Established Korean Restaurant Owner Retiring

Asking Price$210,000

Cash Flow
$85,318
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$499,417

Inventory$3,000
Included in asking price
FF&E$50,000
Included in asking price
listing imageSave

Established Korean Restaurant Owner Retiring


Asking Price$210,000

Cash Flow
$85,318
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$499,417

Inventory$3,000
Included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Capture the vibrant flavors of Korea with this exceptional opportunity to own a well-established Korean restaurant in the prime location of Ann Arbor. Boasting impressive sales figures, this business presents immense potential for further growth through strategic digital marketing initiatives. While the restaurant currently thrives on positive word-of-mouth, envision the exponential expansion that can be achieved by transforming it into a sought-after food franchise.

In addition to the authentic Korean cuisine that forms the heart of the menu, you can seize the opportunity to diversify and tantalize taste buds by incorporating delectable sushi and Chinese food items. Extend your reach by extending operating hours, including Sundays, to cater to a wider range of customers. By securing a liquor license, you'll open up new avenues for revenue and offer a complete dining experience to patrons.

With the owner ready to retire, you'll have the unique advantage of receiving comprehensive training and guidance to seamlessly take over the business and continue its legacy of excellence.

Don't miss this chance to immerse yourself in the thriving culinary scene. Embark on a flavorful journey by acquiring this remarkable Korean restaurant, and unlock a world of possibilities in the realm of gastronomy.

Its been the same restaurant before this owner
There is only one another Korean Restaurant close by.
About the Business
Years in Operation
17
Number of Employees
7
Market Outlook / Competition
There is very little to no competition, do good customer service and you will continue to thrive
Opportunities for Growth
You can add other Sushi and Chinees menu, open late and on Sundays, Do social and digital marketing- right now its mouth
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$4,100.00 per month
About the Sale
Seller Motivation
retirement
Transition Support
4 weeks
Financing Options
Only to a qualified buyer
Listing Info
ID
2123740
Listing Views
2268

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Vikas Kukreja Transworld Business Advisors of Ann Arbor-Farmington Hills

Listing ID: 2123740 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Washtenaw County Class C Liquor License
$85,000Washtenaw County Class C Liquor LicenseWashtenaw County, MI
Breakfast/Lunch Restaurant
$499,000Breakfast/Lunch RestaurantWashtenaw County, MI
Scramblers Restaurant
$150,000Scramblers RestaurantFeatured Franchise
Just Love Coffee Cafe
$150,000Just Love Coffee CafeFeatured Franchise
Baskin-Robbins Store
$130,000Baskin-Robbins StoreWashtenaw County, MI
Ziggi's Coffee
$150,000Ziggi's CoffeeFeatured Franchise
Profitable Fast Casual Restaurant
$175,000Profitable Fast Casual RestaurantWashtenaw County, MI
Ann Arbor restaurant for sale
$139,900Ann Arbor restaurant for saleWashtenaw County, MI
Dessert shop in downtown Ann Arbor, MI
$235,000Dessert shop in downtown Ann Arbor, MIWashtenaw County, MI
Capriotti's Sandwich Shop
$250,000Capriotti's Sandwich ShopFeatured Franchise
Washtenaw County Class C Liquor License
$85,000Washtenaw County Class C Liquor LicenseWashtenaw County, MI
Breakfast/Lunch Restaurant
$499,000Breakfast/Lunch RestaurantWashtenaw County, MI
Scramblers Restaurant
$150,000Scramblers RestaurantFeatured Franchise
Just Love Coffee Cafe
$150,000Just Love Coffee CafeFeatured Franchise