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Restaurant / Catering Business For Sale
Location: United States -> California -> Southern California - All Southern California -> Los Angeles
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

-Prime West LA Location: La Cienega/Pico (90035). Priced at $79,000 -Floor layout is ideal for a Restaurant with need for simultaneous Catering, wholesale food distribution or commissary Kitchen - Approximately 1350 Square Feet (There is a separate prep room/Area which is about 500sf in the back that can be used for catering and not affect the front of the house or the hot line) -35-seat capacity -180 square feet of Walk-in Fridge/Freezer + 1 Reach- in Fridge and 1 Reach-in Freezer -New 10-Foot Hood with current Ansul Fire Suppressant System -Convection Oven, Standard oven, 6 burner stove, Double-Burner Stock Pot Range, 4-Stack SS Smoker, 36'' Char-broiler, steam tables, 5 Sinks, shelving, Over 6 Stainless Steel Prep Tables, Lowboy Fridge, brand new Water Heater, Fire Exhaust, 200-guest full service china/glass/Silverware in crates, Professional Chafing Dishes with Dome Tops, Buffet Sneeze Guard, 3 Heat Lamps etc... - Health Department permits already in place (ready to open turn-key opportunity) - Brand new floor tiling and Custom Pine Cabinetry -Sale Price will include flat screen TV as well as a professional stereo with surround sound -Top of the line Central Air Conditioning/Heating Unit - Brand new Ceiling lights and panels - All pluming was done professionally with welded copper piping -This space is in mint condition from top to bottom -Business is on a signalized corner with an average 57,000-car count per day of traffic -P & L reflecting $25,000 of consistent Catering Sales alone per month within demographic (And that is not even including restaurant sales) -3 Year lease at $2500 per month w/ (2) Three-year additional lease options -That's $1.92 per square foot including NNN -Owner is motivated to sell and willing to carry portion of paper - This is a FF&E Sale - Strip mall has 13 Parking Spots up front plus 4 handicap space in rear - Email or call (310) 855-2664.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available
Reason For Selling:  Looking to invest in alternate real estate venture

Photos

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Restaurant / Catering Business For Sale Photo 1 Restaurant / Catering Business For Sale Photo 2 Restaurant / Catering Business For Sale Photo 3




Print Listing Id: 700155681
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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