Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Los Angeles County, California
Asking Price
$165,000
Revenue
$380,000
Down
Call/Email
Cash Flow
$90,000
Name: Michael Raad
Phone: Show phone number
Name
Michael Raad
Phone
Show phone number
Employees:
3
Size in Square Feet:
800 sqft
Posting ID:
3976091
Sign the NDA to unlock exclusive access to business name, address, and more. Secure your opportunity before others!
Recommended Businesses
Pasadena, California
Restaurant - Beer And Wine License, Great Location
$ 165,000
For sale is a well-established restaurant located within walking distance of the vibrant Old Town Pasadena, a popular area bustling with cars and foot traffic. This restaurant has been in business for 30 years, with 18 years at its current location. The building is approximately 1,022 square feet, according to the seller, with seating for up to 33 patrons. The monthly rent is $3,975, and payroll expenses are $12,500 per month. According to the seller’s tax returns, and the gross total annual sales are $314,000. The kitchen is fully equipped with a walk-in cooler, walk-in freezer, hood, flat-top oven, four-burner gas stove, fryer, prep table, two single-compartment sinks, a double-compartment sink, a three-compartment sink in the back, ice machine, dishwasher, new water heater, and more. The restaurant serves American cuisine, specializing in a range of spiced, roasted chicken dishes. It operates six days a week, Monday through Saturday, from 11:00 a.m. to 2:30 p.m., then reopens from 5:30 p.m. to 8:00 p.m. This long-standing business, which holds a beer and wine license, is surrounded by apartment buildings, offices, movie theaters, a convention center, ice skating rink, restaurants, shops, bars, hotels, and Pasadena City Hall. It enjoys a loyal customer base that has been visiting for decades, with patrons from the local community and surrounding areas appreciating its delicious food, friendly staff, and excellent service. Currently, the business operates solely through word-of-mouth referrals, making it a prime opportunity for growth. New owners could increase sales by implementing advertising, using social media, starting a happy hour, adding delivery services, and more. The sale includes all equipment, furniture, fixtures, and the beer and wine license, making this a turnkey opportunity. It is ideal for an owner/operator or a family-run business. The 78-year-old owner is motivated to sell and retire.
Covina, California
General Mechanic shop.
$ 248,000
Free standing building (shared w/another tenant) located on the most traveled Blvd in the city. This well-established venue is a turnkey business with a second floor of living spaces. It has a high ceiling, 3 rollup/down doors, 7 lifts (1 for alignment, 1 for brake jobs, 1 sixteen ton for trucks, and 4 standard lifts) and room for 8 cars inside. Bldg. size is 4,880 SF, consists of downstairs waiting and office area, another back office, one bathroom, large show room, clean/comfortable furnished waiting area w/TV &Wi-Fi, and an upstairs that has 2 offices or bedrooms, a living area, storage, cabinets, counters, refrigerator and a bathroom with sink and shower. Shop is fully equipped for general automotive service and repair. Currently it is run by seller and 3 mechanics. Rent is $5,815/MO, payroll $10,799, utilities $1, 150, and the gross annual sales are $511,879as per seller statement. The seller does not engage in any active marketing; he relies on his large clientele base, the word of mouth and his great reputation to provide the highest quality service. A considerable source of his income is generated from more than 10,000 customers’ data base, and a busy used cars dealer as well as his contracts with 2 used cars insurance companies that provide him with constant flow of business. This venue is sitting on a 34,977 SF lot, with over 20 parking spaces, plus streets. It has an exceptional room for growth and profit upside with additional technicians. A new savvy buyer can put together a good marketing plan using social media, offering specials, coupons, free inspections etc. to bring this establishment to its full potential. This is a unique opportunity that you have to see it to appreciate it. All equipment (list on file), furniture, and fixtures are included in the sale price. This is a rare opportunity in desirable Covina city will not last long. Health reason is forcing sale. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Los Angeles, California
Erotic adult Store
$ 300,000
CF : $ 64,206
Great location in the heart of downtown LA. Established 15 years, 3 years in current location. This ‘5 star” rated adult entertainment store is nicely designed with an open floor plan, and $100,000 built out cost. The building size is 3,000 SF, rent is $5,300/MO, gross annual sales are $353,270, and the net income is $64,206 as per seller statement. This venue is one of the largest adult retail stores providing all the necessities as well as luxuries an adult store should have. Items include bondage, wide toy selection of all shapes and types, all are neatly organized in 38 glass display wall cases and 11 display cases in the middle of the shop with locks and energy-efficient LED lighting, and comes with a computer, POS system, security system with 15 surveillance cameras and an alarm system. The store maintains a 100% discreet shipping and billing with respect to the confidentiality and privacy of customers. This business has a high profit margin and run by the owner himself. It opens 6 days Monday-Saturday 10:30 am- 6:00 pm. This establishment has a great potential to grow. New buyer can open more days and longer hours, advertise, get active on social media etc. All equipment, furniture, fixtures and an approximately $30,000 worth of inventory are included in the sale Seller is ready to retire and encourages buyer to stay in the shop for one month observation period to appreciate this business, and even after close of escrow he is willing to stay with him for one month to secure a smooth ownership transfer. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by the seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Pasadena, California
Asset sale restaurant.
