South Bay / Lax Upscale Restaurant & Bar

www.GlobalBX.com

Listing ID: 700287708

Listing Title: South Bay / Lax Upscale Restaurant & Bar

Quick Link: http://www.globalbx.com/listing.asp?bId=287708

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: $1,317,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 6 - 9

Business Description:
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 |



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