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#1077
Los Angeles Restaurants For Sale

Beautiful Looking Mexican Restaurant in Great Corner Location

$99,000
Beautiful Looking Mexican Restaurant in Great Corner Location
This Listing is Expired
This is a beautiful turn key Mexican restaurant in the Los Angeles County. Customers say this restaurant has the best tamales in the Los Angeles County. The owner will share the secret recipe with the new buyer. This restaurant is also to be featured in Telemundo Television Station. The owner has already started the process for a Beer and Wine License. They have major accounts with the Arcadia Hospital and The Los Angeles Sheriff Department. This is an absentee owner run restaurant. The owner is selling because he is a full time deputy sheriff and does not have the time to run the restaurant. The owner is also willing to find a partner. The restaurant is 2,000 square feet inside and has permit to do seating outside on the sidewalk. The monthly rent is $2,000 which includes cam. The lease expires in 3 years with a 5 year option. The monthly rent will increase on May 1st to $2,500 which includes cam. This restaurant is located near a major shopping center and residential area. Take the next step and act quickly to complete the online confidentiality agreement to be provided with detailed pictures and the location 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.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
Expires April 2011 + 5 Year option
Total Monthly Rent:
$2,500

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
5
# of Family Employees:
1
Hours Open:
Mon.-Thurs. 10AM-8PM
Fri 10AM-9PM
Sat 9AM-8PM
Sun 9AM-7PM
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
45
Outdoor Seating:
30
# of Parking Spots:
10
Inside Sq. Ft.:
2,000

Highlights

  • Great corner location
  • 2,000 square feet
  • Has permit to do outside seating
  • Next to major shopping center and residential area.
  • Food is well known in town and has an excellent reputation.
  • Plenty of parking.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 42,662 68,361 282,568
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,591 23,563 84,044
2010 Persons Per Household 2.68 2.86 3.28
Median House Value $507,494 $455,326 $486,789
Income Per Household $72,231 $67,822 $65,705
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,126 1,585 6,577
2012 Number Of Employees 34,192 57,130 212,490
2012 Total Annual Payroll $917,883,000 $1,608,221,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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, 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, 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. DRE License # 01339409.

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