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Korean Restaurant
Location: United States -> Alabama -> Montgomery
Industry: Food and Beverage > Other Food and Beverage




Business Summary

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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $675,000
Cash Flow:   $164,450
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Personal.




Print Listing Id: 700142980
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Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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