Sunset blvd in Silverlake etablished food

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Sunset blvd restaurant, Silverlake near Echo Park
Asking Price:
$105,000

Gross Revenue:
$350,000
Cash Flow:
$120,000
EBITDA:
$30,000
Inventory:
 Not Disclosed

FF&E:
$25,000
included in asking price

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Business Description

1000 square feet currently operating
Hood in place, sinks. 1050 sf per lease, demised into two storefronts. If you are looking to remodel and build and food concept that will fit into 1000 square feet, or takeover a facility with an existing infrastructure, this may be the place. This desirable Sunset blvd. location puts you in the epicenter of the high end food scene where you can get your brand noticed. Building owner/management are very reasonable and rent is under market making this a great portfolio location. Be prepared to answer pre-screening questions from agent. This business opportunity is available to transfer in escrow to any qualified buyer upon negotiation.

About the Business

Location:
Los Angeles, California
Year Established:
2014
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
12,000
Rent:
$4,000.00 Per Month
Lease Expiration:
7/31/2024
Facilities:
hood, vents, a/c, sinks, currently operating.
Demised into 2 storefronts currently.
Market Outlook/
Competition:
Los Angeles is the top food scene in the country, you cannot be better located.
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About the Sale

Reason For Selling:
Expanding into a different location.
Training/Support:
none

Listing Info

ID:
1494930
Ad Detail Views:
362

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Business Listed by
Josh Levine

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