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#413
Southern Los Angeles

MALL QUICK SERVE RESTAURANT - LOS ANGELES

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MALL QUICK SERVE RESTAURANT - LOS ANGELES
This Listing is Expired
This is an Asian fast-food restaurant located in a food court in a major mall near Orange County. It is currently occupied by a large corporate chain. The franchise is not included in sale. There are about 909 square feet and the minimum base rent is $19,225 per month. This restaurant must be kept Asian. All equipment and leasehold improvements are included in sale. No financials will be provided. Buyer should have many years of proven quick serve experience and a networth of several million.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Southern Los Angeles
Lease Term:
5 years remain
Total Monthly Rent:
$19,225

Financials

Last Year's Annual Gross:
$474,000

Operations

Year Established:
2000

Facilities

Inside Sq. Ft.:
909

Highlights

  • Major mall quick serve facility
  • Close to Orange County
  • In food court
  • 668 square feet
  • Facility is 5 years old
  • Must be Asian restaurant
  • 5 years remain on lease
  • Equipment and leasehold improvements included

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,503 304,235 797,787
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,794 96,566 237,420
2010 Persons Per Household 2.91 3.08 3.29
Median House Value $409,500 $382,783 $375,099
Income Per Household $77,495 $64,176 $61,441
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 622 4,249 12,852
2012 Number Of Employees 19,162 127,524 426,134
2012 Total Annual Payroll $290,985,000 $2,977,670,000 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.


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