Fully Equipped Restaurant in Great LA Location

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April 09, 2012 by Jered Chapman

New BizEx Business For Sale: Fully Equipped Restaurant in Great LA Location

Jered Chapman just launched a new listing: https://www.bizex.net/listing/489

Fully Equipped Restaurant in Great LA Location Asking: $329,000 * Gross: $300,000 * Net: $0

Fully-equipped Restaurant in Very Busy Area of Downtown Los Angeles!

This fantastic restaurant is located in downtown LA within walking distance of both the Jewelry and Fashion districts with very high foot traffic. Less than a year ago, the owner completed a beautiful $450,000 build-out! This large space is now equipped with all top-of-the-line fixtures and equipment including granite countertops, walk-in refrigerator & freezer, fryers, convection ovens, commercial range hood, and even a state-of-the-art security system. Ready to serve, the space provides seating for more than 40 customers.

The business is surrounded by visitors and tourists during the day, and locals residing in downtown lofts are within walking distance in the evening. Currently, the owner is only able to hold the business open until 6pm during the week, and it is completely closed on weekends. This leaves tremendous opportunity for a new owner to take advantage of weekend and evening crowds!

Additional opportunity to increase sales volume significantly for an owner who understands the lower price-point food industry. The owner is unable to continue growing the business due to other business ventures, and is ready to sell. This opportunity will not last long!

For more information, please visit www.bizex.net to register for this listing or contact Jered Chapman at 310.882.2200 ext. 129 or jchapman@bizex.net

Jered Chapman Email: jchapman@bizex.net Office: (310) 882-2200 ext 129 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/jered-chapman

BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net

Businesses for Sale

Broker Information

Jered Chapman

4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 129
Direct: (310) 699-1386
Lic#: 01878634

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations