Owner Financing is Available
Business for Sale Overview:
Asset Sale. Just Over 4 Months Old, Fine Dining Restaurant. Recently Remodeled at a Cost of 375,000.
Partnership split has forced the sale of this Restaurant with an excellent location and exposure on the corner of major Downtown LA streets. Very elegant, exposed exterior and interior design. Patio setting with flat screen TV. Restaurant is a spacious 2,750 square feet with a seating capacity of 60. Dining area tastefully furnished with marble tables, custom-made booths and beautifully crafted waterfall, creating a relaxing ambiance for diners to enjoy.
Currently operating during lunch hours only. Huge, fully equipped kitchen with POS system. Structurally ready for beer and wine license application submission.
Lots of potential for growth in this up and coming location in the midst of hundreds of thousands of square feet of offices, thousands of residential condominiums and all of the major Downtown retail outlets.
Come and make an Offer — this Restaurant really stands out in this neighborhood. Can be converted to serve any Cuisine.
Asking price: $120,000. Owner financing available for qualified buyer.
Location: Downtown LA
Rent: $5,000 Per Month
Lease Terms: Expires2014 plus 2-5 year options
Square Foot / Size: 2,750
Patio Seating: Yes
Hours: 7 days Mon - Sat 11am to 3:00pm / currently open for lunch only.
Fully equipped kitchen.
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.
Reason for Selling:
Partnership Split
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.