Restaurant in OC with Evening Hour Operation - Business for Sale
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Korean Restaurant & Bar in South Orange County, CA
Hermosa Beach, CA, US
Added 3 months ago
Restaurant and Bar
Absentee / Semi-AbsenteeRetiring Owner
A Korean restaurant and bar with beer and wine license operates in a high-traffic shopping center in South Orange County, California, with evening hours and semi-absentee ownership.
Key Information
Asking
$750K
Revenue
–
Earnings
$240K
Multiple
3.1x
Key Highlights
- Monthly gross sales: approximately $133,233
- Monthly net income: approximately $20,000+
- Lease term: 2.5 years remaining at current location
- Premises size: 2,529 SF plus 168 SF permitted patio
- ABC License Type 41 (Beer & Wine) included
- Staffing: 4 full-time kitchen staff and 9 part-time front-of-house staff
- Base rent: $11,852.58 per month; NNN charges: $4,576.62 per month
- Payroll: approximately $25,000 per month
- Business is pre-qualified for SBA financing with as little as 10% down
Contact Info
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