Korean Restaurant


Listing ID: 700142980

Listing Title: Korean Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=142980

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: Alabama


City: Montgomery

Asking Price Range: $250K - $500K

Gross Revenues: $675,000

Cash Flow: $164,450

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 1 - 3

Business 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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