Opened in 1957- Lakewood Area Casual Restaurant

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$69,500 $240,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Opened in 1957- Lakewood Area Casual Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $69,500
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 979711533
Broker Reference #: 3253

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Business Overview:

Opened in 1957- Lakewood Area Fast Casual Restaurant-Full Kitchen- Asset Sale-Owner Retiring.

RRC#: 3253
Asking Price: Offered At $69,500
Location: Los Angeles County
Annual Revenue: $240,000
Annual Cash Flow: Contact For Info
Monthly Rent: $3,600 base rent $1,670 cams

57 years in business with great reviews and following. Open daily, serving sandwiches, burgers/fries and Mexican items. Relocated to newer location 7 1/2 years ago with well equipped kitchen including: hood, walk-in cooler, freezer and 30ft. service counter and storage. 1500 sq. ft. restaurant features a spacious kitchen and work space with seating for 40. Equipment includes: 8 ft hood, 4ft grill, 2-4ft refrigerated prep tables, 4 burner stove top with oven, 36' salamander, 2 double fryers, ice maker, slicer, meat tenderizer, 3-TV's, 17 tables, 37 chairs, 4 bar stools, cash register, camera system, grease interceptor, 11 storage racks, ice tea dispenser, microwave and coffee maker. This is an asset sale, seller is not providing financials. Make you best offer!

General Information:
Organization: Sole Proprietorship
Established: 1957
Current Owner: 1989
Employees: 4
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $20,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $240,000
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: $20,000

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Additional Details:

  • The property is owned.
  • The owner is not 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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