Downtown LA landmark since 1917. Grand Central Market attracts 1000's of locals and tourists daily. Be a part of this exciting and vibrant food scene among 39 food vendors, located between Hill and Broadway in the heart of downtown. Open daily from 8am-10pm. Counter area is 312 sq. ft. There is an additional prep kitchen, approximately 1000 sq. ft., includes walk in refrigerator. Other equipment includes: 8ft hood, 4ft hood, 2 stacking ovens, 8ft grill, 20 ft. display food steam table, 2-4ft food tables for cold items, under counter refrigeration, 3 burner stove top, work tables, slicer, security TV system, cash register. Parking is available for owner and employees for $60 a month

General Info

  • OrganizationContact For Info
  • Established1952
  • Current Owner2004
  • Employees9
  • Reason For SaleOther Interests

Facilities

  • Seatingcommon area seating inside and outside
  • Square Feet312 plus 1000 prep kitchen
  • ParkingPublic lots
  • LicensesContact For Info
  • Open HoursDaily 8am-10pm

Lease

  • Rent$11,000 gross includes tax, electricity, water,
  • Expiration2021
  • Yearly IncreaseContact For Info
  • Option2 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$83,333
  • Monthly Cash Flow$16,000
  • Annual Revenue$ 1,000,000
  • Annual Cash Flow$192,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location