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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com

Business Listing Details

LISTING#:
01984913DK

C0520: Restaurants
ITALIAN RESTAURANT HIGHLY RATED PIZZAS BEER & WINE
LOCATION: Los Angeles
  
ASKING
PRICE

$695,000
AMOUNT
DOWN

$695,000
REVENUES:
  
$1,380,000
DISCRETIONARY
EARNINGS

$240,000
TOTAL
ASSETS

$450,000
Highly Rated Italian Restaurant
-Great YELP Reviews.

-Free Standing Restaurant on a Major Intersection in L.A.
-One of Zagat's "10 Best Things We Ate This Month Around LA.
-CONFIDENTIAL SALE - Qualified Buyer will need to provide proof of fund.
The restaurant offers many shareable wood-fired dishes, including several vegetarian options as well as an array of traditional Neapolitan pizzas and great pasta dishes.  
Great ambience with seatings both inside and patio (37 inside, 40 patio).
Has Type 41 ABC License (Beer & Wine).
Situated on a marquee location in Los Angeles, this restaurant had several renovations to upkeep it's ambience.
Plenty of parking on a free standing property.
The semi-absentee owner runs this business with help from 17 employees (6 full time, 11 part time).
Consistent & improving sales over the years.
Additional Catering opportunity with social media marketing.
Current lease has two 5 year options after 2024. 
This business will be sold fast so please act now.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Associate on Duty
Phone:  (562) 402-2686
E-Mail:  socalvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
Listing Number:  01984913DK
 


Best Pizza!