5 Day Sandwich Shop/ Deli in Commercial Area Food Court

This established Sandwich Shop/Deli is located inside a busy food court within a commercial/industrial area of Los Angeles. The Sandwich shop has been in operation in this food court for 22 years and is a great opportunity for an owner/operator who enjoys having the weekends and holidays off. The Sandwich Shop is only open from 10am-4pm, Monday-Friday. The current owner only works about 4 hours a day and originally qualified for an E2 Visa to purchase this restaurant. There is 680 square feet in the sandwich shop with seating for approx. 300 inside the Food Court with an additional seating for approx. 100 outside in the Food Court. There is plenty of parking in the lot in front of the Food Court. Rent is $2,726 per month with CAM charges of $702. The current lease expires in December 2010. The seller reports annual gross sales in 2007 to be $178,000 with a net profit of $63,000. A new owner could expand the business by opening up for breakfast or by further developing the catering business for all the commercial and industrial businesses nearby. FF&E's include a walk-in refrigerator, Hood, Grill, Oven, French Fry Fryer, Meat Slicer, 2-Door Freezer, 4-Stainless Food Prep Tables, Toaster, 2-Blenders, Table Refrigerator. Owner is relocating out of the area.

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Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	12,423	270,987	785,139
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	3,317	70,025	207,054
2010 Persons Per Household	3.75	3.85	3.75
Median House Value	$326,100	$310,258	$337,211
Income Per Household	$47,758	$40,913	$46,279
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,272	4,427	13,363
2012 Number Of Employees	89,822	186,496	497,174
2012 Total Annual Payroll	$1,917,333,000	$3,511,747,000	$4,294,967,295

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