Ramen in Food Court; 6-Day, Gross $348K, Neting $108K, at $155K, OC

Santa Ana, CA (Orange County)

Ramen in Food Court; 6-Day, Gross $348K, Neting $108K, at $155K, OC
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Asking Price: $155,000

Cash Flow: $108,000

Gross Revenue: $348,000

EBITDA: N/A

FF&E: N/A

Inventory: $4,000*

Rent: $4,250 /Month

Established: 2018

*not included in asking price.

Ramen in Food Court; 6-Day, Gross $348K, Neting $108K, at $155K, OC

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Business Description

> A Japanese Ramen eatery in the food court in an area designated as special tourism district
> The seller started the business about a year ago, but an unexpected personal problem arose suddenly. MUST SELL
> 6-day run, closed on Mondays
> For mre information, see below;
• Monthjly gross turnover is anywhere between $28,000 and $30,000
• Possible net income per month is $8-9,000 on average
• Cost of goods sold averages 30%
• All-in gross rent is $4,250, tailored utilities and 3 Net
• Current lease is 4 years and 2x5 years options
• 1 full-time and 2 part-time staff work. One owner works as needed
• Employee wages paid for are about 5,000/mo,, payroll tax included
• Business hours vary
- Monday Closed
- Tuesday-Thursday: 11:30 am - 2:30 pm, 4:30 pm - 8:30 pm
- Friday-Saturday: 11:30 am - 2:30 pm, 4:30 pm - 10:15 pm
- Sunday: 11:30 am - 7:30 pm
• 2 parking structures off main street and nearby metered parking lot available
• Sign and resend the attached Non-disclosure Agreement (NDA) for quick inquiries
• For more information, email Kevin Kim at beeinvest.kim@gmail.com

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
450
Lease Expiration:
2/28/2028
Employees:
3
Facilities:
Voted Best Ramen in Orange County magagine in last November. Loacted in the area desinated as special tourism zone
Competition:
Yes
Growth & Expansion:
Expand business hours, open on Monday
Financing:
N/A
Support & Training:
2 weeks after closing escrow
Reason for Selling:
Personal issues
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Yong (Kevin) Kim

Bee Realty Group

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