Famous Korean Tavern/Duluth/Rapidly Growing/Unique Interior/Good Food

Asking Price$420,000

Cash Flow
$290,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$996,000

InventoryNot Disclosed

FF&ENot Disclosed

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Famous Korean Tavern/Duluth/Rapidly Growing/Unique Interior/Good Food


Asking Price$420,000

Cash Flow
$290,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$996,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This is a Well-Known Tavern, Famous for its Unique Interior and Great Food.
It is Popular Among Both Young Adults and the Middle-Aged Crowd.
Located in the Heart of Duluth, Right in Koreatown.
Sales have been Steadily Increasing Every Month, Even Recent Economy.
All Equipment Was Replaced about A Year Ago, SO There Will be NO Additional Repair or Equipment Costs After Taking Over.
It's Also Located in an Area Suitable for Lunch Service, Providing a Good Opportunity to BOOST Sales.
The Business is Stable And Easy to Manage, thanks to Loyal Regular Customers and Experienced Staff who Commute Independently.
About the Business
Facilities & Assets
Perfect for Tavern & Restaurant
Market Outlook / Competition
This is a Well-Known Tavern, Famous for its Unique Interior and Great Food.
Located in the Heart of Duluth, Right in Koreatown.
It's Also Located in an Area Suitable for Lunch Service, Providing a Good Opportunity to BOOST Sales.
The Business is Stable And Easy to Manage, thanks to Loyal Regular Customers and Experienced Staff who Commute Independently.
Opportunities for Growth
It is Popular Among Both Young Adults and the Middle-Aged Crowd.
Sales have been Steadily Increasing Every Month, Even Recent Economy.
All Equipment Was Replaced about A Year Ago, SO There Will be NO Additional Repair or Equipment Costs After Taking Over.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,990
Rent
$5,500.00 per month
About the Sale
Seller Motivation
New Business
Transition Support
Available
Listing Info
ID
2413510
Listing Views

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Business Listed by: Philip Kim National Representative Realty

Listing ID: 2413510 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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