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South Bay/ Lax Upscale Restaurant And Bar

Los Angeles, California : Restaurants
Listing #2857

South Bay/ Lax Upscale Restaurant And Bar RRC#: 2857 Asking Price: $249,000 Location: Los Angeles County, Los Angeles County, California Yearly Revenue: $1,317,000 Yearly Cash Flow: Contact For Info Monthly Rent: $17,015 LISTING DESCRIPTION: HUGE LUNCH AND DINNER BUSINESS in PRIME AREA - EXCELLENT 15- YEAR LEASE **EXACT LOCATION REQUIRES SIGNED CONFIDENTIALITY AGREEMENT AND AGENT MUST QUALIFY POTENTIAL BUYERS** This Contemporary American Bistro was BEAUTIFULLY DESIGNED giving it a warm ambiance and gourmet menu. Seats 90-130 people. It has a Full Liquor License, An immaculate floor to ceiling stainless steel kitchen. A 30 Foot Overhead cooking venting and hood, Stainless steal prep tables with under refrigeration, 6 burner stoves and ovens, flat top grill, broiler grill, deep freezers, pizza ovens, etc. A classy " U" shape bar, a private office, huge prep area and more! *The restaurant is approximately 3,495 sq. ft. with a full bar and an additional outdoor patio of 1000 sq.ft. Superbly located on a Busy Main Road near LAX and the South Bay Beach cities. EXCELLENT LONG TERM LEASE. FREE customer parking for hundreds of Cars!* GENERAL INFORMATION: Organization: Corporation | Parking: Plentiful onsite parking | Licenses Required: yes | Days Open/Hours: Mon-Thurs 11:00 am to 9:00 am Fri 11:00 am to 9:30 pm Sat 11:00 am to 9:30 pm Sun 11:00 am to 9:00 p | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,317,000 | Payroll: $39500 | LEASE INFORMATION: Monthly Rent: $17,015 | Lease Expiration: July 31, 2021 | Lease Option: two (2) Five (5) year opt | Security Deposit: 180000 |

Asking Price:

$249,000

Gross Income:

$1,317,000

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

South Bay/ Lax Upscale Restaurant And Bar

RRC#: 2857
Asking Price: $249,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $1,317,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $17,015

LISTING DESCRIPTION:
HUGE LUNCH AND DINNER BUSINESS in PRIME AREA - EXCELLENT 15- YEAR LEASE **EXACT LOCATION REQUIRES SIGNED CONFIDENTIALITY AGREEMENT AND AGENT MUST QUALIFY POTENTIAL BUYERS** This Contemporary American Bistro was BEAUTIFULLY DESIGNED giving it a warm ambiance and gourmet menu. Seats 90-130 people. It has a Full Liquor License, An immaculate floor to ceiling stainless steel kitchen. A 30 Foot Overhead cooking venting and hood, Stainless steal prep tables with under refrigeration, 6 burner stoves and ovens, flat top grill, broiler grill, deep freezers, pizza ovens, etc. A classy " U" shape bar, a private office, huge prep area and more! *The restaurant is approximately 3,495 sq. ft. with a full bar and an additional outdoor patio of 1000 sq.ft. Superbly located on a Busy Main Road near LAX and the South Bay Beach cities. EXCELLENT LONG TERM LEASE. FREE customer parking for hundreds of Cars!*

GENERAL INFORMATION:
Organization: Corporation | Parking: Plentiful onsite parking | Licenses Required: yes | Days Open/Hours: Mon-Thurs 11:00 am to 9:00 am Fri 11:00 am to 9:30 pm Sat 11:00 am to 9:30 pm Sun 11:00 am to 9:00 p | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,317,000 | Payroll: $39500 |

LEASE INFORMATION:
Monthly Rent: $17,015 | Lease Expiration: July 31, 2021 | Lease Option: two (2) Five (5) year opt | Security Deposit: 180000 |


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