Breakfast & Lunch American Diner
North Hollywood, CA
| Asking Price: | $299,000 |
| Rent: | $16,000/Month |
| Gross Revenue: | $750,000 |
| Established Year: | 2021 |
Listing ID: 2259426Listing provided by BizBuySell
BUSINESS DESCRIPTION
Price Slashed! Owner wants action. This modern and clean American Diner is a favorite independent and local cafe with a diversified menu. Currently open for breakfast, brunch and lunch by choice of the owner. Excellent street presence and signage. This heart of North Hollywood Diner is in the middle of the revitalized district with excellent foot and local traffic.
DETAILED INFORMATION
Location
North Hollywood, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,050
Lease Expiration
31/08/2026
Employees
5
Facilities
Spacious seating for 85, fully fixturized kitchen with ample refrigeration, 12' hood, large prep area and modern appliances in good repair. Beer and wine sales onsite, breakfast served all day.
Competition
NOHO arts district has only just started to blossom. This centrally located local favorite is poised to enjoy many years of growth and success in the area. Construction will soon begin on a new 7 story apartment complex directly across the street from the business, adding to the already highly dense residential neighborhood.
Growth & Expansion
Currently open until 5:00. Stay open until 9:00 and sales revenue should double. Lifestyle choice for the current owner/operator.
Financing
Possible Attractive Seller Financing to a qualified buyer.
Support & Training
2 weeks as needed
Reason for Selling
Lifestyle choice for a single parent owner.
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