Charm and warmth greet you as you enter this delightful restaurant with its tree and colorful flowered landscaped Patio/Courtyard with 40 seats. The present owners have lovingly transformed and built and modernized this restaurant business since 2013. Inside the bar and main dining room seat 60, 100 seats in total plus a separate 2nd floor 300 sq ft office. 2,500 sq ft indoors and 1,000 sq ft patio. 2021 Annualized sales revenue of $Monthly Rent at $7,725 including NNN is average for the area which is located in an upscale suburb of LA on a high traffic street among shops and restaurants with frequent street fairs. Continue with their successful concept or bring your own. Good sales revenues, great reviews and beer & wine license. The well equipped kitchen and storage areas includes; an Imperial 6 burner stove with convection oven, Imperial grill with a regular oven, 8.5' hood with fire suppression system, Double fryer, 4 Lowboy Everest refrigerators for the line, Everest double door fridge/freezer, 2 Everest double door fridges only, Everest single door freezer, Everest single door merchandizing fridge, 2 True beer fridges, one with spickets for 10 slim beer kegs, 1 -50 bottle wine fridge (for red/white), Vacmaster - vacuum sealer, Vollrath full size slicer, Astro double espresso machine, Robocoupe, Professional Vitamix, Kitchenaid professional mixer/grinder, Italian espresso bean grinder, low temp dishwasher & food warmer. To receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2013
  • Current Owner2013
  • Employees9
  • Reason For SaleOther Interests

Facilities

  • Seating60 inside, 40 Patio
  • Square Feet2,593 indoors, 1,080 patios
  • ParkingStreet and public parking lots
  • LicensesHealth Department, ABC License, City Business License
  • Open HoursContact for Info

Lease

  • Rent$7,625
  • ExpirationOct 2021
  • Yearly Increase Contact for Info
  • Option3 year or more
  • Deposit$7,625

Financials

  • Monthly Revenue$65,667
  • Monthly Cash Flow $11,250
  • Annual Revenue$788,000
  • Annual Cash Flow$135,000
  • 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