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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 Boulevard Area (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 (Existing Decor / Theme is BBQ, however, the layout is liquid and adaptable to any concept). 180 square feet of Walk-in Refrigerator and 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. Security Cameras installed all around perimeter of building. 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 with (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.


Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

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

Print Listing Id: 700155680
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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  > 

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