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Established Profitable Restaurant Business

Los Angeles, CA
Pizza, Pasta, Steak, lamb, Shrimp, Full Liquor, Catering License, Hookah, Turn Key, Permitted, Established
Asking Price:$750,000
Gross Revenue:$3,000,000
FF&E:$105,000
Cash Flow:$506,000
Inventory:$25,000
Established Year:2016
Listing ID: 2202037Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established business for sale.
Over 15 years in business
Full bar (47 Liquor License and 58 Liquor Catering License comes with sale).
Prime Location with Fantastic Front Patio Seating overlooking Sunset Boulevard.
Use: Various American-Italian-Mediterranean dishes.
Turn Key, Open Restaurant Business: Yes
Reason for Selling: Moving out of the State
Top of the Line Location: Yes
Open: Yes
Rent: Approximately $25,580 all-in
Lease Assignment: Yes
Established: 2016
Stand Alone Restaurant/Building: 6000 sq ft.
Large Private Parking Lot: Approximately 20,000 sq ft.
Furniture, Fixtures, & Equipment, FF&E: Included.
Inventory: Separate Agreement.
Non compete: To be signed

DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Open Restaurant, Fully Equipped, Fully Staffed, Fully Permitted Full Bar and Hookah
Competition
Great Location to Expand
Growth & Expansion
Very Promising
Financing
Buyer must be Financial Strong, Experienced and Non Experience.
Support & Training
The West Hollywood Restaurant offers Financial Support and Training to the Buyer under a 2 week term to understand managing the Restaurant's current monthly gross sales exceeding approximately $255,000/Month, operating expenses, Labor, food costs to continue and improve the Monthly Net Net returns.
Reason for Selling
Relocating out of California
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Roschard
Paticchio-Stein
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