Chinese Fast Food - Close to Hollywood Star Walk

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$240,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Fast Food - Close to Hollywood Star Walk Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $240,000
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 WJ

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Business Overview:

Listing # - 5291 WJ

Chinese Fast Food - Close to Hollywood Star Walk.

Situated in a plaza on a major street in West LA, 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 hours 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 restaurant 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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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