Prime South Park Restaurant | Fully Equipped | $2,300/mo. w/ Type 41
Business Description
Position your restaurant in one of Downtown Los Angeles’ most dynamic and rapidly evolving neighborhoods. Mona Pasta Bar presents an exceptional opportunity to acquire a fully built-out, turnkey restaurant in the heart of the South Park District, bordering the Historic Core and Fashion District—an area supported by a dense mix of residents, office professionals, tourists, hotels, entertainment venues, and creative businesses.
This second-generation restaurant has been thoughtfully improved and is ready for immediate operation, allowing a new owner to significantly reduce startup costs and accelerate opening. Whether you continue the existing concept or introduce your own vision, the space is well suited for Italian, Mediterranean, wine bar, neighborhood bistro, tapas, sushi, café, brunch, cocktail bar, or other chef-driven concepts (subject to landlord approval and applicable permits).
The location benefits from exceptional pedestrian activity generated by nearby residential towers, the Fashion District, Broadway retail corridor, office buildings, hotels, and major Downtown destinations including the Eastern Columbia Building, Whole Foods, Bottega Louie, Apple Tower Theatre, and numerous restaurants, bars, and entertainment venues. Approximately 10,000 residents live within a quarter-mile of the restaurant, while the greater Downtown workforce exceeds 500,000 employees.
One of the property’s most compelling advantages is its highly favorable lease structure, featuring rent of approximately $2,300 per month, creating an unusually low occupancy cost for a fully equipped restaurant in a premier Downtown Los Angeles location.
This confidential asset sale represents an ideal opportunity for owner-operators, expanding restaurant groups, hospitality entrepreneurs, or chefs seeking an established Downtown footprint without the time, expense, and uncertainty of building a restaurant from the ground up.
This second-generation restaurant has been thoughtfully improved and is ready for immediate operation, allowing a new owner to significantly reduce startup costs and accelerate opening. Whether you continue the existing concept or introduce your own vision, the space is well suited for Italian, Mediterranean, wine bar, neighborhood bistro, tapas, sushi, café, brunch, cocktail bar, or other chef-driven concepts (subject to landlord approval and applicable permits).
The location benefits from exceptional pedestrian activity generated by nearby residential towers, the Fashion District, Broadway retail corridor, office buildings, hotels, and major Downtown destinations including the Eastern Columbia Building, Whole Foods, Bottega Louie, Apple Tower Theatre, and numerous restaurants, bars, and entertainment venues. Approximately 10,000 residents live within a quarter-mile of the restaurant, while the greater Downtown workforce exceeds 500,000 employees.
One of the property’s most compelling advantages is its highly favorable lease structure, featuring rent of approximately $2,300 per month, creating an unusually low occupancy cost for a fully equipped restaurant in a premier Downtown Los Angeles location.
This confidential asset sale represents an ideal opportunity for owner-operators, expanding restaurant groups, hospitality entrepreneurs, or chefs seeking an established Downtown footprint without the time, expense, and uncertainty of building a restaurant from the ground up.
About the Business
- Years in Operation
- 7
- Employees
- 5 (2 Full-time, 3 Part-time)
- Facilities & Assets
- Turnkey restaurant asset sale
* Prime ground-floor restaurant in Downtown Los Angeles
* Approximately 32+ guest seats
* Existing ABC Type 41 Beer & Wine License
* Fully equipped commercial kitchen
* Type I commercial exhaust hood and venting system
* Grease interceptor
* Prep kitchen and commercial sinks
* Existing bar area
* Finished dining room
* Extensive furniture, fixtures, and equipment (FF&E) included
* High exposed ceilings (approximately 18 feet)
* Modern restaurant infrastructure already installed
* Immediate occupancy available
* Adjacent parking garage under common ownership
* Existing lease through June 30, 2027 (subject to landlord approval of assignment or new lease)
This offering provides a rare opportunity to acquire a professionally built restaurant with substantial existing improvements while avoiding the significant costs, permitting timelines, and construction risks associated with developing a new restaurant from shell condition. - Market Outlook / Competition
- Located in the heart of DTLA South Park District at the intersection of the Historic Core, Fashion District, and Central Business District, Mona benefits from one of Southern California’s most diverse customer bases. The trade area is supported by approximately 500,000 daytime employees, nearly 80,000 residents, thousands of hotel guests, convention visitors, tourists, and event attendees who create demand throughout the day and evening. The population is affluent, highly educated, and accustomed to dining out frequently, with above-average spending on lunch, dinner, arts, entertainment, and nightlife. Surrounded by many of DTLA’ most recognizable destinations, including the Eastern Columbia Building, Broadway retail corridor, Whole Foods, Bottega Louie, Apple Tower Theatre, the Fashion District, and numerous luxury residential developments. mixed-use development. This diversified customer base reduces dependence on any single demand driver and provides multiple revenue opportunities.
- Opportunities for Growth
- This business offers substantial upside for an experienced owner or restaurant group looking to maximize an already-built operation. Key growth opportunities include:
* Extend operating hours capitalizing on DTLA’s evening and late-night dining scene.
* Expand alcohol sales by enhancing the existing bar program, specialty wines, craft beer selection.
* Increase catering and corporate delivery to the hundreds of nearby offices, creative firms, and residential buildings.
* Introduce chef’s tasting dinners, wine pairings, and community gatherings.
* Reposition the concept with minimal capital investment thanks to the existing turnkey infrastructure, neighborhood bistro, wine bar, Mediterranean concept, Japanese eatery, brunch café, or other chef-driven concept.
* With rent @ $2,300 per month,an opportunity to achieve significantly stronger operating margins exists.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $2,300.00 per month
- Lease Expiration
- 6/30/2027
About the Sale
- Seller Motivation
- Focus on other Businesses
Listing Info
- ID
- 2526714
- Listing Views
- 2
Attached DocumentsAttachment Disclaimer
Listing ID: 2526714 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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