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#1867
Los Angeles - Hollywood - DTLA

Well Known Hot dog Franchise in Super Location

$68,000
Sold
Well Known Hot dog Franchise in Super Location
This Listing is Sold
Jump On This Now. ONLY $68,000 for FULLY Equipped and Operational Franchised Restaurant in this Super Location. Seller very motivated. Any offer will be presented to Seller.......Selling Restaurants presents this "Well Known" Hot Dog Franchise for sale in one of the busiest areas with a High Volume of Traffic in the L.A.-South Bay. The location is FANTASTIC...The restaurant has superb visibility within the plaza and a high volume of walking traffic. In addition to the well known hotdog brand, the menu features many flavors of ice cream, shakes, additional beverages and many side dishes.

If you love the restaurant space and do not want to continue with the current menu or franchise, then bring your own concept and take advantage of the high traffic location. You will be assisted in submitting your concept to the landlord for approval. This restaurant space is great for many different restaurant concepts. It features a complete kitchen with a hood system, grill/flat griddle, deep fryer, grease trap, refrigeration/freezer units and display cases, and a storage unit in the back. The restaurant also features 2 comfortable covered outdoor patios which seat 48 customers. Try to negotiate a new lease agreement and rent terms. The location is well worth the investment and lease.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name, address, and pictures to view. 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 Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
Expires December 31, 2012 + (2) 5 year options
Total Monthly Rent:
$5,173

Operations

# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
Monday-Thursday: 11a-9p
Friday-Saturday: 11a-10:30p
Sunday: 11a-9p
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Outdoor Seating:
48
Inside Sq. Ft.:
1200

Highlights

  • Fantastic Location with High-Foot Traffic
  • The Center is well Manintained and attracts the crowds
  • Full Kitchen with Hood, Grill, Grease recepticle
  • Keep Existing Concept or Convert to your Own
  • Plenty of parking, seating
  • 2 Great Covered Outdoor Patios
  • Negotiate New lease agreement and terms

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 37,008 210,739 370,801
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,244 80,946 140,739
2010 Persons Per Household 2.55 2.53 2.56
Median House Value $682,100 $684,200 $677,075
Income Per Household $81,772 $84,664 $85,565
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,990 8,327 11,791
2012 Number Of Employees 57,984 202,438 298,074
2012 Total Annual Payroll $1,320,326,000 $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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