Restaurant in OC with Evening Hour Operation - Business for Sale

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Korean Restaurant and Bar in South Orange County, CA

US
Added today
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
RemoteAbsentee / Semi-AbsenteeRetiring Owner

Korean restaurant and bar with evening operations located in a high-traffic shopping center in South Orange County, California.

Key Information

Asking

$750K

Revenue

Earnings

$240K

Multiple

3.1x

Key Highlights

  • Monthly gross sales: approximately $133,233
  • Monthly net income: approximately $20,000
  • 2,529 sq ft interior plus 168 sq ft permitted patio
  • ABC Type 41 (Beer & Wine) license included
  • Lease: 2.5 years remaining at current location
  • Base rent: $11,852.58/month; NNN charges: $4,576.62/month
  • Payroll: approximately $25,000/month
  • Staff: 4 full-time kitchen, 9 part-time front-of-house
  • Pre-qualified for SBA financing with as little as 10% down
  • Business operates with minimal owner oversight (semi-absentee)
  • Reason for sale: retirement

Contact Info

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