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Korean Resturant 18102 Boyd for sale in Montgomery County, AL

Montgomery County, Alabama (AL)

Asking Price: Gross: Cash Flow:
$ 280,000 $ 675,000 $ 164,450

Business Summary:
City's Best Korean Restaurant For Sale. Here is your chance to own the largest and most attractive Korean restaurant in town. Great location, in a large shopping center, on a major highway, with a high volume of traffic. Owner spent over 400k on the beautiful decor and equipment for this restaurant which seats 180 people. This restaurant has been very profitable for 6 years and even in a down economy owners are netting more than 150k per year. Huge potential to generate more revenue by offering catering and take-out orders, which they do not currently offer because the owner is tired and ready to retire. Unique situation, this town has a large Korean population because of 2 major car manufacturers and their suppliers. Obviously, a new owner could turn this 5,000 sq.ft. into a different type of cuisine.

 

   
Year Business was Established: 2006
   
Number of Employees: 1  
   
Facilities / Terms of Lease: Largest Korean resturant in town; On a major road; In a large high volume shopping center that includes other Korean businesses.  
   
Owner willing to finance: 280,000 down & All Cash  
   
Owner willing to train: yes  
   
Reason for selling: personal  
   
Seller Reference Number: 18102 Boyd
BusinessMart.com Listing Number: 92309
 

 

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