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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Hollywood Take-Out Restaurant With Hood & Parking

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  4 - 5
Inventory  20000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

Description  
This North Hollywood take out restaurant boasts a full hood, a stone or wood burning pizza oven, onsite parking and unbelievable rent. The business's main street location coupled with its fantastic freeway access makes it an ideal take-out or delivery location for any number of concepts. The current business has an oven, stove, wood burning or stone pizza oven, grill, deep fryer and a Hobart mixer. Asking Price $69,000. This 600 square foot restaurant leases for a remarkable $850 per month, with a secure lease in place. A new tenant will likely receive a new 3-5 year lease and potential options based on their preferences. All of the business's furniture, fixtures and equipment will be included in the sale. Competition exists at various levels, however, this business has a unique concept. Its low rent coupled with its excellent freeway access and wood or stone heated pizza oven do provide it a unique and sustainable competitive advantage. New owners may take this fantastic opportunity in any number of directions. They will most likely wish to implement a quick service take-out concept of their choosing - any type of fast food, pizza, Chinese, Thai, Indian, etc. could be an excellent fit.


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