Business For Sale

Newer Restaurant in a Popular Mall-Semi Absentee

Not Disclosed, CA
Los Angeles County

Los Angeles Area

Asking Price: Annual Revenue:
$149,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Newer Restaurant in a Popular Mall-Semi Absentee Broker: Vic Kharadjian
License #: #01009458
Owner Financing is Available!
Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.

Quick Facts

Asking Price: $149,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 5
BBN Listing #: 940435994
Broker Reference #: LA0361

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Business Overview:

This restaurant started recently in mid January of 2018, is developing a reputation for serving quality food made from the freshest ingredients available. This is a turnkey restaurant with full kitchen, and with all new updates in place as per the Mall’s, Health Department, and city requirements. All the furniture, fixture, and equipments are newer condition, and fully paid off, same as the lease hold improvements.
As we know it is extremely difficult and time consuming to start a restaurant inside a popular Mall, and as per the seller this is the only restaurant that has the right for serving hamburger concept (Exclusive Use), however, the buyer if he/she desire to do so, will be able to change the concept if the buyer concept will not duplicate and conflict with another restaurant that has the same food concept in the food court.
This business is being priced and sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Vic Kharadjian to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Located in the food court of a popular Mall. The facility is bright, cheery and extremely well maintained. The facility is loved by all ages. The patrons come from all over the San Fernando Valley. The location is surrounded with national tenants.

Market Competition and Expansion:

This restaurant has been successful even with the owner running it as semi absentee. A full time owner/operator should be able to maximize the full potential of this great restaurant.

Reason for Selling:

Far Commute.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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