Seller's Contact Information
- RE: Chinese Fast Food - Close To Hollywood Star Walk
- Contact: Agent On Duty
- License #: 01995716
Quick Facts
| Asking Price: | $195,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 3 | |
| BBN Listing #: | 416155232 | |
| Broker Reference #: | 5291 WJD |
Business Overview:
Listing # - 5291 WJD
This Chinese fast food is situated in a plaza on a major street in West LA, with heavy foot traffic on major streets with chain stores such as department stores, franchise stores, banks, corporations, etc.
It is only one mile away from Hollywood Star Walk. It has a lot of nightlife activities, so 7-11 and 24-hour Subway are around.
The store on the side by the major street in front of the bus stop has open doors and windows so everyone can see from the street.
The current owner bought the store 20 years ago. It has a strong foundation in the area. They are looking for retirement to sell it.
They close Sunday and early by 7 pm at night, right after they sell out the last cooked meals.
The area is full of 24-hour activities that can serve breakfast, lunch, and late dinner. Many workers around are working at night and stop by here to eat early.
The new owner can definitely increase sales by extending the operation hour and take-out with food delivery service.
It is an excellent opportunity with an established restaurant business with a development opportunity!
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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