Established and Profitable Korean Quick-Service Restaurant | $1.15M Projected Sales | Strong Catering Business & Expansion Potential**
RRC#5409
Asking Price: $270,000
Location: San Mateo County
Annual Revenue: $1.1 Million
Monthly Rent: $6800 +$875 NNN
Listing Description:
An excellent opportunity to acquire an established and profitable Korean quick-service restaurant in a desirable Peninsula town. With its trademarked name, strong branding, and distinctive identity, the business offers a strong foundation for a buyer interested in expanding the concept into a multi-location restaurant chain.
Located on a main street with excellent pedestrian and vehicle traffic, the approximately 1,200-square-foot restaurant seats around 20 guests and has averaged approximately 15% annual growth over the past three years. With 2026 sales pacing toward $1.15 million, the business offers an established customer base, proven demand, and opportunities for continued growth.
Corporate catering is the strongest component of the business, generating over $500,000 annually from local companies and institutions, including Tesla, Meta, Stanford University, Neuralink, and others. Maintaining and growing the catering business requires strong English communication skills, responsive service, and effective coordination with companies that serve corporate clients.
The owner currently works approximately 32 hours per week, handling day-to-day operations. Additional off-site management is required to arrange catering, coordinate orders, and ensure the restaurant operates smoothly when the owner is away. This is an actively managed business that would particularly suit a hands-on owner-operator or family seeking to work together, potentially reduce hired labor costs, and build on its established success.
The restaurant is equipped with two Type 1 hoods, a 36-inch grill, 60" char broiler, oven, two rice cookers, multiple refrigerators, a new water heater, air conditioning, all necessary sinks, and a grease interceptor. A transferable Type 41 beer and wine license is also included.
With consistent growth, a substantial corporate catering business, and strong branding supported by the trademark, this business presents an attractive opportunity for a buyer ready to build on the existing operation and pursue expansion into additional locations.
