Business For Sale

Business Overview:

This Downtown Los Angeles restaurant is located in one of Downtown Los Angeles’s best known food courts. The business, which has been established over five years, offers its loyal patrons a steadfast non-Chinese Asian food fare at an excellent price. This efficient kitchen, which benefits from a large shared seating area, has a beverage fountain, deep fryer, grill, two stoves, an oven, salad preparation table, refrigerated food prep tables, a large refrigerator, and a three bucket dish washing sink.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

This ultra-efficient 330 square foot facility leases for a nominal $2,300 per month on a lease with one year remaining and one five year option. As such, a new lease will likely be granted upon the sale. The lease includes all water and estimated electricity expenses. All of the business’s furniture, fixtures, equipment, goodwill, and lease rights will transfer in the sale.

Market Competition and Expansion:

This Asian kitchen is located in an ultra-busy food court setting. As such, there is no shortage of direct competition immediately surrounding the restaurant. That said, no other restaurants offer the same food fair, or even comparable food fare from the same country of origin, providing this location a competitive advantage over other dining options. The small kitchen has maintained consistent levels of profitability for years. A new owner may seek to maintain the same concept to achieve similar revenues, add additional items to the menu offering, or modify the concept completely. Alternate food options that may work well out of this location include Thai, Korean or Mongolian BBQ, Philippine, South American (Peruvian, Argentine, Brazilian), American BBQ, Hamburgers and Hot Dogs, or even Vietnamese Pho or Sushi.

Reason for Selling:

Personal

Additional Details:

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