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South Bay / Lax Upscale Restaurant & Bar
Location: United States -> California -> Southern California - All Southern California -> Los Angeles
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

3 Unit Upscale Vegan Asian Chain In Heavy Traffic L.a. Downtown Office High Rises

RRC#: 2859
Asking Price: $395,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $1,974,919
Yearly Cash Flow: Contact For Info
Monthly Rent: $21,788

LISTING DESCRIPTION:
All restaurants are located in high traffic upscale food court areas that cater to the corporate business crowd as well as the local indigenous population. All restaurants are located in best downtown food courts in premier high rise buildings in the densely populated LA downtown area. This busy Vegan restaurant chain is 100% absentee run. New owner operator has Immediate $100,000+ a year cash flow! This amazing concept is ready to expand to more locations! This is an excellent opportunity to own a chain restaurant that is well established and been in business serving at the same location for many years. The business is run absentee owner and needs an owner operator to take it to the next level. It has a great reputation and loyal customer base.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2013 | Seating: 500 in food court | Square Footage: 500, 480, 510 | Days Open/Hours: Daily 10 am- 7pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,974,919 | Payroll: $52177.75 |

LEASE INFORMATION:
Monthly Rent: $21,788 | Lease Expiration: 06/25/24 | Lease Option: yes | Security Deposit: yes |


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,317,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700287708
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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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