Description Restaurant & Delicatessen For Sale With $1.8 Million Sales.
RRC#: 2021
Asking Price: $351,000
Location: In an open mall, Los Angeles, California
Yearly Revenue: $1,800,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $14,495 all inclusive
This business has been established for 50 years and has a long term lease until 2035 in a 5,000 square foot building with unlimited parking. The sale includes all the restaurant and food processing equipment. The menu includes sandwiches, salads, vegetarian, meat and poultry, fish, omeletes, desserts, breads and rolls fresh baked and beverages including beer & wine. They also do catering and this is a turnkey business.
There is lots of upside for profitability as the business is operated with too many employees and with some small adjustments the business will generate much more cash flow to the new owner. NO BROKER COOP.
GENERAL INFORMATION:
Organization: Corporation | Employees: 50 40 FT, 10 PT | Seating: 150 approx | Square Footage: 5,000 | Parking: Unlimited | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: Daily from 6a-9p
FINANCIAL INFORMATION:
Yearly Revenues: $1,800,000
LEASE INFORMATION:
Monthly Rent: $14,495 all inclusive | Lease Expiration: 2035