Price: $299,000
Location: Los Angeles County, CA
Industry: American Restaurants
Listing ID: 01985277JH
Listing ID - 01985277JH
For sale is a restaurant, newly built.
It has a full kitchen with new equipment. Seller's build-out cost: $700K +.
There is a Beer & Wine (Type 41) license.
The seller must sell due to family situations.
New menu conversion is possible with the landlord's consent.
Store size: 3,200 SF / Monthly rent: $13,200 with Lease terms: 4+ 4 @ 5 YEARS / Seating capacity: 100
Open hours: Mon-Fri 11 am to 10 pm, Sat 11 am-11 pm, Sun 11 am-9 pm
Down Payment: $299,000
Total Sales: $780,000
Cash Flow: $120,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $150,000
FFE Included: Yes
Inventory: N/A
Year Established: 2022
Days & Hours of Operation: 7 Days (Mon - Thur: 11am to 10pm) / (Fri - Sat: 11am to 11pm) / (Sun: 11am to 9pm)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 12
Absentee Owner: No
Lease Option: 4 @ 5 Years Option
Real Estate: N/A
Monthly Rent: $13,200
Type of Location: Strip Center
Square Footage: 3200
Franchise: Yes
Reason For Sale: Family