This popular mediterranean restaurant, located on one of Los Angeles's busiest boulevards, has been serving quality food since 2016. The operator has used his extensive experience in the food and beverage industry to create an inviting atmosphere and family-friendly environment, using only the finest ingredients in his dishes. Attractive lease terms on a spacious 2,650+ square feet plus a patio, which has a permit for hookah. This is a rare gem. Online ordering and catering helps drive revenue up. Equipment includes 30' hood, up to date grease trap, etc.

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • Employees3FT, 3PT
  • Reason For SaleOther Interests

Facilities

  • Seating60 + 25 patio
  • Square Feet2650
  • ParkingPublic lot
  • LicensesHealth permit
  • Open HoursMon - Sun 11 a.m. - 12 a.m.

Lease

  • Rent$6,400
  • Expiration11/2021
  • Yearly IncreaseContact For Info
  • Option5 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$43,000
  • Monthly Cash Flow$8,500
  • Annual Revenue$504,000
  • Annual Cash Flow$102,000
  • 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