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Restaurant (Italian)

  • Status: Available
  • Price: $99,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6391
  • Status: Available
  • Area: Los Angeles
  • Price: $99,000

Description

ASSET SALE

FOR THIS ITALIAN RESTAURANT

900Sf. Restaurant plus approximately 300Sf. Patio is located in Prime location of West Los Angeles for Sale. Offering Variety of Pizzas, Pastas, Salads and Sandwiches.

The Restaurant is equipped with;

Soda Dispenser, Coffee and Cappuccino Machine, Slicer, Ice Machine Dispenser,  Walking-Cooler, 2 x Freezers, Pizza Oven, Condiments, Mixer, Stove and etc….

Seller claims his Gross Monthly Sale is about $15,000. But owner not considering the sales, its an asset sale.

 Rent is $2,850 a month Lease expires 2027 with 1 x 5 years option.

Hours of operation is; 11am-8pm / 6 x days a week.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Italian Restaurant
License(s) Required: Business, Health,
Hours of Operation: 11am-8pm / 6 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6391
Date Available: 09/14/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
180,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
2,850/m
Lease Expires:
2027
Lease Option:
1 x 5 years option
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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