Irvine, CA 92620

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List Price
$490,000
Status
ACTIVE
MLS#
PW26236622
Days on Market
1
Property Type
Investment

Property Description

Well-known neighborhood Korean restaurant in a prime location, with a loyal base of regulars and strong visibility. Sale of the business only; real property is not included. Seller-reported figures: gross revenue approx. $1,500,000; cash flow (SDE) approx. $133,000. Approx. 1,990 sq ft leased space. Rent approx. $14,300 per month; lease expires 06/28/2032. Includes a Type 41 (beer and wine) license. A new owner could expand the menu or add complementary cuisines. Equipment includes commercial fryers, cooktop, worktop refrigerators and freezers, backbar refrigerators, ice maker, kegerator, televisions, audio and surveillance systems, and POS systems. Seller financing available. Two weeks of free training after close of escrow.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Young Kim (12police34@gmail.com) from Listing Office: Uniti Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.