$ 100,000
Outstanding location, full exposure on a major Boulevard with lots of cars and foot traffic. Surrounded by a great mix of commercial, residential and retail stores, this 1,180 Building has a seating capacity for 40 patrons inside, and room for 8 seats outside. The rent is $6,000/MO, has ample parking spaces in the rear and Front Street. Centrally located in a shopping center that draws customers from local neighborhoods, and many approximately close by institutions including Pasadena city college, the Art Center, Cal Tech university, as well as the nearby high rise buildings, offices , banks and retailers. Seller bought this restaurant with the intention to annex it to his next door restaurant .He started some remodeling work but stopped after certain personal circumstances have changed his business plan. Currently the venue is closed down and is offered as an asset sale that will include: kitchen equipment, two hoods, and refrigerator, plenty of prep area, goodwill and leasehold improvement. It is sold in an “as is Condition”, and buyer can negotiate his rent with the landlord. This opportunity in such a busy area will not last long.
Pasadena, California
Beauty Salon - Prime Location
$ 300,000
CF : $ 162,700
Prime location on a busy thoroughfare, within the most sought after destination in Pasadena. Established 4 years ago, with $250,000 built out cost. It is bright with lovely design and an open floor plan. This chic, classy salon is the first and only salon in Pasadena that offers multitude of luxury cosmetic services and products in one place. The Bldg. size is 1,850 SF; rent is $5,595/Mo, gross annual sales are $350,000, and the annual net income is $162,700 as per seller statement. The venue has 8 Hair stations, 3 of them are leased out ,3 shampoo bowls,3 ozone micro mist hair machines,3 hair dryers, 3 nail stations(one is leased out), 2 pedicure spa chairs, one facial treatment room(for lease),brow and lashes/ semi-permanent tattoo room,1 pantry, an office, a laundry room and 2 bathrooms. The available hair and nail stations and the treatment room, each can be rented out for $500/month totaling a $4000 additional income per month. The venue is run by owner,one manager and seasoned professional staff that consist of 3 hair stylists, 2 estheticians, 1 nail technician, 1 eyebrow threader and one body practitioner. Services include; haircuts/man and women, coloring services, event hair and make-ups, manicure and pedicure, gel x, brows, lashes threading ,waxing, skin care, signature facials, advanced facials, face and body peel, glass skin glow treatment full face and much more. Using high quality fresh, natural and innovative products that create lasting results that help rejuvenate hair, skin and nails. This salon with high reviews on social media has built an impeccable reputation in the community. Its great customer service, relaxing and friendly atmosphere contribute to its success that blow the competition away. A long list of advanced equipment, furniture and fixtures are included in the sale price. This is a rare opportunity with unlimited potential to grow. Great for an owner operator, or an investor who wants to be a part of the growing beauty industry. The name of the business, website, instagram, Facebook, professional backbar accounts that are under Elite, are not included in the sale. Buyer to create his/her own business name and accounts. You have to see it to appreciate it. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.
