Turnkey Restaurant in DTLA (Near Fashion District)

Growth opportunity in DTLA with a type 41 beer & wine licnese

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#1003
Area: DTLA (Near Fashion District)
Asking Price: $160,000
Base Rent: $8,158.50
Annual Rent Increase: 5%
NNN charges: $400 (Water)
Security Deposit: $22,200
Lease expiration date: End 11/1/2026
Premises size: 1,300 sq ft
Seating Capacities: 40
Liquor License: 41 (On-Sale Beer & Wine)
Reason for selling: Focusing on other concepts

This turnkey restaurant is located in the heart of Los Angeles and was established in 2017. This prime location near bars and nightlife venues ensures high visibility and foot traffic, making it an attractive investment opportunity. The restaurant features a Type 41 liquor license, a well-maintained 1,300 sq ft premises with a 40-seat capacity, and a fully equipped kitchen, ready for immediate operation.

There is a growth opportunity to extend business hours and capture the late-night crowd. The space is flexible and welcomes a variety of dining themes. With minimal competition in the immediate area, this opportunity offers significant growth potential and profitability for investors seeking a lucrative venture in the restaurant industry.