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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Sba Loan Pre Approved Restaurant For Sale

Los Angeles, California - South, US
Asking Price:
$750,000
Sales Revenue:
$2,349,716
Cash Flow:
$306,000

SBA Loan Pre-Approved - 2000 sq ft Restaurant & 1500 sq ft Outdoor Patio Garden - Creative Food for Breakfast, Lunch & Dinner.

RRC# 4546
Location:

Description:
Pre-Approved for a SBA long term Loan. This restaurant is located in a residential neighborhood of the east-central region of Los Angeles, northwest of downtown, bordered by Silver Lake to the west and Chinatown to the east boasting annual profits of $306,000.
A menu full of American and European from Chicken Panini to Beef Burgers and Bolognese Pasta during lunch and dinner, to Spanish Frittata and Salmon Benedict at Breakfast. Seating that follows an indoor/outdoor flow with a patio garden, where each table feels like a unique corner of the world, shrouded by various trees. 2,000 sq ft kitchen and dining room seating 65 and a 1,500 sq ft Outdoor Patio seating a further 50. ABC Beer and Wine license is included which is a much need attribute to Weekend Brunch Champagne. During the day, you’ll feel like you are eating in an English garden, while in the evening, you’ll be transported to your own Parisian rendezvous with twinkling lights. 2022 annual Revenues $2million with profits of $306,000 and rent at only 6% of sales.
Recent Review “This place is a solid 10/10 when it comes to great food, cute ambiance, and amazing customer service! It was very cute. It felt like we were having our lunch in our backyard, only cuter.”
This is Turn Key and includes a fully equipped kitchen, attractive dining room and outdoor seating in the mature garden and located in an extremely nice neighborhood of LA County.
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

Financial Information:
Monthly Revenue: $195,810
Monthly Cash Flow: $25,500
Annual Revenue: $2,349,716
Annual Cash Flow: $306,000
Annual Payroll: $761,133

General Info:
Ownership: LLC
Established: 2000
Current Owner: 2020
Employees: 45
Reason For Sale: Other Interests
Monthly Rent: $12,295 Inc NNN
Expiration: 2030 plus 5 Yr Lease Option

Facilities:
Square Feet: 2,000 Indoors & 1,500 Patio
Seating: 115
Parking: Street (Ample)
Licenses: ABC Type 41, Business & Health Permit
Days/Hours of Operation: 8.00am - 9.00pm Daily

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $12,295 Inc NNN
Expiration: 2030 plus 5 Yr Lease Option

Location:

Los Angeles

Premises Details:

Square Feet: 2,000 + 15,00 patio
Seating: 115
Parking: Street (Ample)

Size in square feet:
2,000 + 15,00 patio

Business Operation

Reasons for selling:

Other Interests

Trading hours:

8.00am - 9.00pm Daily

Employees:
45
Years established:
2000

Other Information

Support & training:

Yes

Listed by

Restaurant Realty Company

Broker license number: 01310250