Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1553
Los Angeles Restaurants For Sale

Los Angeles Restaurant For Sale: Authentic Mid-Eastern Armenian Food Deli

$64,000
Los Angeles Restaurant For Sale: Authentic Mid-Eastern Armenian Food Deli
This Listing is Expired
Selling Restaurants presents, this authentic Mid-Eastern Armenian food deli, located in the heart of downtown Los Angeles. A fixture at this location for the past 37 years, this 'cash cow' operation is complete with secret family seasonings and recipes that are reminiscent of the 'old country' style, with customers, that over the years, have become like family! A large portion of the business is delivery or take out, it has 825 sq ft and seats 21, the rent is $3443 per month, of which $174 is included for electricity, with no additional CAM charges and no charge for water. This is a very simple sandwich, deli type operation, the hours are 9AM to 3Pm, Mon-Sat, closed Sunday. Seller states his gross sales at $11K per month, all cash, the new buyer is to confirm all seller's financial information, as SellingRestaurants does not verify such. This operation needs an owner-operator to basically just continue the operation. For a small investment you can own your own business, a business that has provided income for over 37 years. For more information, pictures and address, click on the orange button below, and register at no cost. You will also be a "preferred buyer", and receive any new listings or price reductions first, 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:
expires May 2013 + 5 yr option
Total Monthly Rent:
$3,443

Financials

Last Year's Annual Gross:
$132,000

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
Mon to Sat 8:30AM to 3PM
Closed Sun
Year Established:
1970

Facilities

Indoor Seating:
21
Inside Sq. Ft.:
825

Highlights

  • Over 37 Years In The Same Location!
  • All Cash Business!
  • Authentic Mid-Eastern Food!
  • "Old Country" Recipes
  • Exclusive Food In Building!
  • Great Area For Delivery!
  • 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 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.

Other Listings in the Area
  • Dickey's BBQ franchise for sale in Compton of Los Angeles County
    #6342
    Dickey's BBQ franchise for sale in Compton of Los Angeles County
    Lease:  
    There is 4 years left + 5 year option
    Monthly Rent:  
    $8,200
    Square Feet:  
    2,400
    Available
    $168,000
  • Vietnamese and Chinese bakery for sale in Downtown Monterey Park
    #6367
    Vietnamese and Chinese bakery for sale in Downtown Monterey Park
    Lease:  
    There is 1.5 years left + 3 year option
    Monthly Rent:  
    $4,200
    Annual Revenues:  
    $250,000
    Square Feet:  
    1,200
    Available
    $180,000
  • Smoothie and Juice Franchise
    #6370
    Smoothie and Juice Franchise
    Lease:  
    Feb 27, 2027 plus 5 year option with landlord approval
    Monthly Rent:  
    $12,984
    Annual Revenues:  
    $817,470
    Annual Adj. Net:  
    $115,000
    Square Feet:  
    1,500
    Available
    $175,000
  • Absentee run Ice cream/yogurt shop for sale in Los Angeles
    #6432
    Absentee run Ice cream/yogurt shop for sale in Los Angeles
    Lease:  
    There is 9 months left with 5 years option on lease
    Monthly Rent:  
    $5,300
    Annual Revenues:  
    $240,000
    Square Feet:  
    1,500
    Available
    $38,000
  • Absentee run Thai restaurant for sale in Santa Fe Springs
    #6440
    Absentee run Thai restaurant for sale in Santa Fe Springs
    Lease:  
    There is 5 years left with 5 years option on lease
    Monthly Rent:  
    $7,000
    Square Feet:  
    3,000
    Available
    $180,000
  • 26 years established Thai restaurant for sale in Los Angeles Thai town
    #6471
    26 years established Thai restaurant for sale in Los Angeles Thai town
    Lease:  
    Landlord will provide new lease
    Monthly Rent:  
    $10,000
    Annual Revenues:  
    $900,000
    Square Feet:  
    1,344
    Available
    $225,000

Terms Of Use     © 2024