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#604
Los Angeles - Hollywood - DTLA

Turn-Key BBQ Restaurant on a busy main street

$150,000
Sold
Turn-Key BBQ Restaurant on a busy main street
This Listing is Sold
This turn-key BBQ restaurant on a busy main street has great appeal with it's recent renovations, some new equipment and a bar where guess can sit to enjoy a beer or glass of wine. The seller represents that his monthly sales are $50,000 (Buyer must verify this fact). This restaurant would be ideal to convert to a Sports Bar and Grill or to another type of restaurant. There is approximately 2,200 sq. feet, seating for 60 inside, a great bar area w/a type 41 liquor license and plenty of parking. Low monthly rent at only $2,205 per month with 4 months left on the lease and (2) five year options. FF&E's include:
2-12'Hoods (one is Multi-fuel), 2-deep fryers, grill, stove, oven, walk-in refrigerator, 3-beer coolers with complete bar sinks, a new ice machine and 6-flat screen tv's. This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
(2) 5 yr. options
Total Monthly Rent:
$2,205

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
3
Hours Open:
Wednesday, Thursday & Sunday-11a-9p
Friday & Saturday-11a-10p
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Inside Sq. Ft.:
2200

Highlights

  • Turn-key restaurant on a busy main street in Whittier
  • Great appeal with recent renovations and some new equipment
  • Low Rent, only $2,200 per month
  • Perfect conversion opportunity to a Sports Bar & Grill or another type of restaurant
  • Approximate size 2,200 sq. ft, seating for 60 w/ a great bar area
  • Type 41 liquor license
  • Two Five Year Options Available on Lease
  • BBQ Pit and Southern Pride Smoker not included

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 25,575 190,735 543,924
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,980 56,887 157,435
2010 Persons Per Household 3.09 3.30 3.40
Median House Value $414,200 $381,764 $378,320
Income Per Household $49,873 $66,859 $66,783
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 461 2,481 9,932
2012 Number Of Employees 17,314 68,906 324,784
2012 Total Annual Payroll $379,322,000 $1,226,799,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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