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#890
Los Angeles - Hollywood - DTLA

Franchise sandwich shop located in busy mall food court

$80,000
Sold
Franchise sandwich shop located in busy mall food court
This Listing is Sold
This franchise sandwich shop has a great location in a busy food court area in a mall located in a prime area of West Los Angeles. This mall is known to heavily promote charity events and holidays. Mall management works hard to promote mall and attract new customers. A brand new large theater complex just opened up next door. The sandwich shop is currently a Franchise serving a variety of American Sandwiches and salads. Potential buyer does not need to continue with Franchise and can change concept and name if desired. There is approx. 600 square feet with open food court seating and plenty of mall parking. Base rent is currently $4583. The lease has 10 years remaining. Sellers are not from the restaurant business and want to pursue another business opportunity.

Please select one of the bright orange buttons below to get the name and address of this business along with more photos. It requires one to register, which costs nothing. All that's needs is an e-mail address, name, address and phone contact to register. Simple as that!This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
Expires on 12/31/2016
Total Monthly Rent:
$4,583

Operations

# of Part-Time Employees:
8
# of Family Employees:
1
Hours Open:
Monday-Friday 10:00am-9:00pm
Saturday 10:00am-8:00pm
Sunday 11:00am-6:00pm
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
# of Parking Spots:
100
Inside Sq. Ft.:
600

Highlights

  • Specialized sandwich shop has a great location and is located in a busy food court area in a mall located in the greater Los Angeles area.
  • Mall is known to promote charity events and holidays.
  • Mall management works continuously to promote mall and attract new customers.
  • Sandwich shop is currently a Franchise serving a variety of American Sandwiches and salads.
  • Potential buyer does not need to continue with Franchise and can change concept and name.
  • Approx. 600 square feet.
  • Open food court seating.
  • Plenty of mall parking.
  • Base monthly rent is currently $4,583. Percentage lease at 8% of gross Sales.
  • Lease has 10 years remaining.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 26,701 340,071 703,453
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,968 150,643 312,843
2010 Persons Per Household 2.29 2.12 2.10
Median House Value $904,200 $785,407 $800,316
Income Per Household $84,579 $68,161 $76,132
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,317 20,696 41,491
2012 Number Of Employees 60,362 515,092 1,016,570
2012 Total Annual Payroll $1,904,856,000 $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 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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