Chinese Seafood Restaurant Absentee Owner Manager Run Non Chinese Owner Less than 8% Rent from Sales
Asking Price:   $539,000Inventory:   $25,000 **
Gross Revenue:   $2,000,000Real Estate:   n/a
Cash Flow:   $256,000FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Business at the location over 10 years and current owner runs 5years

Vey Very Well Known Famous Restaurant in the Area Near by UCLA, Beverly Hills, 10 Freeway and 405 Freeway area West Los Angeles

Over $2 Million Dollars sales Revenue for Last 2 years and Currently Makes Even Better

Credit Card Sales Itself throughout the year Close to $1.7 Million

YES ABOUT 1.7 MILLION DOLLARS CREDIT CARD SALES ITSELF

Easy To Verify Sales Volume and Expenses 12 to 13 % Net Income From Sales Volume

But A Lof of Room to Save If You as Buyer Who Has Restaurant Business Experience

How Reasonable and Accurate Percentage from Gross Sales Volume and Net Income

But Seller Run Like This Easy Going Over 35 employees with 2 Manager and Manager Assistant Controls A to Z

Owner does in and out for Check Signing

Monthly Average Sales Volume is about $166,600 Rent only $13,000 Including Cam Charge Only 7.8% Rent from Gross Sales Volume
WOW, SUPER, NOT EVEN 8%

Lease 5 years Remaining plus 5 Years Option Years Approx 4,500 square feet size $2.88 per Square Feet Including NNN It is Impossible to Find Less Than $3.00 per square feet Rent Including NNN IN West Los Angeles Area as You Knew.

Non Chinese Asian Owner Because All Manger and Employees Run

Reason for Selling is Owner Need to Go Back his Home Country Because of Their Family Business Expansion in Their Home Country


Asking Price Only $539,000 is About 2 Years Return On Sale Beer and Wine License Included

SUPER LOCATION / WELL KNOWN VERY VERY FAMOUS RESTAURANT / OVER $2 MILLION SALES PER YEAR

NON CHINESE OWNER / ABSENTEE OWNER/ 2 MANAGERS AND EMPLOYEES RUN


IF BUYER HAS GOOD FICO SCORE AND RESTAURANT EXPERIENCE, IT IS POSSIBLE TO GET $200,000 BUSINESS LOAN FROM BANK

wanna see it
CALL ME AT (213) 327-5400
OR EMAIL ME AT
jameskwonrealtor@yahoo.com

or GO DIRECT TO MY WEBSITE www.JamesKwonBroker.com from " CONFIDENTIALITY MENU " Complete N.D.A. Paper Works

then either Fax or Email to Us
About the Business
Employees:18 full time - 16 part time
Facilities:About 4,500 Square Feet
About the Sale
Reason For Selling:Seller Have to Go Back Home Country for Family Business Expansion
Attached Files - Attachment Disclaimer
CHINESE SEAFOOD RESTAURANT W.L.A.5 KView  |  Download

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Business Listed By
James Kwon  |  America Realty Los Angeles
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