Such a unique concept with this fast-growing franchise restaurant specializing in Korean and Japanese high-quality fusion foods. This is a fast-casual restaurant with high quality food with a high-end atmosphere. New build and opened in 2017. Restaurant located in a high traffic shopping center. Estimated cost of build out was over 400k. This space is absolutely beautiful with attention to detail such as custom build benches & table with granite counter tops. 78 seating inside and 34 seats available on their outdoor patio. No expenses spared. Some of the equipment includes as follows: 1 hood (15'x4'x31") with fire suppression systems, menu monitors, 2 employee locker banks, maple work table, 1 -3 door Turbo Air Freezer, 1 -2 door Beverage Air Freezer, 1 Subzero Box Freezer, 1 -10x10 Walk-in, 3 fryers, 2 griddles, 6 burners over oven, 4 door refrigerator, 1 hot top prep table, 3 -2 door under counter refrigerator, 2 -2 door refrigerator with open top prep table, POS, sound system, and security camera, etc. With such amazing equipment, there is also an opportunity for rebranding the space. Flexibility and opportunity for new concept with existing equipment/build out.

General Info

  • OrganizationCorporation
  • Established2017
  • Current Owner2017
  • Employees8
  • Reason For SaleOther Interests

Facilities

  • Seating78 inside + 34 patio
  • Square Feet2685
  • ParkingParking Lot
  • LicensesHealth, Business
  • Open Hours11am - 9pm Daily

Lease

  • Rent$7,300 gross
  • Expiration2026
  • Yearly Increase0.27 cents PSF after first 5 year
  • Option2 successive 5 year options
  • Deposit$6,497.7

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$520,382
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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