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5 day Cafe?Restaurant in Downtown LA

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Fast Food Restaurant Business For Sale

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Seller Contact Information
vick pirnazari
Los Angeles, California

Mobile:  (818) 624-7592
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5 day Cafe?Restaurant in Downtown LA
Listing ID:  1311
Asking Price: $99,000    Status: Active
Business Type: Fast Food Restaurant  |  Fast Food Restaurant
Business Location: Broker Coop: No
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Annual Income Information
Labor Information
Gross Sales: $225,000 Full-Time Employee: 3
Cash Flow: Part-Time Employee: 2
Business Detail Information
Lease Information
Form of Ownership: Sole Proprietorship Leased SqFt: 1,600 SF
Year Established: 13 Rent /Month (Include NNN): $4,000
Accounting Info(years): 3 Lease Exp.Date: 12/31/2017
Franchise: No Original Lease (# of yrs): 5
Liquor License: No Lease Left (# of yrs): 5
Seating Available(#): 40 Lease Option (# of yrs): 3
Parking Space(#): 2 Lease Renewable: Yes
Hours of Operation: Mon - Fri 7am-4pm Lease Transferable: Yes
Reason For Sale: moving out of state Rent Increase: 3
Seller Training Available: Yes   (one week)
Price Description
Financial Information
Real Estate Included: No Seller Cash Out:
Real Estate Value: Seller Financing Available: No
Fixture & Equipment Included: Yes Seller Financing Amount:
Fixture & Equipment Value: $250,000 Seller Financing Term(years):
Inventory Included: Yes Annual Interest Rate:
Inventory Value: $8,000 Min. Down Requested:
Business Description
5-Day Fast Food Restaurant In Heart Of Downtown Los Angeles Close At 4pm. No Long Restaurant Hours (Has Potential For Open Weekends & Longer Hrs) Restaurant Does Not Need A Lot Of Advertisment, It Is The Only Restuarant In The Block! Large Roomy Full Kitchen Easy Menu, Keep As Is Or Modify Great Opportunity For A Kosher Restaurant *potential "Menu" Restaurant Turn-Around! *rent Is 4,000 But That's Including All Utilities (Water, Power, & Gas), Maintenance In Restrooms, Trash & Pest Control! *store Size Is Apprx. 1600 S.F. *seats Up To 40 People. *lease Remains 5 Years Plus 3 Year Option. *lots Of Traffic (Below A High-Rise Building) & Located In A Very Good Downtown Area With Alot Of Buildings & Condos Nearby! *business Opens Early 7:00am To 4:00pm Monday Thru Friday. No Weekends! Note: The Current Owner Has Been Steadily Improving This Business In Different Aspects, Making It The Successful And Profitable Restaurant It Is Today, As Well As Allowing For Future Owners To Easily Follow A Streamline Guideline To Operate This Business. ~serious Buyers Only~.


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