Asset Sale Description
Priced to sell fast this 1,650SF turnkey 2nd generation restaurant with patio in front was renovated into a gorgeous space in 2023. It is centrally located in Culver City on a prime artery in a buzzing neighborhood, near city park, schools, restaurants, shopping.
This sale includes all the Fixture & Equipment (FFE), the leasehold improvements including two 10 feet hoods, a pizza oven), the leasehold improvements, a great rent rate , about 7 1/2 remaining lease including two 3-years options (details below), and much more.
Currently an Italian Eatery - Develop the concept or bring your own.
2 bathrooms. There is the possibility to bring/apply for an ABC license (type 41 or type 47).
RENT - $4,635 base rent + approx. $1,250 nnn/mo
$5,985.00 rent all in per month
3% yearly raise or CPI if above 3%
LEASE - There is a lease through October 2026 in place + two (2) three-year options,
This sale includes all the Fixture & Equipment (FFE), the leasehold improvements including two 10 feet hoods, a pizza oven), the leasehold improvements, a great rent rate , about 7 1/2 remaining lease including two 3-years options (details below), and much more.
Currently an Italian Eatery - Develop the concept or bring your own.
2 bathrooms. There is the possibility to bring/apply for an ABC license (type 41 or type 47).
RENT - $4,635 base rent + approx. $1,250 nnn/mo
$5,985.00 rent all in per month
3% yearly raise or CPI if above 3%
LEASE - There is a lease through October 2026 in place + two (2) three-year options,
Detailed Information
- Years in Operation
- 2
- Facilities & Assets
- Turnkey 1,650 SF space: 2 bathrooms , High ceilings with wood beams, 120 ft frontage
Very large kitchen with TWO (2) HOODS 10 FEET EACH
storage area
FFE includes: Moretti double-deck gas oven for pizza or bakery + 4 burners + 1 fryer + refrigerated prep table + pastry cart, one (1) 3 doors refrigerator + one (1) double doors freezer + shelves + tables + chairs + plates + cutlery, umbrella(s), and more.
About the Sale
- Transition Support
- if needed, up to 2 weeks - 12 hours per week
Listing Info
- ID
- 2367628
- Listing Views
- 644
Listing ID: 2367628 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. See our full Terms of Use. Learn how to avoid scams.
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