Restaurant Investment Opportunity in New York City, USA
Korean restaurant in Flushing, New York with a growing demand seeks an investor.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 456 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Restaurants |
| Locations | New York City |
| Local Time | 6:59 AM America / New York |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
50 thousand
for
50.0%
stake
(Native Currency: USD 50,000)
Reason: Investment is required to add online sale for mealkit (frozen foods), pig trotter, beef soup/oxtail ...
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Includes physical assets worth
USD
100 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Investment Proposal
(3.2 MB)
Certificate of Incorporation
(1022.4 KB)
Business Overview
- Based on authentic and healthy foods.
- 1,800 customers served and a growing demand for dine-in.
- High revenue growth despite lack of financial resources.
- We opened right before Covid-19.
- Seeking an investor to capitalize on the growing demand and take the business to the next level.
- 1,800 customers served and a growing demand for dine-in.
- High revenue growth despite lack of financial resources.
- We opened right before Covid-19.
- Seeking an investor to capitalize on the growing demand and take the business to the next level.
Products & Services Overview
- Seafood Pancake.- Aging meat (Beef, Pork, Lamb, Salmon)
- Beef short rib & oxtail soup.
- Pig trotter and soybean curd dumpling.
Assets Overview
The total value of the tangible assets stands at USD 220,000. However, the investor can take up a stake at the discounted valuation of USD 100,000.
Facilities Overview
Our restaurant is located in Flushing, New York on Commercial Street.The restaurant has 1 floor, and a lease for 10 years.
Capitalization Overview
- Cash advance balance: $14,000.- SBA loan: $82,500.
- Only 1 owner (100%)
- Funded with the help of family and USD 10,000 from the AAPISTRONG Restaurant Fund.
Recent Activity
-
Earlier than 15 daysAnalyst, Financial Services, New York City, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Advertising Services, Ludhiana, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Transportation, Hyderabad, Individual Investor / Buyer connected with the Business
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