West Hollywood Restaurant w/Patio & Parking!

West Hollywood, CA
Los Angeles County


Asking Price: Annual Revenue:
$95,000 $454,750

Food & Beverage: Restaurants, Fast Food, Deli


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RE: West Hollywood Restaurant w/Patio & Parking! Broker: Ryan Clark

Quick Facts

Asking Price: $95,000
Annual Revenue: $454,750
Net Profit: Not Disclosed
Cash Flow: $34,279
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 66514929
Broker Reference #: MelWeho

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Business Overview:

This West Hollywood restaurant with an outdoor patio and onsite parking boasts a high visibility location ‘on the boulevard’ in the heart of West Hollywood. The venue has seating for approximately 20 persons inside and 10 on the outdoor patio. The customer area includes 2 reach-in display coolers and dry goods retail shelving, a deli display case, as well a coffee, juice and smoothie equipment, soup warmers, panini presses and a countertop oven and warmer under a spacious hood. The back of the house has a 2 door fridge and 2 door freezer, deli slicer, 3 bucket sink and separate manager’s office.

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Property Features and Assets:

This 1,200 square foot venue leases for $7,192 per month plus approximately $508 in common area maintenance expense (CAM) on a lease until October 2022 with one 5 year option. While the name, menu and concept will not be included in the sale, all of the business’s non-brand specific furniture, fixtures and equipment will be included.

Market Competition and Expansion:

This bustling corridor of Santa Monica Boulevard hosts a variety of concepts, leaving no shortage of competition. This location’s onsite parking lot(s), street front visibility and outdoor patio provide it a distinct advantage over several competing venues. New operators may wish to implement any number of concepts in this versatile location. Everything from a take-out or delivery oriented fast food or fast casual food outlet may work, a deli, dessert or retail oriented concept may similarly thrive given the location’s attributes. Sushi should not likely be considered since there is a venue in the same complex.

Reason for Selling:

Personal

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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