Poke Restaurant: High Sales, Absentee Owner.
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Asking Price
$300,000
Detailed Information
El Monte, CA (Los Angeles County)
Business Description
Located in a bustling area surrounded by offices and retail stores, this well-established Poke restaurant operates with short hours but achieves high sales. The current owner is mostly absentee, working minimally as needed, making this a turnkey opportunity for a new owner. Monthly gross sales average $55,029.20, with consistent growth in 2024, resulting in a net income of around $12,000 per month, based on seller's discretionary earnings. The restaurant's lease has 2.5 years remaining with a five-year option, and the current rent is $5,400 plus $700 for CAM. Operating hours are Monday to Friday from 10 a.m. to 6 p.m., providing ample parking for customers. Interested buyers must sign a nondisclosure agreement before receiving further details. SBA loans, particularly 7a loans with 30% down payment, are viable options for experienced and qualified buyers interested in this profitable business opportunity. Please note that all information provided in this ad
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Listed By:
Name : Kevin Kim
Phone Number : Show Phone number
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