Thriving, busy restaurant on major Blvd. in Burbank with delicious food and casual atmosphere. Daily Sales range from $1,500 to $3,500. Write ups in LA Eater and LA Times with great reviews. Near studios. Sales increase each year. They offer catering. Most catering orders go out in the morning before 9am and do not interfere with the daily restaurant business. Lots of potential to increase sales and possibly add beer and wine. Seating for 40 inside & 20 outside. Full kitchen with hood, walk in cooler, 3 refrigerated prep stations, 2 door freezer, 6 burner stove with oven, 4 burner stove, convection oven, fryer, char broiler, ice machine, grease collector, POS system, security system with cameras, sound system, 3 TV's, 3 beverage coolers for grab and go sales, tables, chairs, etc. Parking lot.

General Info

  • OrganizationInc
  • Established2016
  • Current Owner2016
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating40 inside 20 outside
  • Square Feet1600
  • ParkingStreet and lot
  • LicensesHealth Dept. City Business License
  • Open HoursMon-Thurs 11:00am-9:00pm, Fri & Sat 10:00am-10:00pm Sun 10:00am-9:00pm

Lease

  • Rent$4,100 gross
  • ExpirationJuly 2024
  • Yearly IncreaseContact For Info
  • Option1-5 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$81,750
  • Monthly Cash FlowContact For Info
  • Annual Revenue$981,000
  • Annual Cash FlowContact For Info
  • Payroll$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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