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#5330
Los Angeles - Hollywood - DTLA

QSR Facility W/Low Rent - Low Start-up Costs

$20,000
Available
QSR Facility W/Low Rent - Low Start-up Costs
This Listing is Expired

If you're looking for a fixturized Quick Serve Restaurant facility at a very low price with great low rent, then you must stop and look at this restaurant. 

THE EQUIPMENT: For only $20,000 you'll get a host of equipment including 2 large commercial rotisseries, Cres Cor Heated holding cabinet, Flat grill, 4 burners, oven, fryer, 2 refrigerated prep tables, refrigerated work top refer, True 3 door refer, ice cream freezer, stainless steel worktop tables, 2 microwaves, Metro shelves, Toastmaster 3 compartment chip/bread warmer, Snow cone ice shaver, Bunn coffee maker, juicer, cash register, dining room tables, chairs, pots, pans, misc smallwares, desk, filing cabinets and more.

This location is perfect for  chicken rotisserie restaurant or Mediterranean concept but the location would also work well for Chinese, Thai, Pizza-Pasta or many other concepts (excluding Mexican).  

Landlord or Broker makes no representations or warranties as to the condition of the equipment and it is being conveyed in "As Is" condition.

These type of deals don't come around often in this booming economy, so with little investment, you're in the restaurant business in no time. 

THE LEASE: New lease will be given with rent of only $2,500 per month for 1,500 Sq. Ft. Buyer should verify Sq. Ft. during due diligence. 

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Chaz Gaddie DRE License #02057673

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
New Lease
Total Monthly Rent:
$2,500
Security Deposit:
$2,500

Operations

Liquor License:
none
Hours Open:
Currently closed
Hood System Type 1:
Yes

Facilities

Indoor Seating:
25
# of Parking Spots:
Street
Inside Sq. Ft.:
1500

Highlights

  • Low Start-up Costs
  • Fixturized Facility - Nearly Ready to Go!
  • Get open quickly
  • Location would work for many concepts
  • Versatile Equipment (Oven, Griddle, Burners Fryer)
  • 2 large commercial rotisseries

Financing

Down Payment:
$20,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Expired

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 77,916 204,310 897,997
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,650 59,666 251,746
2010 Persons Per Household 3.21 3.36 3.50
Median House Value $337,100 $341,301 $363,277
Income Per Household $49,637 $56,084 $59,318
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,036 2,780 15,039
2012 Number Of Employees 29,402 87,206 511,758
2012 Total Annual Payroll $465,940,000 $1,776,785,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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