Hot Listing
Cole's French Dip - Sale Pending
Business Description
Oldest restaurant in Los Angeles that was established in 1908. After a $1.6 million restoration in 2008, Cole's French Dip was once again revived. This classic restaurant and bar continues with a cool vibe and brand that is well known. This brand can be further expanded with licensing agreements, franchisee, and many other opportunities. Well known for it's longevity, food, and even film credits, this is a unique opportunity to own one of LA's favorite brands. Current operating revenue is profitable with tremendous upside for the right group or operator.
About the Business
- Facilities & Assets
- Available with Due Diligence
- Website
- https://www.colesfrenchdip.com/
- Market Outlook / Competition
- Unique operation with a brand that can be expanded worldwide. Oldest restaurant in Los Angeles, established in 1908.
- Opportunities for Growth
- This is a concept that can franchised and located in transit locations across the country.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,076
- Rent
- $10,359.00 per month
About the Sale
- Seller Motivation
- Sellers are focused on other investments and would like to see Cole's French Dip
- Transition Support
- Operating support available, subject to terms.
- Financing Options
- Cash sale, but negotiable
Listing Info
- ID
- 2369302
- Listing Views
- 2153
Attached DocumentsAttachment Disclaimer
Cole's DTLA Historic Restaurant Confidentiality Agreement.pdf
Business Location
Listing ID: 2369302 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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