) license, enhancing its appeal to mix demographic customer base.

Down Payment: $265,000

Total Sales: N/A

Cash Flow: $60,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Inventory Included: No

Year Established: 2008

Days & Hours of Operation: 6 Days 11am 2pm to 4pm to 9pm./ Sunday Close.

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 5

Absentee Owner: No

Lease Option: 5 Years Option

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Strip Center

Square Footage: 1500

Relocatable: No

Reason For Sale:

Retire