Korean Restaurant in Irvine for Sale

Irvine, CA (Orange County)

Store Front-1
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Asking Price: $290,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Established: 2018

Korean Restaurant in Irvine for Sale

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Business Description

Great Restaurant Opportunity at Food & Drug Anchored Shopping Center in Irvine

K-Bop Korean Cuisine at Northpark Center in Irvine is for sale.
K-Bop opened business Sep.1.2018.
Trade name and menu can be changed to other Korean (K-BBQ, Cold & Hot Noodle...) and Chinese food (dumplings, noodles, Authentic Chinese food... ) and other restaurants not competing against existing restaurants at Northpark Center with the consent of Landlord. (see the attached site plan)
Lease Term: 10 years started from July 2018. 9 years left.
Rent: $11,520/mo/all in
Current revenue is approx. $60,000/mo, but the revenue is not a condition of the transaction.
Buyer must have at minimum one successful exiting restaurant to be qualified for the assignment of lease.
Landlord - Irvine Company

Attached Documents

Detailed Information

Irvine, CA
Fully built out restaurant. Current owner spent $350,000 for the construction and equipment in 2018.
Support & Training:
No training. Buyer should have at least one existing restaurant.
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(from currently available funds)
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Kenneth Park

Business Listed By:
Kenneth Park

Green Light Commercial

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