Well established Korean BBQ Restaurant & Coffee Shop

Description

Korean BBQ restaurant and coffee shop for sale in the Annapolis, Maryland area. The business has been operating since 2023 and combines full-service dining, a bar and coffee sales from one location.

Restaurant setup

• Approximately 200 seats
• 28 Korean BBQ tables with built-in grilling stations
• Full-service bar
• Commercial kitchen
• Three walk-in refrigeration/freezer units
• Coffee shop operation

The restaurant is located near a busy shopping mall with convenient customer access and surrounding retail traffic.

Operations

The business has been running for approximately three years and already has supplier relationships, operating systems and an existing customer base in place.

Revenue comes from both the Korean BBQ restaurant and coffee shop portions of the business.

Growth

The current owner has limited time available to manage the operation.

• Increase owner involvement
• Expand local marketing
• Promote the coffee shop separately
• Increase private dining and group business
• Develop additional bar promotions where permitted
• Improve repeat-customer marketing

Due diligence

Buyers should verify historical financials, revenue by restaurant, bar and coffee sales, lease terms, equipment ownership, condition of the BBQ ventilation systems, staffing, supplier agreements, food and labor costs, liquor license status and the exact assets included in the transaction before closing.

Any alcohol service and table-side grilling operations should also be reviewed for applicable Maryland licensing, fire, ventilation and safety requirements.