No Rent Next 16 Years! Attractive Restaurant

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$1,450,000 $1,671,039

Food & Beverage: Restaurants, Fast Food, Deli

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RE: No Rent Next 16 Years! Attractive Restaurant Broker: Seller of Business

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $1,671,039
Net Profit: Not Disclosed
Cash Flow: $128,604
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 417611533
Broker Reference #: 3581

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Business Overview:

No Rent Next 16 Years! Attractive Restaurant & Beer Garden High Demand LA Location-Built in 2018

RRC#: 3581
Asking Price: Offered At $1,450,000
Location: Los Angeles County
Annual Revenue: $1,671,039
Annual Cash Flow: $128,604
Monthly Rent: Contact For Info

Listing Description:
Opened in 2019. New construction from the ground up! Over $1,600,000 in annual sales and growing! Bright and airy with high ceilings & walls of glass. ABC Type 41 license. Over $1,200,000 spent on the construction of the building, kitchen and patio garden. Featuring all new electrical, plumbing, HVAC, flooring, kitchen, bathrooms and handsome furnishings. They opened their doors in January 2019 and sales are increasing each month. Serving pub food, vegan items and craft beers with happy hour during the week and breakfast/brunch on weekends. Rent would be approximately $10,000 a month for this location. Lease allows for rent abatement for over next 15 years. No triple net charges. Parking for 5 cars plus street parking. Lot is approximately 5200 sq ft. Equipment includes: 12- Beer Tap Tower System with glycol machine, one-door reach in refrigerator, 20 quart stand mixer, 2-door True counter refrigerator, sandwich prep, 2 door
proofer, 1 door Duke double gas convection oven, 5 ft. maple top baker table, 4 drawer chef stand, 6 burner cook top, 2- 35 pound deep fryers, 2 gold metal waffle irons, 2 door reach in freezer ( off site), walk in freezer, walk in cooler, 3 Hagasaki state of the art on demand hot water heaters, 1 hot water booster, No-salt water, softening system, Quadruple reverse osmosis water filter, full drip irrigation system, state of the art grey water collection system, 4 built in Sunpack S-34 patio gas heaters, state of the art Russ-Sound system/ indoor and outdoor, 8 camera DVR security system, True 2 door bottle cooler, glass doors, double Espresso Machine Simonelli, Espresso Grinder, True undercounter 1 door refrigerator, Bunn Brew Wise Dual Soft Heat Brewer with extra satellite warmer, Bunn Brew wise grinder, Bunn Ice Tea brewer, Ice O Matic undercounter 350 pound ice maker, reach-in ice cream freezer. Tables, chairs, patio furnishings.

General Information:
Organization: Corporation
Established: 2019
Current Owner: 2018
Employees: 26
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $139,253
Monthly Cash Flow: $17,461
Annual Revenue: $1,671,039
Annual Cash Flow: $128,604
Payroll: Contact For Info

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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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