Restaurant / Catering Business For Sale

Listing ID: 700155681

Listing Title: Restaurant / Catering Business For Sale

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Southern California - All Southern California

City: Los Angeles

Asking Price Range: < $250K

Gross Revenues: $500,000

Cash Flow: $200,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2010

Number of Employees: 4 - 5

Business Description:
-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.

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