Korean Restaurant - Ann Arbor South U
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This Korean Restaurant is a long-standing, family-run Korean eatery located within Ann Arbor’s student district. Operating for more than 36 years, it has evolved from a small coffee shop into one of the city’s most recognized Korean dining staples, consistently attracting University of Michigan students, faculty, and local residents.
About the Business
- Employees
- 3
- Market Outlook / Competition
- Kang’s Korean current marketing strategy is driven primarily by word‑of‑mouth referrals and its 36‑year track record of strong customer satisfaction. The business does not engage in social media, digital advertising, local networking groups, or community events. These untapped channels present a substantial growth opportunity for a new owner to expand the restaurant’s reach and accelerate revenue.
- Opportunities for Growth
- The restaurant closed for approximately three weeks during March and April of 2026 for remodeling, which is normally one of the busiest periods which estimates the loss of at least $25,000 in sales during that closure. The restaurant also faced staffing challenges in 2026 which were temporary and tied to a transition in the kitchen team rather than any long‑term structural issue. Our longtime Korean chef, who had been with the restaurant for nearly 20 years, stepped away due to difficulties working with the previous staff. During her absence, the replacement kitchen team could not maintain the same level of consistency and authenticity that customers have come to expect, which contributed to softer performance during that period.
This situation is fully addressable under new ownership. The long-term chef has expressed interest in returning if supported by a stable, well‑aligned team.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $4,100 per month
- Lease Expiration
- 3/31/2034
About the Sale
- Seller Motivation
- Downsizing
- Transition Support
- 3 Weeks
Listing Info
- ID
- 2551510
- Listing Views
- 30
Listing ID: 2551510 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.
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