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Signature Quick Service Location W High Visibility For Sale

Los Angeles, California, US
Asking Price:
$250,000
Sales Revenue:
$1,400,000
Cash Flow:
Under $50K

This Los Angeles’ based quick service corner location enjoys remarkable street visibility, excellent signage, onsite parking from two major throughways, convenient freeway, Mid-Wilshire and Hollywood access. This signature location, which oozes character and branding attributes, may be the ideal location for a new concept launch or existing conception expansion.

Property Information

Real Estate:

Lease

Premises Details:

This 1,000 square foot restaurant with exclusive onsite covered patio leases for $5,600 per month including common area maintenance (CAM) on what will be a new 5 year lease with a 5 year option at a rate to be determined. The venue has a spacious onsite manager’s office, staff and customer rest rooms, a full kitchen with a spacious hood and walk-up as well as dine-in order windows. While the name and concept will not be included in the sale, all of the business’s furniture, fixtures and equipment will be.

Business Operation

Expansion Potential:

New management will want to maximize the attention that this highly visible location with significant street traffic can deliver to their existing brand or they may wish to capitalize on the location to become the flagship site for a new brand launch. Given the full kitchen and small but comprehensive facility assets, this location may house any number of concepts!

Competition / Market:

In a popular quick service and fast causal area, this venue boasts remarkable branding potential and remains a true standout amongst the competition due to its remarkable location. As a result, this venue not only provides stellar built-in advertising and branding, but the location specific attributes foil the overall customer experience.

Reasons for selling:

Retirement

Trading hours:

Friday - Saturday 10:00 am -1:00 am;
Wednesday - Thursday 10:00 am - 9:00 pm

Other Information

Financing available:

Not offered but seller may consider a small secured carry

Furniture / Fixtures value:
$25,000

Contact The Veld Group

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