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#5516
Los Angeles

A hole in the wall Ethiopian restaurant in Los Angeles

$75,000
Available

A hole in the wall with ethnic decor and video/music playing. It is one of the best Ethiopian restaurant in Los Angeles with great reviews on Yelp. This home style Ethiopian specialties served on injera flatbread at this casual-yet-welcoming cafe. Locate on shopping plaza with ample parking. Lease is $1916.00. Can convert

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Los Angeles
Lease Term:
waiting for new lease finalized
Total Monthly Rent:
$1,916

Financials

Last Year's Annual Gross:
$80,000
Last Year's Owner's Cash Flow:
$25,000

Operations

# of Full-Time Employees:
2
Hours Open:
1:30pm to 10pm
Year Established:
2017
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
shopping plaza

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 51,570 490,025 1,188,560
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,493 158,011 413,242
2010 Persons Per Household 3.12 2.90 2.71
Median House Value $345,800 $440,249 $517,866
Income Per Household $32,447 $34,220 $41,573
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 387 8,649 34,667
2012 Number Of Employees 8,632 229,838 912,762
2012 Total Annual Payroll $131,038,000 $4,239,356,000 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 


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