$349,000

Los Angeles, CA
DESCRIPTION

AS-IS , ASSET SALE!
This Kung Fu Tea & TKK fried chicken combo franchise is situated in a prime location right next to UCLA.

The superb location was established less than a year ago and boasts a full kitchen equipped with brand-new appliances.

The space spans 1350 square feet and has been beautifully built out with no leasehold improvements cost held back.

The business offers a winning combination of cold and hot drinks along with a delectable fast food menu.

With its incredible location and abundant potential, a hands-on operator has the opportunity to reap the rewards that this business will bring in the years to come.

This location is truly a point of pride for its owner.

Seller Financing is available up to 30% of the price amortized over 3 Years at 6% interest.

LISTING DETAILS

Down Payment: $349,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $200,000

FFE Included: Yes

Inventory: $8,000

Inventory Included: No

OPERATION

Year Established: 2022

Days & Hours of Operation: 7 Days (11:30am to 9pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 9

Absentee Owner: No

Lease Option: 5 Years Option

LOCATION

Real Estate: N/A

Monthly Rent: $9,200

Type of Location: Street Center

Square Footage: 1345

Franchise: Yes

SUMMARY

Reason For Sale:

Partnership

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

NDA Form Download