Asset Sale Opportunity – Family / Owner-Operated Restaurant

Asking Price: $100,000

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Asset Sale Opportunity – Family / Owner-Operated Restaurant


Asking Price: $100,000

Asset Sale Description
1. West LA County Area | Restaurant Opportunity in a Stable Shopping Center
Asset Sale Available | Concept Change Possible | Continue Current Operation

Strong Potential to Improve Profitability with Owner-Operated Structure

This is a Korean casual restaurant located in the West LA County area, situated in a stable shopping center with consistent foot traffic.

The business is currently operating under a Korean street food concept. A buyer may choose to:

Acquire the business and continue operating under the existing concept after receiving training, or

Purchase the business as an Asset Sale and rebrand with a new menu and restaurant concept of their choice.

2. Key Highlights – Significant Upside with Owner Involvement

According to the seller, the business is currently operated without direct owner involvement and is primarily employee-run. As a result:

Labor costs are relatively high, and

Sales and profitability have declined compared to the period when the owner was more actively involved.

The seller emphasizes the following points:

If a husband-and-wife team or family members operate the business directly, unnecessary labor expenses can be significantly reduced.

With limited owner oversight, sales control and cost management have been handled mainly by employees, resulting in lower operational efficiency.

Direct owner involvement would allow better control over:

Food ordering and inventory usage

Food cost management

Staffing efficiency and scheduling

Overall, direct owner operation offers a clear opportunity to reduce labor costs, improve efficiency, and restore profitability.

3. Store Information

Size: 992 sq ft

Seating: Approximately 20 seats (with potential to add more by reconfiguring the layout)

Location: Stable shopping center with consistent traffic

4. Business Hours

Monday – Saturday: 10:00 AM – 8:00 PM

Sunday: Closed

The business is currently closed on Sundays, offering additional revenue potential by expanding operating days.

5. Lease Information

Total Monthly Rent: $4,784.94

Base Rent: $4,181.82

NNN: $605.12

Annual Rent Increase: 4%

Lease Term: Through March 31, 2026 + one 5-year option

Buyer may apply for a new lease if preferred

6. Staffing

Full-Time Employees: 2

Part-Time Employees: Approximately 5–6

Monthly Payroll: Approximately $22,000 – $25,000

Due to the owner’s absence, labor costs are currently higher than ideal.
Owner-operated management would allow staffing optimization and meaningful labor cost reduction.

7. Sales Performance

Past (up to ~3 years ago): Average monthly sales of approximately $80,000

Current: Average monthly sales of approximately $60,000

8. Net Income

Currently, due to high labor costs and lack of owner involvement,
monthly net income is under $5,000.

With direct owner participation, there is strong potential for meaningful profit improvement.

9. Additional Information

Business History: Approximately 10 years at the same location

Current Owner Tenure: Approximately 5 years

Reason for Sale: Owner is focusing on other business interests

10. Ideal Buyer Profile

A couple or family looking to operate the business directly

Buyers seeking to reduce labor costs and actively manage operations

Entrepreneurs interested in acquiring an asset sale and launching a new restaurant concept

Buyers who prefer to continue the existing Korean street food concept with established operations
About the Sale
Financing
Full cash
Listing Info
ID
2462310
Listing Views

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Business Listed by: Sinclair Kim BizDeal Realty

Listing ID: 2462310 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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