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#703
Los Angeles Restaurants For Sale

Easy to Operate Franchise Hot Dogs located in busy strip mall.

$99,000
Easy to Operate Franchise Hot Dogs located in busy strip mall.
This Listing is Expired
Own this Los Angeles area Hot Dog Icon in a busy strip mall, next to a large movie theater. Summer time brings a large crowd due to theater and car/motorcycle shows held in the parking lot. This hot dog place has been operating for over 7 years. There are currently 7 inside seats and 8 outsides seats with the potential for more and plenty of parking. This restaurant utilizes approx. 600 sq. ft. Very reasonable base rent at only $1,676/per month. The lease has 4 years remaining with a 7 year option. Business is currently owner operated and owner needs to retire due to health issues. This store has tremendous potential if new owner can spend time to properly market. 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 Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
4yr. remaining +7 Option
Total Monthly Rent:
$1,676
Security Deposit:
$1,676

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
Monday - Friday
Saturday
Sunday
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
7
Outdoor Seating:
8
# of Parking Spots:
150
Inside Sq. Ft.:
600
Outside Sq. Ft.:
100

Highlights

  • Los Angeles Hot Dog Icon!
  • Great Location in busy shopping with lots of foot traffic next to movie theatre.
  • 7 Seats inside and 8 Seats outside with potential for more
  • Approx. 600 square feet utilized well.
  • Reasonable base rent at $1676 per month
  • Clean and in good conditon.
  • Busy summers with car shows located in parking lot.
  • Easy to Run Business.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 33,430 69,342 114,845
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,036 21,027 33,898
2010 Persons Per Household 3.22 3.11 3.12
Median House Value $311,600 $347,824 $356,662
Income Per Household $71,153 $85,245 $84,576
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 586 1,301 1,636
2012 Number Of Employees 9,994 26,204 30,826
2012 Total Annual Payroll $155,631,000 $416,236,000 $489,884,000

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, 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.

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