Italian Restaurant – AS IS Sale- Can Change Concept

Price: $60,000

Location: Los Angeles County, CA

Industry: Italian Restaurants

Listing ID: 01985424LSM

Listing Status: Reduced Price

Description

Listing ID - 01985424LSM

Newly established restaurant in the vibrant South Bay area of Los Angeles County.

Experience the unique opportunity to own a freshly constructed 1,196-square-foot restaurant specializing in pizza and pasta with house-made pasta.

Established in late 2023, this delightful eatery is now available due to the seller's need to prioritize their other two businesses, making it challenging to manage all three efficiently.

Situated in a prime location on a busy street in South Bay, this restaurant enjoys proximity to schools, businesses, and residential areas, ensuring a steady flow of potential customers.

Its versatile setup allows for an easy transition to various culinary concepts, including Burgers, Asian cuisine, Mexican dishes, Wings, or even Philly Cheesesteaks, offering the new owner a wide range of possibilities.

The property has a very attractive lease agreement, extending until 2031, ensuring long-term stability and low overhead costs.

This is an excellent chance to acquire a fully equipped and operational restaurant in a sought-after area, complete with an advantageous lease agreement.

Take advantage of this exceptional business opportunity in the heart of South Bay, Los Angeles County.

LISTING DETAILS

Down Payment: $60,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $12,000

FFE Included: Yes

Inventory: $15,000

Inventory Included: Yes

Operation

Year Established: 2023

Days & Hours of Operation: 6 Days (Mon to Fri: 11am - 7pm) / (Sat: 11am - 5pm)

Owner Hours Per Week: 10

Non-Owner Payroll: N/A

Employees: 3

Absentee Owner: No

Lease Option: 5 Year Option

Location

Real Estate: N/A

Monthly Rent: $3,883

Type of Location: Strip Mall

Square Footage: 1196

Summary

Reason For Sale:

Other Business Interests

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LISTING OWNER