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#670
Los Angeles - Hollywood - DTLA

Franchise Hawaiian BBQ Restaurant on busy main street

$85,000
Sold
Franchise Hawaiian BBQ Restaurant  on busy main street
This Listing is Sold
This franchise Hawaiian BBQ Restaurant with licensing rights is located on the corner of a busy main street in Santa Clarita. The restaurant is only a year old and has beautiful, like-new equipment. The restaurant is 1260 sq. ft. with seating inside for 36. There is convenient parking in front of the restaurant in a private lot. Rent is $3,172 per month with CAM charges of $450. There is 3 years, 7 months left on the lease with (2) five year options. The Seller reports sales for 10 months in 2006 at $400,188. The equipment includes: 16' Type 1 Exhaust Hood, Walk-in Freezer and Walk-in Cooler, Grease Trap, Deep Fryer, Grill, Stove, Standard oven and Confectionery Oven. Great opportunity for an owner/operator to walk right into a business that is operational without initial build out costs and time delays.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
3yrs + 7 months remain + (2) 5 yr. options
Total Monthly Rent:
$3,172

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
4
# of Family Employees:
3
Hours Open:
Sun-Thursday-11:00am-9:00pm
Friday-Saturday-11:00am-10:00pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
# of Parking Spots:
100
Inside Sq. Ft.:
1260
Outside Sq. Ft.:
21

Highlights

  • Franchise Hawaiian BBQ Restaurant on busy main street
  • The restaurant is only a year old with like-new equipment.
  • The restaurant is 1260 sq. ft. with seating inside for 36.
  • Rent is $3,172 per month with CAM charges of $450.
  • There is 3 years, 7 months left on the lease with (2) five year options.
  • The Seller reports sales for 10 months in 2006 at $400,188.
  • Equipment includes: 16' Type 1 Exhaust Hood,
  • Walk-in Freezer and Walk-in Cooler, Deep Fryer,
  • Grill, Stove, oven and Confectionary Oven.
  • Great opportunity for an owner/operator to walk right into a restaurant
  • operational without initial buildout costs and time delays.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 19,862
Households 5-mi
2010 Number Of Households 6,369
2010 Persons Per Household 3.07
Median House Value $472,500
Income Per Household $106,190
Businesses 5-mi
2009 Number Of Businesses 208
2012 Number Of Employees 2,048
2012 Total Annual Payroll $41,859,000

click for more demographic info

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, foreward 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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