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Downtown Los Angeles Food Court Outlet Prominent Location in Unique Center!

California, Los Angeles
Asking Price $65,000.00
Gross Income $180,000.00
Cash Flow $180,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Specialty Restaurant
Overview
This Downtown Los Angeles restaurant is located in one of Downtown’s best known food courts. The business, which has been established over five years, offers its loyal patrons a steadfast non-Chinese Asian food fare at an excellent price. This efficient kitchen, which benefits from a large shared seating area, has a beverage fountain, deep fryer, grill, two stoves, an oven, salad preparation table, refrigerated food prep tables, a large refrigerator, and a three bucket dishwashing sink.
Business Details
Location and Facilities: This ultra-efficient 330 square foot facility leases for a nominal $2,300 per month on a lease with one year remaining and one five year option. As such, a new lease will likely be granted upon the sale. The lease includes all water and estimated electricity expenses. All of the business’s furniture, fixtures, equipment, goodwill, and lease rights will transfer in the sale.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: This Asian kitchen is located in an ultra-busy food court setting. The small kitchen has maintained consistent levels of profitability for years. A new owner may seek to maintain the same concept to achieve similar revenues, add additional items to the menu offering, or modify the concept completely. Alternate food options that may work well out of this location include Thai, Korean or Mongolian BBQ, Philippine, South American (Peruvian, Argentine, Brazilian), American BBQ, Hamburgers and Hot Dogs, or even Vietnamese Pho or Sushi. Competition: There is no shortage of direct competition immediately surrounding the restaurant. That said, no other restaurants offer the same food fair, or even comparable food fare from the same country of origin, providing this location a competitive advantage over other dining options.

Reasons for Selling: Personal

Financing:

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