Korean Tofu House, 16 Yrs Biz, Short Hours,OC Area
Not Disclosed, CA Orange County
Request More Information Contact the Seller
- RE: Korean Tofu House, 16 Yrs Biz, Short Hours,OC Area
- Contact: Jonathan Hwang
- License #: 01995716
Quick Facts
| Asking Price: | $269,000 | |
| Annual Revenue: | $420,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 5 | |
| BBN Listing #: | 978828 | |
| Broker Reference #: | 5524 JH |
Business Overview:
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RetireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
