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Quick Service Food Outlet With No Hood For Sale

Studio City, California - South, US
Asking Price:
$40,000 Furniture / Fixtures included
Sales Revenue:
$160,000
Cash Flow:
Not applicable

This Studio City Area quick service food and/or beverage outlet does not have a hood, but boasts a clean and quint recently remodeled buildout as well as a fantastic Ventura Boulevard location with high drive by traffic and stellar street visibility. The location has multiple refrigerators (single & double door display), single & chest freezers, prep table as well as shelving, three bucket sink and seating for up to 4 patrons inside and 4 outside. The facility does have a bathroom, some onsite parking and attractive Ventura Boulevard signage for branding with an innovative facade.

The quaint 550 square foot location leases for $2,120 per month, plus $400 in CAM / triple net expenses on a lease that expires on 6/31/2023 with two 5 year options. The business name is not part of the sale, but its furniture, fixture and equipment are included. New management may open a similar concept without the name or menu.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

This very cheerful space is housed in a highly efficient facility that does not have a large food preparation area, but could be an ideal ‘outlet’ location for any concept that has a larger kitchen or central commissary, or that does not require much space for food or drink preparation. Such concepts may include cupcakes or other dessert items, shaved ice, ice cream, yogurt, gelato, poke, tea, matcha, juices or smoothies, deli sandwiches or panini, etc.

Competition / Market:

While competition undoubtedly exists for most food, beverage and dessert concepts in this bustling corridor, this quaint location is one that offers neighborhood residents and commuters the convenience factor. It also has excellent freeway access, allowing customer to visit shall the new concept merit it and attractive non-locals.

Reasons for selling:

Personal

Years established:
2016

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Furniture / Fixtures value:
$5,000 - included in the asking price

Contact The Veld Group

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