The Top High-End Elite Korean Barbecue & Bar Restaurant in the State!

Asking Price$1,470,000

Cash Flow

EBITDA$393,171

Gross Revenue$2,557,404

Inventory$43,783
Included in asking price
FF&E$12,076
Included in asking price
Real EstateNot Disclosed

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The Top High-End Elite Korean Barbecue & Bar Restaurant in the State!


Asking Price$1,470,000

Cash Flow

EBITDA$393,171

Gross Revenue$2,557,404

Inventory$43,783
Included in asking price
FF&E$12,076
Included in asking price
Real EstateNot Disclosed

Business Description
Imagine yourself as the proud owner of this award-winning Korean barbecue and premium bar restaurant in Mecklenburg County. You'll step into a thriving business that's already built an incredible reputation - we're talking Wine Spectator Two Glass Award and Best Taste winner at the local restaurant competition.

What makes this opportunity so special? You're getting a restaurant that's mastered the art of Korean barbecue with top-tier meats that keep customers coming back. The craft cocktail program adds serious profit margins, and the upscale ambiance creates an experience people are willing to pay premium prices for.

Here's what you'll love about the operations: the current owners only spend 15 hours per week on-site, making this perfect for a semi-absentee owner like yourself. The loyal customer base is already established, so you're not starting from scratch. You're inheriting years of relationship-building and brand development.

The financial picture is strong with high profitability already proven. This isn't a turnaround situation - it's a well-oiled machine that's ready for your leadership. The prime location gives you built-in foot traffic advantages.

You'll be taking over a business that stands out in the competitive restaurant industry. The combination of authentic Korean barbecue expertise, premium bar service, and award recognition creates multiple revenue streams and customer loyalty that's hard to replicate.

This is your chance to own a restaurant that's already proven its concept and profitability. The foundation is solid, the reputation is established, and the growth potential is in your hands.
About the Business
Years in Operation
6
Employees
23 (14 Full-time, 9 Part-time)
Facilities & Assets
This upscale Korean barbecue and premium bar restaurant is a turnkey operation in a prime, high-traffic location. Boasting 4,919 sq ft of stylish interior dining space and a 460 sq ft outdoor eating area, it features top-of-the-line built-in grills at each table, an open kitchen, and a sleek bar serving craft cocktails. Featuring total inside seating capacity of 169, along with additional seating capacity of 24 outside. Fully equipped with elegant furnishings, this ready-to-operate venue offers a refined dining experience and strong investment potential.
Market Outlook / Competition
Korean barbecue is rapidly gaining popularity, appealing to a wide and growing customer base seeking interactive and flavorful dining experiences. This elite Korean barbecue and premium bar restaurant stands out as the only upscale concept of its kind in the local market. With no direct competition offering the same high-end food quality, service, and ambiance, it enjoys a distinct market advantage and is uniquely positioned to capitalize on this rising culinary trend.
About the Sale
Seller Motivation
Owners have other business ownership (Not in the Restaurant Industry).
Transition Support
As part of the transition, the owners will offer complimentary training to the buyer for 30 days, up to 20 hours per week, ensuring a smooth handover of operations. Additionally, they will provide ongoing support via phone for up to one hour per week over the subsequent five months.
Listing Info
ID
2410926
Listing Views
673

Contact Seller

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Business Listed by: Scott Todd Todd Business Solutions of the Carolinas

Listing ID: 2410926 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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