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#5251
Los Angeles - Hollywood - DTLA

DTLA RESTAURANT Located on Street Corner of Major Intersection

$90,000
Available
DTLA RESTAURANT Located on Street Corner of Major Intersection
This Listing is Expired

Go See this Business By Selecting "Sign NDA."

HOT DTLA STREET CORNER LOCATION

We all know that a lot of success in this industry depends on LOCATION, LOCATION, LOCATION!

Well, this Restaurant is in one of the HOTTEST districts in DTLA! The corner lot it sits on gives this store excellent visibility on a major intersection! This location is just blocks away from LA’s trendy Fashion District and other landmarks! This thriving area continues to be redeveloped with Loft Apartments and offices. Take advantage of the growing community by building your own name and concept here.

With 4 other locations to manage, the owner has decided to sell this one, as the others have a slightly different business model from this one. Time has limited the owner’s involvement in this location. ***New Owner will need to Change the Name as there are other locations with the same name that exist.***

This restaurant is perfect for someone who wants the flexibility of a new name and concept, without having the high price tag of building from scratch. It comes fully equipped, including a large hood!

The restaurant currently sells burgers, pizza, Italian, and other ethnic food. Recipes are included in the sale, giving the new owner the option to continue with current menu options or to create a new dining experience.

There is room out front to add a patio with tables and umbrellas to give guests more options as to where to eat, either inside or out, increasing seating and to bring more restaurant exposure to area patrons.

Take advantage of this trendy, influential location! With the right marketing and business concept, there is a lot of potential for huge growth! The current owner is working to obtain a beer and wine license for this location! Large outdoor area sits vacant but can accommodate extra dining.

With so many landmarks nearby, a strong social media presence would make it easy to direct tourists and day trippers to the location. Nestled between urban developments and businesses offers plenty of opportunity for regular customers, as well.

PLEASE Remember when visiting this restaurant to keep your visit confidential and consult Agent for further information.

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

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
2/28/2021 + 5 Yr Option
Total Monthly Rent:
$8,111
Security Deposit:
$18,415

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
9:00 AM - 11:00PM 7 days
Year Established:
2018
Hood System Type 1:
Yes

Facilities

Indoor Seating:
33
Outdoor Seating:
4
Inside Sq. Ft.:
1657

Highlights

  • HOT DTLA LOCATION
  • AMAZING CORNER
  • LARGE SPACE
  • BUSY LOCATION

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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