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Restaurant for Sale in Haifa, Israel

Authentic Korean restaurant in Haifa with strong ratings and stable revenue available for full sale.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 390 thousand
Run Rate Sales USD 390 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Haifa
Local Time 5:12 PM Asia / Jerusalem
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: ILS 750,000)
Reason: The current owner is relocating to pursue a Master’s degree in Hospitality Management in Europe. Thi... View More
Includes physical assets worth USD 97 thousand
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Business Overview
- Authentic Korean restaurant located in Haifa’s Lower City, a busy downtown area known for dining and nightlife.
- The restaurant specializes in traditional Korean cuisine and has built a strong reputation among local diners and Korean food enthusiasts.
- Positioned as one of the few authentic Korean dining options in Northern Israel, attracting both local customers and visitors.
- The venue has a seating capacity of approximately 30–35 guests and receives around 20–40 walk-in customers daily.
- Maintains strong online ratings with approximately 4.6/5 on Google and 8.6/10 on Wolt, reflecting high customer satisfaction and repeat clientele.
- Recently partnered with the TenBis (10bis) food ordering platform, enabling access to corporate orders from nearby high-tech offices and government centers. - Operates with a small team of 5 employees managing kitchen operations, service, and order fulfillment.
- The restaurant operates with a lean team and a focused menu, allowing efficient service and strong revenue per employee.
- The business has an authorized dealership certificate.
Products & Services Overview
The restaurant offers authentic Korean dishes and dining experiences, serving local residents, office workers, food enthusiasts, and corporate customers ordering through delivery platforms such as TenBis and Wolt.
Assets Overview
Tangible assets include kitchen equipment, furniture and fixtures.
Intangible assets include VAT.
Facilities Overview
The business operates from an approximately 80 sq. meter premises, with rent structured at about 6% of monthly turnover.
Capitalization Overview
The business is owned by a single proprietor, fully funded by the owner, and operates with no outstanding loans.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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