Prime Los Angeles Location Cantonese Restaurant, Custom Setup

Los Angeles, CA
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Asking Price:$175,000
Rent:$9,785/Month
Gross Revenue:$783,000
BUSINESS DESCRIPTION

Prime Los Angeles Location Cantonese Restaurant, Custom Setup, Ideal for Dim Sum Dine-In and Take-Out, Busy Plaza

RRC# 4825
Location: Los Angeles

Description:
Situated at bustling cross streets, this Cantonese restaurant is nestled in a busy Los Angeles plaza, neighboring well-known grocery stores and chain retail. The plaza offers a free parking structure with EV chargers, ensuring convenience for customers. This prime location, combined with high foot traffic, sets the stage for excellent business potential.

The restaurant closes at 7 PM, presenting a significant opportunity to extend business hours and increase revenue.

Key Features:

Custom Commercial Equipment: Includes advanced steamers, electrothermal food oven, and a stock pot range, all designed to meet high standards of efficiency and quality. Type 1 Hoods extending 19'6" long.

New Equipment: Most of the equipment is brand new and comes with manufacturer warranties, ensuring reliability and reducing maintenance costs.

Spacious Refrigeration: A walk-in refrigerator and freezer, both measuring 9 feet long, 6 feet wide, and 8 feet high, provide ample storage space for fresh and frozen ingredients.

High-Performance Appliances: The kitchen is equipped with a 60 qt Globe Mixer, ideal for handling large batches, and a preceptor located in the basement for convenient waste management.

This restaurant is perfectly poised for a new owner to take over and capitalize on its prime location, excellent equipment, and the potential for extended hours.


Financial Information:
Monthly Revenue: $65,200
Monthly Cash Flow: Contact for Info
Annual Revenue: $783,000
Annual Cash Flow: Contact for Info

General Info:
Ownership: Inc
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: $9,785 All Inclusive
Expiration: Contact For Info

Facilities:
Square Feet: 1,500
Seating: Contact for Info
Parking: Free Parking Structure and Street Parking
Licenses: Business
Days/Hours of Operation: 7 Days/1030a - 7p


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Facilities
Square Feet: 1,500 Seating: Contact for Info Parking: Free Parking Structure and Street Parking
Reason for Selling
Retirement
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Steven
Zimmerman
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Steven Zimmerman