Description Deli/catering Business Making $96.000.00 Profit Adjacent To Los Angeles Court And County Buildings
RRC#: 2088
Asking Price: $250,000
Location: Los Angeles, Los Angeles, California
Yearly Revenue: $444,000
Yearly Cash Flow: $96,000
Monthly Rent: $3,940
LISTING DESCRIPTION:
Five Day Lunch business. Well established profitable deli/catering business nestled adjacent to the Los Angeles County Court and County buildings. The business also does a very profitable school lunch business for private schools in the area, currently serving 245 lunches a day. Good business for a buyer looking to work five days. All national and state holidays the business is closed. The lunch offers the general public, and numerous court/county workers a site down, takeout & delivery, catering & party specials. one 6'' by 10 '' Walk in Cooler, one 6'' by 8 '' foot walk in freezer,10 ft. complete overhead venting system, one imperial range, one Panini grill, one turbo fan oven, 4 stainless steel prep tables, rice cookers, food processors, one microwave, one POS system, etc. Very stable customer base. The current owner produces income of approximately $96,000.00 a year for himself. Owner will train new buyer for a smooth transition.
GENERAL INFORMATION:
Organization: Corporation | Year Established: 2008 | Seating: 30 + | Square Footage: 1300 | Parking: parking lot | Licenses Required: food handler | Days Open/Hours: Mon- Friday 7am- 3pm | Reason For Sale: Other Interests |
FINANCIAL INFORMATION:
Yearly Revenues: $444,000 | Yearly Cash Flow: $96,000 |
LEASE INFORMATION:
Monthly Rent: $3,940 | Yearly Adjustment: CPI or 3% | Lease Option: Negotiable | Security Deposit: yes |
FINANCING INFORMATION: