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#2277
Los Angeles Restaurants For Sale

Free Restaurant! Outside Patio Included! Jump Fast and Now!

$0
Free Restaurant!  Outside Patio Included!  Jump Fast and Now!
This Listing is Expired

Rare FOR LEASE opportunity. This restaurant's equipment and fixtures are BRAND NEW. The old tenant was building the restaurant and was forced to vacate the premises leaving behind all brand new equipment, fixtures and 2 finished bathrooms for you to use (ask to see pictures, equipment list, and video of restaurant). The restaurant is ready for take over for nearly any food concept. It seats approximately 100-130 inside plus has a great outdoor patio space which could seat 20-30. THIS IS A MUST SEE if you've been looking for a FOR LEASE OPPORTUNITY.

PROPERTY HIGHLIGHTS INCLUDE:
-Dense, in-fill demographics, with approximately 162,000 residents in a 3-mile radius, 635,649 residents in a 5-mile radius and approximately 364,427 daytime employees in a 5 mile radius (2008 stats).

-Annual Household Incomes are very solid at approximately $88,360 in a 1-mile radius and $66,174 in a 3-mile radius (2008 stats).

-Ethnically diverse community with approximately 40% Hispanic, 20% Asian, and 26% African American residents in a 3-mile radius

-Very near to a Major California University with approximately 13,000 students and faculty

-Very near to a Major Sporting Event Facility with events All Year Round

-Very Near to the area's Favorite Mall.

-Easy access to several Major Freeways

-The center is almost always very busy and vibrant.

-Two bathrooms which should qualify premises for beer/wine license and possibly a full-liquor license.

-Large Parking Lot anchored by Supermarket

PROPOSED LEASE TERMS:
Are negotiable to an applicant with strong financial wherewithal, experience, and credit worthiness, so bring your best application and negotiate great lease terms (ask for a lease application). Base Rent is being offered at $2.50 per square foot plus NNN. NNN's run at $0.59/ft.

OPTION TO BUY EQUIPMENT:
There might be an option to purchase the equipment. Please show your interest if this is an option you would like.

Take the next step and click on one of the orange buttons below to obtain the restaurant's address and pictures.

***PLEASE NOTE: You must schedule an appointment if you would like to view the inside of the restaurant and equipment due to the restaurant being non-operational.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
Landlord will Negotiate New Lease
Security Deposit:
$2,750

Operations

Hours Open:
CLOSED: Non-Operational
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2,750

Highlights

  • Large Restaurant with Brand New Equipment
  • Solid Annual Median Household Incomes of $88,360 in a 1-mile radius (2008 stats)
  • Near University, Sporting Event Facility, & Popular Mall
  • Outdoor Patio, Vibrant & Busy Center Anchored By Supermarket, Large Parking Lot
  • Lease Terms Negotiable to strong Applicant

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,970 163,281 632,147
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,050 45,145 175,745
2010 Persons Per Household 3.14 3.49 3.48
Median House Value $362,600 $310,795 $329,472
Income Per Household $80,092 $62,811 $51,686
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 710 4,148 10,838
2012 Number Of Employees 36,376 197,888 419,634
2012 Total Annual Payroll $715,874,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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