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#3081
San Fernando Valley Restaurants For Sale

Mid-Eastern Food Downtown Los Angeles!

$50,000
Mid-Eastern Food Downtown Los Angeles!
This Listing is Expired

We're proud to present this authentic Mid-Eastern Restaurant located in downtown Los Angeles, in business for the past 37 Years!!

This is an "all cash" restaurant, with a large delivery clientele that continues to grow.
Seller states he is doing between 11K and 12K per month, with a net cash flow. Buyer is to confirm with seller as SellingRestaurants does not verify income.

The new owner can step right in and continue the operation serving this "old world tradition" of food.

You can increase sales by expanding deliveries and catering events as well.

Seller is motivated and wants move out of the area.

For the address location of this restaurant and more photos, simply scroll down and click on any orange button and register at no cost.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
may 2013 + 5 yr
Total Monthly Rent:
$3,443
Security Deposit:
$3,500

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
1
Hours Open:
Mon - Sat 8:30 to 4:30
Year Established:
1974

Facilities

Indoor Seating:
21
Inside Sq. Ft.:
825

Highlights

  • All Cash Business!
  • 37 Years In The Same Location!
  • Authentic Mid-Eastern Food & Recipes!
  • Only Food Source In The Building!
  • Large Delivery Business, and Growing!
  • Short Hours!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,440 463,087 1,054,005
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 27,283 145,469 319,470
2010 Persons Per Household 2.03 2.99 3.14
Median House Value $385,037 $379,029 $411,465
Income Per Household $21,907 $29,817 $33,380
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 8,831 17,102 27,800
2012 Number Of Employees 270,562 550,794 868,694
2012 Total Annual Payroll $4,294,967,295 $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, 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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