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Business For Sale

LOW RENT PERSIAN RESTAURANT WITH HOOKAH BAR!

Attn: Alan Lippincott, CBI
Los Angeles County, CA, USA
Listing Number: "L1223"
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Asking Price: $189,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Owner moving
Year Established: 1986
# of Employees: 3 Full Time / 1 Part Time
Yearly Revenues: $360,000
Yearly Cash Flow: $72,000
 

Business for Sale Overview:

This is a great opportunity to own the only Persian restaurant with a hookah bar, and one of just three Mediterranean restaurants in the area! Located in a stand-alone building on a busy street in Los Angeles County, this restaurant has good visibility and ample parking. Recently remodeled with over $180,000 in improvements, the 4,500 square feet restaurant has been beautifully decorated with high-quality furnishings, and now has a cozy, comfortable ambiance. There are two dining areas inside the restaurant that can seat a total of 100, and a front patio that seats 10. The smoking area in the back patio can seat 24. The full kitchen has new equipment as well, and serves authentic and delicious Mediterranean cuisine for restaurant patrons and catered affairs. To further enhance the Mediterranean experience, there is belly dancing every Friday and Saturday night, a hookah bar, and a smoking patio. The restaurant has a favorable lease, with low rent and three 5-year options! There are plenty of opportunities to grow the business, such as adding a liquor license, expanding the smoking patio, and marketing the catering services to the local affluent community. The owner is selling because he is moving.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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