Korean BBQ Thai & Hawaiian Restaurant, Monterey Peninsula

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Asking Price:
$130,000

Gross Revenue:
$192,700
Cash Flow:
$23,068
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Korean BBQ restaurant also serves tasty Thai & Hawaiian cuisine. Owners remodeled restaurant to a Hawaiian Theme. Well located in a ‘restaurant shopping center,’ off a major street. Fully equipped kitchen: 2 stoves, grill, & dish washing machine and more.
It’s only open 4 ½ weekdays due to one owner’s poor health and the owners working outside special food events. The catering part of the business is not included in the sale. It’s also closed a month each year for vacation. There’s an opportunity for a new owner to add weekend patrons and more hours.
The café has been awarded “Best Korean Restaurant in the County” by a local publication, as well as getting a Gold Seal award from the Health Department. It seats 35, has very low rent & a large parking lot. Other cuisines could work here except for Chinese, Mexican, Italian or French which are already present in the shopping center.

For best service e-mail. M1802

About the Business

Location:
Monterey County, California
Year Established:
2005
Number of Employees:
PT 2
Facilities:
1140 SF, 35 seat fully equipped restaurant located off a major 4 lane street, with several other restaurants around a large central parking lot. Two stoves, grill, refrigerators, freezers, much more. Lease $1300 expires 4/19
Growth & Expansion:
new owners can immediately increase revenue by staying open weekends, more hours, all year long
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About the Sale

Reason For Selling:
health problems
Training/Support:
1 week 15 hours

Listing Info

ID:
1513501
Ad Detail Views:
739

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Business Listed by

Michael Floorman

BTI Group Inc.
License# 01160661

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