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West Hollywood Quick Service Restaurant With Patio
Location: United States -> California -> Hollywood
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This West Hollywood Quick Service Restaurant may boast one of the area's most coveted location due to its accessibility as well as its coveted outdoor patio. The venue's excellent street visibility and high auto and foot traffic make it the ideal location for a new concept's flagship store launch, or for an existing concept to dramatically enhance their brand's footprint. The first class premise's outdoor patio can accommodate 10 seated and many more standing patrons, while it also has up to 6 shared parking spaces. The venue benefits from its proximity to the area's high concentration of late night bar and entertainment venues.

Asking price $120,000

This 1,000 square foot restaurant leases for $9,340 per month plus $550 in common area maintenance (CAM) expenses. All of the business's furniture, fixtures and equipment will be included however the concept, name, telephone number, website and recipes will not be part of this asset sale.

While competition certainly exists in this highly popular area, this venue's dominant location with a patio, extraordinary visibility and onsite parking available provide it a uniquely sustainable competitive advantage.

While the concept is not included in the sale, new operators may wish to capitalize on the coveted location and area's popularity to launch an entirely new concept that caters to the daytime, afternoon, evening and late night crowds. Alternately, they may rebrand this already proven concept.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $678,992
Cash Flow:   $102,428
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Personal

Photos

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West Hollywood Quick Service Restaurant With Patio Photo 1




Print Listing Id: 700316980
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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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