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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Alabama Businesses For Sale Categories   >>   

Korean Restaurant

Location  Alabama,United States
Asking Price Range  $250K - $500K
Gross Revenues  $675000
Net Profit / Cash Flow  $164450
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Personal.
Description  City's best Korean restaurant. Here is your chance to own the largest and most attractive Korean restaurant in town. Great location, in a large shopping center, on a major highway, with a high volume of traffic. Owner spent over $400,000 on the beautiful decor and equipment for this restaurant which seats 180 people. This restaurant has been very profitable for 6 years and even in a down economy owners are netting more than $150,000 per year. Huge potential to generate more revenue by offering catering and take-out orders, which they do not currently offer because the owner is tired and ready to retire. Unique situation, this town has a large Korean population because of 2 major car manufacturers and their suppliers. Obviously, a new owner could turn this 5,000 sq.ft. into a different type of cuisine. Contact for more information on this korean restaurant for sale.
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