LA Koreatown Pocha/Hof Bar for Sale – Great Opportunity for a New Owner

This is a well-located Korean-style pocha/hof (casual drinking spot) situated in the heart of LA Koreatown. The business is currently operating under a traditional Korean pocha concept, offering soju, beer, makgeolli, and a variety of popular Korean bar foods such as fried dishes, stir-fries, and spicy menu items, all in a lively and casual atmosphere. Current operating hours are from 6:00 PM to 12:00 AM, with strong potential to increase revenue by extending hours and enhancing the menu.

At present, the business operates only during evening hours and does not open for breakfast or lunch. Given the strong surrounding foot traffic from nearby restaurants, there is a clear opportunity to introduce coffee, boba drinks, and light dessert items to capture daytime customers and generate additional income.

In addition, while the business currently closes at midnight, there is flexibility to extend operating hours until 2:00 AM, allowing a new owner to capture late-night customers and further maximize revenue potential.

Please note that this is an asset sale and there are no formal financial records available, such as POS reports, Profit & Loss statements, or tax returns.

The new owner may continue operating under the existing concept; however, given the lack of financial documentation, this opportunity is also well-suited for a buyer who wishes to renovate, rebrand, or introduce a new concept tailored to their vision.

Business Details

*Size is approximately 1,250 square feet with 55 seats
*Rent is $3,200 base plus $2,000 CAM with a 3% annual increase
*Lease has approximately 1.5 years remaining with a 3-year option and new lease negotiable
*Monthly gross sales are approximately $23,000 to $24,000 with delivery around $4,000 and take-out around $5,000
*Staff includes 1 full-time employee at $20 per hour and 2 part-time employees at $17 per hour
*Owner is actively working full-time
*Established in January 2021
*Reason for sale is owner seeking rest
*Sale is cash only with no SBA financing
*Alcohol license is included

This is a prime Koreatown location with strong upside potential for an experienced operator or investor looking to increase revenue through operational improvements and concept repositioning.