Restaurant in the heart of Downtown Los Angeles

Los Angeles, CA
Asking Price:$328,000
Gross Revenue:$588,000
EBITDA:$109,200
Established Year:2012
Cash Flow:$496,600
Rent:$7,600/Month
FF&E:$27,000
BUSINESS DESCRIPTION

Profitable Greek Mediteranian Restuarant

Greek-style restaurant with other variety of entrees and sandwiches for breakfast and Lunch. Near hotels, potential for tourist customers. Rated A from the health department. Potential for more activity with Uber Eats and catering. No competition for breakfast, equipped with a Camera system. More business potential with the option of beer and wine license. Large storage downstairs. A new computer system, new 3D wallpaper design, new A/C, new hood, and good for E2 Visa in the heart of LA.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,900
Lease Expiration
01/07/2031
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Prime location survived through the Corona era.
Growth & Expansion
Potential for more profit with more activity with Uber Eat and Catering.
Support & Training
The seller will provide 2 weeks of training after the close of escrow.

BUSINESS LOCATION
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Bahram Irani
Bahram Irani