Business For Sale

Silverlake Quick Service Restaurant!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$350,000 $474,736

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Silverlake Quick Service Restaurant! Broker: Ryan Clark

Quick Facts

Asking Price: $350,000
Annual Revenue: $474,736
Net Profit: Not Disclosed
Cash Flow: $106,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 10304929
Broker Reference #: ComfCaf

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Business Overview:

This quaint Silverlake area quick service restaurant is a well-established neighborhood favorite with a highly scalable concept. The concept and brand, established in 2008, is remarkably straightforward and manageable.

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Property Features and Assets:

The 1,000 square foot venue will lease for $4,500 per month on a new 10 year lease with 1 five year option at a rate that remains to be determined. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $2,000 in food inventory will be sold at cost at close.

Market Competition and Expansion:

While competition exists, this business is slightly protected due to the convenience its offers neighborhood residents in its unique geographic location coupled with a complementary client base provided by neighboring businesses. Of course, it helps that they offer a remarkable product that had bolstered brand loyalty year over year. New operators will likely want to expand the operating hours to be open seven days per week. They may also consider offering a breakfast menu. Because the concept’s product receives such rave reviews, the brand and its menu / recipes may be the start of a multi-location regional chain.

Reason for Selling:

Personal

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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