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

Price: $65,000

Location: Orange County, CA

Industry: Restaurant and Food

Listing ID: 01985524JH

Listing Status: New

Description

Korean Tofu Restaurant – Asset Sale | Full Kitchen | 2nd Generation Well-established Korean Tofu Restaurant located in a high-traffic shopping center. The owner has successfully operated the business for 16 years and is selling due to medical reasons.

Approximately 1,500 sq. ft. with rent of $5,000/month (including CAM). Lease has 4 years remaining with a 5-year option to extend. This is a 2nd generation restaurant featuring a fully equipped commercial kitchen and a Type 41 Beer & Wine License. There is potential to increase sales by expanding operating hours and opening seven days a week.

As-Is, Asset Sale
Cash Offers Only
Firm Asking Price
Listing: 5524 JH

LISTING DETAILS

Down Payment: $65,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Inventory Included: No

Operation

Year Established: 2008

Year of last Acquisition: 16

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

Location

Real Estate: N/A

Monthly Rent: $5,000

Type of Location: Strip Center

Square Footage: 1500

Relocatable: No

Summary

Reason For Sale:

Retire

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LISTING OWNER