, Norwalk, CA, 90650

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$200,000
9 Days On Site

Norwalk, CA 90650

For Sale|Business Opportunity|Active
0
Beds
0
Total Baths
County:
Los Angeles
Listed by Joshua Cho of Joshua Cho, Broker joshuacho1004@gmail.com
Call Now: 951-203-4426
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951-203-4426
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$912
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Available for purchase is a well-established Korean restaurant in the Cerritos area of Los Angeles County, California. This Korean restaurant, located in Cerritos area, has been serving the community since 1994, boasting over 30 years under the current owner. The restaurant's loyal customer base and strong word-of-mouth have contributed to its success, with a revenue of $600,000 and a cash flow of $156,000. The 1,700 sqft venue operates with a staff of three employees. Currently, the restaurant enjoys short operating hours from 10 am to 6 pm, remaining closed on Sundays and Mondays. This provides an excellent opportunity for a new owner to extend the operating hours and potentially increase revenue. The asking price for the restaurant is $200,000, with a monthly rent of $3,500. The lease terms are favorable, offering a 4-year lease with a 5-year extension option. The current owner is selling due to retirement and is ready to transfer the recipe for their popular Korean style sausage to the new proprietor. Training and support will be provided to ensure a smooth transition. The restaurant's online listing has already generated interest, with 41 page views and 2 messages at the time of posting. For more information about this opportunity, please contact Joshua Cho at joshuacho1004@gmail.com or call at +17148700300. Don't miss your chance to own a long-standing restaurant with a proven track record and growth potential.

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Listing Snapshot
Price 
$200,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
PW26198370
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
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Community Features
MLS Area 
M1 - Norwalk


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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