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Listed by:

BTI Group

Broker license number: 01152802

Korean BBQ Thai And Hawaiian Restaurant For Sale

Monterey Peninsula, California
Asking Price:
$150,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
Under $50K (USD)

This Korean BBQ restaurant also serves tasty Thai & Hawaiian cuisine. Owners remodeled restaurant to a Hawaiian Theme. Well located in a ‘restaurant shopping center,’ off a major street. Fully equipped kitchen: 2 stoves, grill, & dish washing machine and more.
It’s only open 4 ½ weekdays due to one owner’s poor health and the owners working outside special food events. This part of the business is not included in the sale. It’s also closed a month each year for vacation. There’s an opportunity for a new owner to add weekend patrons and more hours.
The café has been awarded “Best Korean Restaurant in the County” by a local publication, as well as getting a Gold Seal award from the Health Department. It seats 35, has very low rent & a large parking lot. Other cuisines could work here except for Chinese, Mexican, Italian or French which are already present in the shopping center.

Property information

Real Estate:

Lease

Lease Terms:

$1300/ month expires 4/30/19

Leasehold Rent:

$15,600 (USD) per annum

Location:

located off a major 4 lane street, with several other restaurants around a large central parking lot.

Premises Details:

1140 SF, 35 seat fully equipped restaurant located off a major 4 lane street, with several other restaurants around a large central parking lot. Two stoves, grill, refrigerators, freezers, much more. Lease $1300 expires 4/19

Size in square feet:
1,140
Planning Consent:

operating as a restaurant

Business Operation

Expansion Potential:

New owners can increase revenue opening weekends and extra month

Reasons for selling:

health problems

Trading hours:

M,Tu,Th,F:10:30-8:30. W to 2:30. Closed Sat/Sun

Employees:
PT 2
Years established:
13

Other Information

Support & training:

1 week 15 hours

Related Documents:

Contact Information

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