Lots of Potential to grow income! International restaurant and bakery serving downtown Los Angeles for over 25 years! Menu includes, tacos, burritos, burgers, pizza, Mediterranean food, pastries, dessert items, coffee and beverages. Outdoor street sale of fruit beverages adds an additional $700-$800 in sales each weekend. Good delivery sales from downtown LA residents and offices. Full time manager runs store. Well equipped kitchen includes: 2 hoods, one 6ft for pizza oven, one 10ft hood for cook line, walk in cooler, walk in freezer, 2 Baker's Pride pizza ovens, 2 refrigerators, prep station, grease interceptor, 2 door fridge, char-broiler, 24" grill, 4 burner stove, double fryer, 3 door refrigerated prep station, rice cooker, microwave, ice machine, 2 food carts, outdoor beverage service cart, ice cream case, blender, slicer, coffee brewer, espresso machine, 8 ft refrigerated work table, 2 tortilla warmers. Front of the house includes: refrigerated display case, 8 ft refrigerated prep station, 6 foot warming table, 4 SS work tables, 23 dining tables and 50 chairs. Clover POS system, stereo system, security system. Sorry No Alcohol.

General Info

  • OrganizationLLC
  • EstablishedContact For Info
  • Current OwnerDec 2016
  • Employees7
  • Reason For SaleOther Interests

Facilities

  • Seating50
  • Square Feet3000
  • ParkingLot and street
  • LicensesCity Business License, Health Department
  • Open HoursDaily 7am-5pm

Lease

  • Rent$8,500
  • ExpirationJan 2020
  • Yearly Increase3%
  • OptionTwo 5 year options
  • DepositYes

Financials

  • Monthly Revenue$54,016
  • Monthly Cash Flow$7,000
  • Annual Revenue$ 648,200
  • Annual Cash Flow$84,000
  • Payroll$Contact 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.

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