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Kosher Restaurant in Good Location! for Sale in Los Angeles, Adjacent Beverly Hills

Reference #: 41434233
Location: Los Angeles, Adjacent Beverly Hills
Price: $60,000
Amount Down: $60,000
Revenues: $0
Discretionary Earnings: $0
Total Assets: $70,000
Business Description:

Longstanding Kosher Family Restaurant on a major street just south of Beverly Hills. Located in a busy strip center the Restaurant currently serves Kosher Middle Eastern food and has been owned by the current seller for 14 years. Space is approximately 800sf and monthly rent including NNN is $2700. New 5 year + 5year option lease will be made available to qualified buyer. Restaurant has seting for over 30 people. Business has been profitable for many years, but to due sellers other businesses he can't focus his time on the restaurant. Business is absentee run with 5 total employees. This is an asset sale, but sales average between 15-17K a month. Monthly payroll is around 6K. Amazing opportunity for owner operator to increase sales and lower payroll, which will create a handsome profit for new owner.


 


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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.