Profitable Korean Take-Out Restaurant In Long Island City
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Asking Price: $150,000
Average Gross Income: Approximately $9,230 / W
(Annual Gross Sales Approximately $480,000)
Size: 800 SF
Lease: 7 Years Remaining
Rent: $3,605 / M
R/E Taxes: Included
Electricity: Less Than $1,000 / M
Gas: N/A
Water: $100 / M
Payroll: $2,000 / W
Business Hours: 10:00 AM – 9:00 PM
Business Highlights
* Korean take-out restaurant
* Located in Long Island City
* Strong monthly gross sales of approximately $40,000
* Approximately 20% profit margin
* Low rent for the area
* Simple operation with only 2 employees
* Established customer base
* Turnkey opportunity for owner-operator
Operating Expenses
* Garbage: Approximately $50–$100 per week
* Employees:
* Employee #1: $950 / W
* Employee #2: $1,050 / W
Financial Summary
* Monthly Gross Sales: Approximately $40,000
* Annual Gross Sales: Approximately $480,000
* Estimated Profit Margin: Approximately 20%
Detailed information, including the exact location, is available upon request. Signed NDA and proof of funds may be required before disclosure.
Average Gross Income: Approximately $9,230 / W
(Annual Gross Sales Approximately $480,000)
Size: 800 SF
Lease: 7 Years Remaining
Rent: $3,605 / M
R/E Taxes: Included
Electricity: Less Than $1,000 / M
Gas: N/A
Water: $100 / M
Payroll: $2,000 / W
Business Hours: 10:00 AM – 9:00 PM
Business Highlights
* Korean take-out restaurant
* Located in Long Island City
* Strong monthly gross sales of approximately $40,000
* Approximately 20% profit margin
* Low rent for the area
* Simple operation with only 2 employees
* Established customer base
* Turnkey opportunity for owner-operator
Operating Expenses
* Garbage: Approximately $50–$100 per week
* Employees:
* Employee #1: $950 / W
* Employee #2: $1,050 / W
Financial Summary
* Monthly Gross Sales: Approximately $40,000
* Annual Gross Sales: Approximately $480,000
* Estimated Profit Margin: Approximately 20%
Detailed information, including the exact location, is available upon request. Signed NDA and proof of funds may be required before disclosure.
About the Business
- Employees
- 2 Full-time
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $3,605.00 per month
Listing Info
- ID
- 2517913
- Listing Views
- 20
Listing ID: 2517913 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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