Kurrypinch Restaurant - $70,000 Asset Sale - Modern Asian Restaurant in fashionable Los Feliz area of Los Angeles
RRC#5313
Asking Price: $70,000
Location: Hollywood Blvd
Annual Revenue: $674,460
Monthly Rent: $9,700
Listing Description:
Turnkey Second-Generation Restaurant in Fashionable Los Feliz - $70,000 Asset Sale
Fully built-out, turnkey second-generation restaurant in a prime Los Feliz location - ready for your next concept!
This is an asset sale including the restaurant’s existing fixtures, furniture, and equipment. The current business name, recipes, and concept are not included, giving a new operator the freedom to bring their own name, brand, and vision to the space.
PRIME LOS FELIZ CORNER LOCATION
Located on a world-famous Los Angeles street, this restaurant occupies a highly visible corner location with excellent curb appeal.
The property is conveniently located near Kaiser Permanente and Children's Hospital, within walking distance of Barnsdall Art Park and multiple newer apartment complexes. The location also benefits from its proximity to major Los Angeles attractions, including the Griffith Observatory, Hollywood Bowl, and Greek Theatre.
The nearby Hollywood Hills provide access to an established and affluent residential customer base, while the surrounding neighborhood offers a strong mix of residents, professionals, visitors, and entertainment traffic.
RESTAURANT FEATURES & IMPROVEMENTS
- Second-generation restaurant space
- Fully ADA-compliant
- New, fully paid-for appliances
- De-scaled sewage lines prior to opening
- New tankless water heater
- Type 1 hood and fire suppression system
- Beer & Wine ABC Type 41 license
- Patio seating
- Indoor bar seating for 6
- Chef’s counter seating for 6
- Open kitchen layout allowing customers to watch food being prepared
- Walk-in cooler
The existing restaurant build-out and infrastructure allow a new operator to avoid many of the substantial costs, time, and permitting requirements associated with converting a non-restaurant space into a functioning restaurant.
BRING YOUR OWN CONCEPT
The existing restaurant infrastructure provides an excellent foundation for a variety of concepts. The current concept can be completely rebranded and altered to suit a new operator, allowing the buyer to bring their own name, menu, and vision to a recently built-out restaurant.
- A long-term lease remains in place at $9,700 per month and extension may be negotiated with landlord for this prime corner location.
$70,000 ASSET SALE
At $70,000, this is an opportunity to acquire a turnkey, second-generation restaurant with substantial infrastructure, equipment, furniture, and improvements already in place.
Bring your own concept and start with a restaurant that is already built out and ready for its next chapter.
Seller is highly motivated. Quick sale preferred.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, 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.
