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Silverlake Fast Casual Cafe-busy Intersection

Los Angeles, California : Restaurants
Listing #3007

Silverlake Fast Casual Cafe-busy Intersection-tons Of Potential-$1917 Total Rent-pizza & Burgers RRC#: 3007 Asking Price: $95,000 Location: Los Angeles County, Los Angeles County, California Yearly Revenue: Contact For Info Yearly Cash Flow: $35,593 Monthly Rent: $1,917 LISTING DESCRIPTION: Great opportunity to own a long established restaurant in a very busy location, situated minutes from downtown LA, Mid Wilshire and Hollywood. Serving pizza, pasta, burgers, sandwiches, chicken and mexican items. Owner is retiring after 34 years at this location. Corporate accounts include nearby hospitals with tons of potential for additional deliveries and catering. Excellent landlord- $1917 monthly rent which includes, triple net, water, trash, security and maintance. Landlord will issue new, longer lease with favorable terms. Owner operates store alone. No current employees. Equipment includes: 8ft hood with sprinklers, Blodgett pizza oven, 4 ft refrigerated prep station. 5 ft steam table, fryer, 4 burner stove top, double door refrigerator, single door fridge, single door freezer, floor mixer, Ice maker, 3 microwaves, meat slicer, 8 tables, 24 chairs, all sinks. GENERAL INFORMATION: Organization: Sole Proprietorship | Year Established: 1994 | Current Owner: 1994 | Seating: 29 | Square Footage: 700 | Parking: parking lot | Licenses Required: City Business license, health department | Reason For Sale: Retirement | FINANCIAL INFORMATION: Yearly Cash Flow: $35,593 | LEASE INFORMATION: Monthly Rent: $1,917 | Lease Expiration: June 2021 | Lease Option: Yes-Landlord will issue l |

Asking Price:

$95,000

Gross Income:

Undisclosed

(last 12 months)
Cash Flow:

$35,593

(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

Silverlake Fast Casual Cafe-busy Intersection-tons Of Potential-$1917 Total Rent-pizza & Burgers

RRC#: 3007
Asking Price: $95,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: $35,593
Monthly Rent: $1,917

LISTING DESCRIPTION:
Great opportunity to own a long established restaurant in a very busy location, situated minutes from downtown LA, Mid Wilshire and Hollywood. Serving pizza, pasta, burgers, sandwiches, chicken and mexican items. Owner is retiring after 34 years at this location. Corporate accounts include nearby hospitals with tons of potential for additional deliveries and catering. Excellent landlord- $1917 monthly rent which includes, triple net, water, trash, security and maintance. Landlord will issue new, longer lease with favorable terms. Owner operates store alone. No current employees. Equipment includes: 8ft hood with sprinklers, Blodgett pizza oven, 4 ft refrigerated prep station. 5 ft steam table, fryer, 4 burner stove top, double door refrigerator, single door fridge, single door freezer, floor mixer, Ice maker, 3 microwaves, meat slicer, 8 tables, 24 chairs, all sinks.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 1994 | Current Owner: 1994 | Seating: 29 | Square Footage: 700 | Parking: parking lot | Licenses Required: City Business license, health department | Reason For Sale: Retirement |

FINANCIAL INFORMATION:
Yearly Cash Flow: $35,593 |

LEASE INFORMATION:
Monthly Rent: $1,917 | Lease Expiration: June 2021 | Lease Option: Yes-Landlord will issue l |


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