Profile: Restaurant / Bar /Freestanding Bldg / Property /47 License. Closed!
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$2,100,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$600,000 |
| Annual Adjusted Net: |
$48,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Call |
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Description:
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Restaurant, Bar + Real Est. - Doors Closed But Still For Sale
Free-Standing Property Is Included In This Listing, Located Equidistant To Four Of Los Angeles' Major Highway Arteries, On A Very Busy Boulevard (Corner Location) Across The Street From A Major Los Angeles Medical Complex. Primary Business Supports A Steakhouse And Bar In Separate Sections Of The Same Building, With A Separate Parking Lot Set Apart From Nearby Facilities. The Restaurant And Bar Have Been A Favorite Amongst Locals, And Has Major Street Front Signage For Passing Traffic. The Full Service Kitchen Is In Excellent Condition, And Can Be Rented Out Part-Time To Other Catering Companies Seeking Part-Time Kitchen Space During Restaurant Off-Hours. Demographics And Photos Available Upon Request.
Facilities:
Property (Free-Standing Building) Is Included In This Sale. Building Is Located On The Corner Of A Very Busy Intersection On A Major Boulevard In Los Angeles, With A Separate Private Parking Lot. Facilities Are In Good Condition, And The Restaurant And Bar Occupy Separate Sections Of The Building's Interior.
Competition:
This Property And Its Restaurant/Bar Are Located Directly Across The Street From A Major Los Angeles Medical Complex, And Is Popular In The Local Community. Dense Nearby Residential And Commercial Zones Within 1 Mile Radius Of Building's Location.
Growth And Expansion:
Large Full-Service Kitchen Can Be Used For Additional Catering Services, Or Kitchen Space Rental To Other Catering Companies Seeking Part-Time Kitchen Space.
Reason Selling:
Retiring. Seller Has Age And Health Concerns.
Year Established:
1973.
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