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Customer Embraced Downtown Restaurant In Los Angeles For Sale

Los Angeles, California - South
Asking Price:
$175,000 (USD) Furniture / Fixtures included
Sales Revenue:
$576,000 (USD)
Cash Flow:
$75,000 (USD)

This customer-embraced downtown restaurant boasts an innovative setting in a highly popular location. The concept’s popularity has resonated with its loyal client base, which is comprised of a healthy mix of local residents, students, employees and visitors. Any number of concepts may potentially similarly thrive in this high foot and drive by traffic, high visibility location.

This venue has a more than enough kitchen, food preparation, dishwashing and sales counter and customer dining space to successfully operating in its unique location. The kitchen has a grill, deep fryer and the necessary equipment for the business to be self-sufficient. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Its inventory will be sold at cost at close in addition to the purchase price.

Property information

Real Estate:

Lease

Business Operation

Expansion Potential:

New operators may continue to operate with the existing brand or any future iteration of it, which has already proven successful or they may choose to capitalize on the prime high visibility, high foot traffic location to implement their own food concept.

Competition / Market:

While competition exists in the area for similar fare, this venue’s unique atmosphere and location provide it the draw for its client base. Competing venues exist with different food offerings however all operators benefit from this as it brings customers to this area with a high concentration of various options.

Reasons for selling:

Personal

Employees:
6pt
Years established:
2010

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price

Contact Information

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