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Restaurant for sale on Restaurant Row of Downtown Los Angeles

| Asking Price: | $200,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
EXTREMELY LOW RENT! Hottest Location in LA
The market rental rate for this area is $3.25/sf+NNN. This 9 year lease is locked in at $1.34/sf. YOU WILL SAVE MORE THAN $600,000 OVER THE 9 YEAR TERM! That equates to a monthly savings of $5600 Plus you will pay $0 NNN charges that are usually in the range of $.35 to $.85/sf/month.
In other words: You are buying a lease that is heavily discounted and you're getting a fully equiped restaurant in the best location downtown.
LOCATION LOCATION LOCATION: This Restaurant is located within the Financial District on the “Restaurant Row” of Downtown Los Angeles near the corner of W.7th & Grand Ave. There are six new restaurants /bars on the same block (BOTTEGA LOUIE, Seven, 7/Grand Whiskey Bar, Maison, Sandellas, Malo). All new condominium buildings in the immediate area. A Huge lunch business that caters to thousands of Class-A office workers, and a booming night and late night business that is drawing people from the West Side, SF Valley, South Bay, Hollywood and Pasadena! This restaurant is in the center of the hottest nightlife of downtown.
Details:
• 2650 Square Feet
• $1.34/sf/month!
• 9 year lease (option/s to be negotiated with Landlord)
• FF&E Included (including 12’ Hood, walk-in freezer & cooler)
• Ample Parking
In addition, this restaurant space has the possibility of an increase in size by 1400sf with an additional 18' of street frontage. Additional square footage shall be negotiated with the Landlord.
Sale Price: $200,000
For more information contact Chris Ortman 213-500-2794, chris@alineinternational.com
In other words: You are buying a lease that is heavily discounted and you're getting a fully equiped restaurant in the best location downtown.
LOCATION LOCATION LOCATION: This Restaurant is located within the Financial District on the “Restaurant Row” of Downtown Los Angeles near the corner of W.7th & Grand Ave. There are six new restaurants /bars on the same block (BOTTEGA LOUIE, Seven, 7/Grand Whiskey Bar, Maison, Sandellas, Malo). All new condominium buildings in the immediate area. A Huge lunch business that caters to thousands of Class-A office workers, and a booming night and late night business that is drawing people from the West Side, SF Valley, South Bay, Hollywood and Pasadena! This restaurant is in the center of the hottest nightlife of downtown.
Details:
• 2650 Square Feet
• $1.34/sf/month!
• 9 year lease (option/s to be negotiated with Landlord)
• FF&E Included (including 12’ Hood, walk-in freezer & cooler)
• Ample Parking
In addition, this restaurant space has the possibility of an increase in size by 1400sf with an additional 18' of street frontage. Additional square footage shall be negotiated with the Landlord.
Sale Price: $200,000
For more information contact Chris Ortman 213-500-2794, chris@alineinternational.com
About the Sale
Seller Financing:Seller may carry 30% of purchase price
KEYWORDS: restaurant, bar, pub, fine dining, lunch, breakfast, downtown los angeles, downtown LA, restaurant row,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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