5 Day Hi-Rise Fast Food Cafe/Restaurant for Sale in Downtown LA

Reference #:	41434241
Location:	Downtown LA
Price:	$99,000
Amount Down:	$99,000
Revenues:	$216,000
Discretionary Earnings:	$75,000
Total Assets:	$0
Business Description:	5 day fast food restaurant/cafe serving breakfast and lunch on the 1st floor of an eleven story hi-rise in the heart of Downtown LA. Only restaurant/cafe on the block with very good street frontage. Surrounded by other hi-rise buildings and multiple condo towers. Very good hours of operation Mon-Fri from 7am-4pm. Very solid sales of $850-$950 per day with monthly net income of $6-7K. Endless opportunities to increase sales. This is a must see! Restaurant has a full kitchen with grill and large hood. Very spacious dining area that can seat up to 40 customers. Size of space is 1600sf. with total monthly rent of $4,000 which includes all utilities(water, gas, power) trash, pest control, and restroom maintenance. There is 5 years remaining on the lease with a 3 year option to extend.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.