Business For Sale

Profitable food Court Restaurant in DTLA

Los Angeles, CA
Los Angeles County

DTLA


Asking Price: Annual Revenue:
$215,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable food Court Restaurant in DTLA Broker: Tony Cordi
License #: 01783119

Quick Facts

Asking Price: $215,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 6
BBN Listing #: 213154814
Broker Reference #: Not Disclosed

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Business Overview:

Profitable downtown LA food court restaurant with potential to double sales and triple profits. Thousands of people descend daily on this food court located at the base of a high performing outdoor mall, adjacent to several DTLA high-rise buildings full of hungry lunch-time office workers. This 960 square foot restaurant has the best location within the venue of 11 other restaurants as it's the first one visitors see walking in the main doors. The kitchen has 4 hoods.

The seller's success at this location has significantly boosted his lucrative catering business and he has decided to focus on this business instead. Seller spent over $600,000 in building out this space!

5-years left on the original lease with two (2) 5-year options after that. Current total rent is $7,888/month after all NNN charges.

We will cooperate with other qualified agents and brokers.

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Property Features and Assets:

Highly popular food court location right in the heart of downtown Los Angeles. Just under 1,000 square feet in the best location in the food court. Thousands of people eat there daily.

Reason for Selling:

Seller to focus on lucrative catering.

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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