Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#3196
Los Angeles - Hollywood - DTLA

Restaurant For Lease

$294,000
Sold
Restaurant For Lease
This Listing is Sold

Rare FOR LEASE opportunity. This non-operational restaurant is nearly turn-key with a fully equipped kitchen. The restaurant is ready for take over for nearly any food concept. It seats approximately 35 inside plus has a shared great outdoor patio space which could seat 20-30. THIS IS A MUST SEE if you've been looking for a FOR LEASE OPPORTUNITY.

PROPERTY HIGHLIGHTS INCLUDE:
-Dense, in-fill demographics, with approximately 162,000 residents in a 3-mile radius, 635,649 residents in a 5-mile radius and approximately 364,427 daytime employees in a 5 mile radius (2008 stats).

-Annual Household Incomes are very solid at approximately $88,360 in a 1-mile radius and $66,174 in a 3-mile radius (2008 stats).

-Ethnically diverse community with approximately 40% Hispanic, 20% Asian, and 26% African American residents in a 3-mile radius

-Very near to a Major California University with approximately 13,000 students and faculty

-Very near to a Major Sporting Event Facility with events All Year Round

-Very Near to the area's Favorite Mall.

-Easy access to several Major Freeways

-The center is almost always very busy and vibrant.

-Large Parking Lot anchored by Supermarket

PROPOSED LEASE TERMS:
Are negotiable to an applicant with strong financial wherewithal, experience, and credit worthiness, so bring your best application and negotiate great lease terms (ask for a lease application).

OPTION TO BUY EQUIPMENT:
There is an option to purchase all of the equipment. Please show your interest if this is an option you would like.

Take the next step and click on one of the orange buttons below to obtain the restaurant's address and pictures.
 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
negotiate new lease with Landlord

Operations

Hours Open:
Non-operational

Facilities

Indoor Seating:
35
Outdoor Seating:
25

Highlights

  • Great turn-key restaurant
  • Bring your own concept
  • Fully equipped kitchen
  • Great area and demographics
  • Center is anchored by a large Supermarket

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 25,970 163,281 632,147
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,050 45,145 175,745
2010 Persons Per Household 3.14 3.49 3.48
Median House Value $362,600 $310,795 $329,472
Income Per Household $80,092 $62,811 $51,686
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 710 4,148 10,838
2012 Number Of Employees 36,376 197,888 419,634
2012 Total Annual Payroll $715,874,000 $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.

Other Listings in the Area
  • DTLA RESTAURANT Located on Street Corner of Major Intersection
    #5251
    DTLA RESTAURANT Located on Street Corner of Major Intersection
    Lease:  
    2/28/2021 + 5 Yr Option
    Monthly Rent:  
    $8,111
    Square Feet:  
    1,657
    Facebook Twitter Google+ Email
    Available
    $120,000
  • Beverly Hills High End European Caffe
    #5290
    Beverly Hills High End European Caffe
    Lease:  
    Dec 31,2022 + 3 yr option(pesonal to current Lessee)
    Monthly Rent:  
    $7,600
    Square Feet:  
    687
    Facebook Twitter Google+ Email
    Available
    $250,000
    Down Payment
  • PROFITABLE Long Time Donut Shop on BUSY STREET - Low Rent
    #5291
    PROFITABLE Long Time Donut Shop on BUSY STREET - Low Rent
    Lease:  
    Dec 2022
    Monthly Rent:  
    $3,000
    Square Feet:  
    975
    Facebook Twitter Google+ Email
    Available
    $125,000
  • Mediterranean Restaurant with PARKING on Busy Street
    #5301
    Mediterranean Restaurant with PARKING on Busy Street
    Lease:  
    July 31, 2023 + 5 yr option
    Monthly Rent:  
    $5,202
    Square Feet:  
    1,113
    Facebook Twitter Google+ Email
    Available
    $135,000
  • QSR Facility W/Low Rent - Low Start-up Costs
    #5330
    QSR Facility W/Low Rent - Low Start-up Costs
    Lease:  
    New Lease
    Monthly Rent:  
    $2,500
    Square Feet:  
    1,500
    Facebook Twitter Google+ Email
    Available
    $20,000
    Down Payment
  • Brazilian Concept Pizza restaurant just turn Kosher for sale in Los An
    #5363
    Brazilian Concept Pizza restaurant just turn Kosher for sale in Los An
    Square Feet:  
    1,500
    Facebook Twitter Google+ Email
    Available
    $280,000
  • Mastro
    #5300
    Mastro's Style Steakhouse w/Big Bar & Type 47 & Entertainment
    Lease:  
    New Lease with at least a total of 10 years
    Monthly Rent:  
    $13,000
    Square Feet:  
    9,600
    Facebook Twitter Google+ Email
    Available
    $150,000
  • Eagle Rock - High Traffic - Low Rent - Facility Sale
    #5430
    Eagle Rock - High Traffic - Low Rent - Facility Sale
    Lease:  
    August 31, 2023 + 5 yr option
    Monthly Rent:  
    $3,861
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $85,000
  • Great Restaurant with Very nice Concept - Eagle Rock Area
    #5431
    Great Restaurant with Very nice Concept - Eagle Rock Area
    Lease:  
    August 31, 2023 + 5 yr option
    Monthly Rent:  
    $3,861
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $135,000

Terms Of Use     © 2019 Powered by BBMT Inc.