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#1945
Los Angeles Restaurants For Sale

Mid-Eastern Restaurant or YOUR Concept in Busy Downtown Los Angeles Area

$70,000
Mid-Eastern Restaurant or YOUR Concept in Busy  Downtown Los Angeles Area
This Listing is Expired
Parntership disolving!! Their loss, is your gain!

Selling Restaurants presents a great restaurant opportunity for you, in the busy garment district of downtown Los Angeles.

Mid-Eastern style food is currently being served, but you could easily change concepts to Mexican, Asain, Grilled Fish or Rotisserie Chicken, just to mention a few.

The restaurant has been refurbished and redecorated less than two years ago. The kitchen has a large hood system and complete cook line, walk-in refer, and a huge storage area above the restaurant.

Current owners state they are averaging $600 to $700 per day, mostly all cash, buyer to confirm, as SellingRestaurants does not verify income.

Although there is plenty of auto and foot traffic to draw walk in business, there is a tremendous need for food delivery to the owners and employees of neighboring stores and offices, due to the fact it's difficult for them to leave for lunch or dinner. By offering to deliver, you could easily generate an additional $200 to $400 per day in sales, with very little additional cost.

These owners are HIGHLY MOTIVATED! Make an offer!

To get the address location and more photos, take the next step and click on the orange button below and register at no charge. In addition as a preferred buyer, you will receive updates on all new listings and price reductions before they are released to the general public.
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:
Sept. 2010 + 3 yr option
Total Monthly Rent:
$3,500
Security Deposit:
$4,000

Operations

# of Part-Time Employees:
3
# of Family Employees:
2
Hours Open:
7:30am to 5:00pm
Monday to Sunday
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
16
Outdoor Seating:
6
# of Parking Spots:
2
Inside Sq. Ft.:
1,300

Highlights

  • Bring Your Own Concept!
  • Great Location!
  • Auto and Foot Traffic!
  • Re-Furbished 14 Months Ago!
  • Large Hood System!
  • Parking In Front and Rear!
  • Outside Seating!

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 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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