Korean Tofu House, 16 Yrs Biz, Short Hours,retire, Renowned Biz In Oc.

Asking Price$269,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$420,000

Inventory$3,000
Not included in asking price
FF&E$50,000
Included in asking price
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Korean Tofu House, 16 Yrs Biz, Short Hours,retire, Renowned Biz In Oc.


Asking Price$269,000

Cash Flow
$60,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$420,000

Inventory$3,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
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.
About the Business
Years in Operation
17
Number of Employees
5
Opportunities for Growth
INCREASE TO 7 DAYS & INCREASE HOURS OF OPERATION.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$5,000.00 per month
Lease Expiration
2/28/2033
About the Sale
Seller Motivation
RETIRE
Listing Info
ID
2291084
Listing Views
649

Contact Seller

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Business Listed by: Jonathan Hwang CR Business Brokers

Listing ID: 2291084 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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