Price Reduced &  Pre-Approved for a SBA long term Loan. This restaurant is located in a residential neighborhood of the east-central region of Los Angeles, northwest of downtown, bordered by Silver Lake to the west and Chinatown to the east boasting annual profits of $306,000. A menu full of American and European cuisine from Chicken Panini to Beef Burgers and Bolognese Pasta during lunch and dinner, to Spanish Frittata and Salmon Benedict at Breakfast. Seating follows an indoor/outdoor flow with a patio garden, where each table feels like a unique corner of the world, shrouded by various trees. 2,000 sq ft kitchen and dining room seating 65 and a 1,500 sq ft Outdoor Patio seating a further 50. ABC Beer and Wine license is included which is a much needed attribute to Weekend Brunch Champagne. During the day, you'll feel like you are eating in an English garden, while in the evening, you'll be transported to your own Parisian rendezvous with twinkling lights. 2022 annual Revenues $2million with profits of $306,000 and rent at only 6% of sales. Recent Review "This place is a solid 10/10 when it comes to great food, cute ambiance, and amazing customer service! It was very cute. It felt like we were having our lunch in our backyard, only cuter." This is Turn Key and includes a fully equipped kitchen, attractive dining room and outdoor seating in the mature garden and located in an extremely nice neighborhood of LA County.  To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution, 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

  • OrganizationLLC
  • Established2000
  • Current Owner2020
  • Employees45
  • Reason For SaleOther Interests

Facilities

  • Seating115
  • Square Feet2,000 Indoors & 1,500 Patio
  • ParkingStreet (Ample)
  • LicensesABC Type 41, Business & Health Permit
  • Open Hours8.00am - 9.00pm Daily

Lease

  • Rent$12,295 Inc NNN
  • Expiration2030
  • Yearly IncreaseContact for Info
  • Option5 Yr Lease Option
  • Deposit$30,730

Financials

  • Monthly Revenue$195,810
  • Monthly Cash Flow$25,500
  • Annual Revenue$2,349,716
  • Annual Cash Flow$306,000
  • Payroll$63,428

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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