Koreatown Restaurant Asset Sale with Type 47 License in Los Angeles
Financial Details
- Asking Price:
- $540,000
- Annual Revenue:
- $120,000
- Cash Flow / SDE:
- $120,000
- Profit Metric:
- Monthly Sales
- Valuation Multiple:
- 4.5x
- Location:
- Los Angeles, CA, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This is an asset sale listing for a well-appointed restaurant located in the vibrant Koreatown district of Los Angeles, California. The establishment spans 4,000 square feet and boasts a substantial investment of over $600,000 in renovations and buildout, featuring multiple private dining rooms suitable for VIP events, parties, and business gatherings. It comes equipped with a highly desirable ABC Type 47 full liquor license, making it a turnkey opportunity for a new owner. The space includes a full kitchen, an elegant dining area, and a bar. The location offers high traffic, strong local demographics, and convenient free on-site client parking. This versatile space is ideal for various culinary concepts, including Japanese, Korean, Chinese, lounge, or fusion cuisine. Serious inquiries are welcome, with equipment lists and walk-throughs available upon signing an NDA.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Reason for Selling:
- Owner exiting business
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $9,000 USD
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Young Kim
- Company:
- Hana Realty & Investment
- Phone:
- 213-497-3625
Listing Details
- Listing ID:
- 7b74fcb5-acb2-42d7-bca3-d19ca29e9bb9
- Source Listing ID:
- 2394593
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD