LOS ANGELES, California
| Asking Price |
$75,000 |
Year Established |
2010 |
|
| Annual Revenue |
$1,100,000 |
Reason for Selling |
Franchise Agreement is ending |
|
| Annual P/L |
$0 |
Attention |
Rolando Aldabert |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018025 |
|
| # of Employees |
10 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Fully Equipped Pizza Restaurant - 2nd Gen Ready - Former Papa John's
Second-generation pizza restaurant asset sale in Westwood, Los Angeles. Former Papa John’s location at 1301 Westwood Boulevard near Westwood Village, UCLA and Wilshire Boulevard. Existing restaurant buildout, furniture, fixtures and equipment provide a ready platform for a new pizza or compatible quick-service concept. The space was designed for production, takeout and delivery, helping reduce startup costs and time to open. Strong surrounding residential and commercial density and visibility. Buyer will bring their own concept, subject to landlord approval and required permits. Seller-reported revenue is historical; this is an asset sale. All assets, financial information and lease terms are subject to buyer verification.
Property Features and Assets:
<p>Fully built-out restaurant space with existing commercial kitchen infrastructure, equipment, fixtures, furniture and restaurant improvements in place. Former Papa John’s location designed for pizza production, takeout and delivery operations. Sale includes the existing FF&E, providing a new operator the opportunity to significantly reduce the time and expense associated with building out a restaurant from scratch. Ideal for pizza, QSR, takeout, delivery or another compatible restaurant concept.<br><br>Reported size: 1,700 SF. Monthly rent: $8,300. Lease: 8 Years remaining on current lease.<br></p><p><br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity