Customer Embraced Downtown Restaurant

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$175,000 $576,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Customer Embraced Downtown Restaurant Broker: Ryan Clark

Quick Facts

Asking Price: $175,000
Annual Revenue: $576,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 6
BBN Listing #: 26254929
Broker Reference #: Dtla BNA

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Business Overview:

This customer-embraced downtown restaurant boasts an innovative setting in a highly popular location. The concept’s popularity has resonated with its loyal client base, which is comprised of a healthy mix of local residents, students, employees and visitors. Any number of concepts may potentially similarly thrive in this high foot and drive by traffic, high visibility location.

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Property Features and Assets:

This venue has a more than enough kitchen, food preparation, dishwashing and sales counter and customer dining space to successfully operating in its unique location. The kitchen has a grill, deep fryer and the necessary equipment for the business to be self-sufficient. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Its inventory will be sold at cost at close in addition to the purchase price.

Market Competition and Expansion:

While competition exists in the area for similar fare, this venue’s unique atmosphere and location provide it the draw for its client base. Competing venues exist with different food offerings however all operators benefit from this as it brings customers to this area with a high concentration of various options. New operators may continue to operate with the existing brand or any future iteration of it, which has already proven successful or they may choose to capitalize on the prime high visibility, high foot traffic location to implement their own food concept.

Reason for Selling:

Personal

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.

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