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Poke Restaurant In Los Angeles County For Sale

Los Angeles County, California - South
Asking Price:
$225,000 (USD) Furniture / Fixtures included
Sales Revenue:
$981,642 (USD)
Cash Flow:
$137,391 (USD)

This West Hills / Canoga Park area Poke restaurant is a profitable absentee owned and operated business. The venue’s concept is ultra-simple as it does not require additional branding, is not associated with any particular ethnic food category and does not require a hood.

This 1,200 square foot location leases for $8,394 per month including common area maintenance (CAM) expense on a 10 year lease with coverage until July 2026 and one 5 year option. All of the business’s furniture, fixtures, equipment, name, branding, menus, etc. will be included and will transfer in the sale. An estimated $3,000 in inventory will be sold at cost at close in addition to purchase price.

Property information

Real Estate:

Lease

Business Operation

Expansion Potential:

The concept is currently 100% absentee-operated, but could tremendously benefit from a full-time working owner-operator. This would not only minimize wage expenses, but it would also help to ensure top quality customer service and the highest average ticket sale.

Competition / Market:

While competition already exists in the area, this location and its project is tried and true. The venue has operated for nearly a decade and continues to have a loyal recurring customer base.

Reasons for selling:

Personal

Employees:
15
Years established:
2009

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD)

Contact Information

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