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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.

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Busy Korean Bbq & Restaurant / Cafe - Karaoke Next Door

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $660000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  6 - 9
Inventory  150000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Owner can provide training. Very easy to run.
Reason for Sale  Health problems...can no longer run.
Description  2 RESTAURANTS FOR SALE! (Can connect to make 1 big restaurant or keep it as individual restaurants.) 1) SUCCESSFUL KOREAN BBQ RESTAURANT FOR SALE! (CAN CONVERT TO ANY TYPE OF RESTAURANT) HOT LOCATION LOCATION LOCATION! Located on WILSHIRE BLVD. in the heart of Koreatown, Los Angeles. Asking Price $299,000 (Spent $700k) Lease Term: 2 Years. (Possible to get 5+5 years) Size: 3600 Square Feet. Rent: Approx. $7000. Monthly Gross: Approx. $50,000-60,000 Inventory included around $150,000 worth. Beer and Wine license. 3 TELEVISIONS mounted on the walls. EXCELLENT CONDITION & VERY CLEAN. $700,000 SPENT IN REMODELING, FIXTURES, & DESIGN. Acclaimed decorating and design. 22 Custom Round stainless steel TABLES with Center GRILL & HOOD--flew in from Korea. Dining room seats up to 130. Parking lot in REAR with attendants, security guard and also street parking. Excellent ratings for food...GREAT YELP REVIEWS. Includes all kitchen equipment. 6-burner range Walk-in refrigerator large range hood deep fryer Rice-cooker teapots- everything you need. 2) Cafe/Restaurant/Bar/Karaoke NEXT DOOR to the BBQ restaurant. Asking Price $150,000 (Spent $500k) Established for over 10 years. (Great reviews on yelp. Just changed the business name but can change back.) Lease Term: 2 Years. (Possible to get 5+5 years) 14 Marble tables with Center Grill & Hoods over the tables. Seats 70-80 downstairs. Upstairs: 2 karaoke rooms that fit 14 people. Has a U-Shaped Bar with 15 bar stools seating. Size: 2500 Square Feet. Rent: Approx. $5400. Beer and Wine license. Entertainment: Karaoke & 2 karaoke rooms. 3 Televisions mounted on the walls. $500,000 SPENT IN REMODELING, FIXTURES, & DESIGN. Acclaimed decorating and design. Good possibility for franchising concept. Call 323-250-3777 for more information.
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