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Italian Restaurant - Excellent Location
Location: United States -> California -> Southern California - All Southern California -> Los Angeles
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Italian Restaurant In Excellent Location And Short Hours

RRC#: 2104
Asking Price: $49,000
Location: Los Angeles, Los Angeles, California
Yearly Revenue: $216,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 3308 + $1092 CAM

LISTING DESCRIPTION:
Coveted 5 day a week with short hours Italian restaurant located on the border of Rancho Dominguez and Compton in a commercial area with huge companies and high density offices nearby. Referred to as the Dominguez Tech Center. It is estimated that 50,000 people enter this area daily for work or work related functions. This location has been set up with multiple restaurants to service all the commercial buildings in the area. Seven other concepts share this area. Imagine all the benefits of owning a restaurant without the commitment of long hours! Open only 10:30-3pm, 5 days a week. Asset/location highlights: patio (seats 12), good sized dining room (seats 27) , large walk-in cooler, lots of stainless steel and FRP used in the kitchen areas for clean-ability, double pizza oven, POS system and much more. Growth/Expansion possibilities: open for dinner, open on weekends, add beer and wine, name change/concept change, go after catering customers more aggressively than the current owner and more. This owner has made it to the break-even point of this business. Now you take his hard work and bring the business up to the next level. Other concepts already in this complex are: Sandwich franchise, salads, pho, chinese, mexican, sushi and mediterranean. You cannot open one of these concepts. Attention Caterers, you can use this location as your home base. Handle your events from this central Freeway Close location and use the 5 day a week sales to pay your overhead. NO BROKER COOP

GENERAL INFORMATION:
Organization: Not Available | Year Established: 2000 | Current Owner: 1.5 | Employees: 2 35 hrs + Partner 25 hrs | Seating: 27 outside 12 | Square Footage: 2100 + patio | Parking: see lease |


Financials

Asking Price Range:  < $250K
Gross Revenues:   $216,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700228218
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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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