Monrovia, California
Burger Restaurant Franchise - Old Town Location
$ 159,000
For sale is a great opportunity, in the heart of old town Monrovia. This national franchise business is in a large shopping center anchored by other franchises, and surrounded by offices, retail, and residential buildings that bring lots of traffic year-round. The shop size is 1,777 SF, rent is $10,725 NNN included, payroll is $14,014/month, and the gross sales $58,500/month. The business is run by the seller and 12 employees. The seating capacity is 55 patrons. Business hours are 11:00am–9:00 pm, Friday and Saturday 11:00 am -10:00pm. It opens 7 days and has ample parking spaces. What makes this fast food stand out is the high-quality ingredients used in its made-to-order burgers. The meat is fresh, 100% certified Angus beef, all-natural Jennie - o turkey burgers, fresh daily baked buns, variety of sauces, in addition to their known handmade fries and shakes. This is a reputable franchise brand that is constantly keeping up with the market trends. The franchise transfer fee is $ 15,000, and the buyer has to pay for his accommodation during the 2-week training period in “Plano Texas. Or if the buyer doesn’t want the franchise brand, he can open his concept. All equipment, furniture, and fixtures are included in the sale. This business has an unlimited potential to grow. It is best if run by a family, or someone with a passion for food to take this venue to the next level.
San Gabriel, California
Auto Body And Paint Shop - Freestanding Building
$ 275,000
well established business in a free standing building, few yards from a major Blvd. It has been under the same ownership for the past 20 years. The Building size is 2,336 SF, has 3 mixing room,2 offices, a storage area and 2 bathrooms. Lot size is 10,621SF it is gated with parking spaces for 30 cars, and rent of $9,000/Mo NNN . long term lease is also available. the venue is approved mechanic shop and towing . It is" I-car Gold certified" with possibility to become DRP. The body shop is fully equipped with a heated spray booth that will stay with the property( can't be removed) a new Car-o liner frame machine with measuring system($160,000),another star liner frame machine outside the building($15,000) , Lincoln welding machine ($7,000), 2 hoists ($10,000), paint ,furniture and all needed equipment to run a successful mechanic and body shop establishment. The team running the body shop consists of 2 mechanics, a body man and a seasoned painter. Adding a towing service to the business ,as it used to, would be a good idea to generate an extra income. The seller is not engaging in active marketing, or social media which translate to significant upside potential. This turn-key business with somewhat built-in clientele is waiting for the right operator to move it to its full potential. Seller owns a towing business in Monrovia and he will be happy to refer his customers to this body shop for its relative close distance and good body and paint work. All equipment, furniture and fixtures are included in the sale price. This opportunity with all licenses and permits in place is sold as an asset sale, in an" as is "condition and profits are future. Seller will train.
Recommended Blogs
Buying A Business
How The Landlord Makes Or Breaks The Deal And The Requirements For A Good Tenants Lease
Buying A Business
Three Stage Checklist For the Buyer
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Buying A Business
Pop-Up Restaurants: Pro Tips For Starting Or Buying One
Buying A Business
Buying A Bar - 4 Tips Worth Reading Before You Buy Your Bar
Business Purchase Financing
Frozen Yogurt Shop For Sale Financing - Yogurt Store Purchase Financing Tips
Buying A Business
Restaurant Buyers: Tips On Buying A Second Restaurant Location
Buying A Business
Things To Consider When Buying A Coffee Cart Small Business
Deal And Escrow Issues
Buying A Bar - Due Diligence Issues & Tips
Buying A Business
What Are Some Tips On Buying An Existing Bakery Small Business?
How To Buy A Business
Retiring Baby Boomers And Their Effect On California Small Business Sales
Business Purchase Financing
6 Possible Untruths Told To Business Buyers When Buying A Small Business
BizBen News
How To Advertise A Business For Sale Without Revealing Too Much
How To Sell A Business
How Long Does It Take For A Small Business Restaurant To Sell?
Buying A Business
Buying A Restaurant: What Not To Do When Searching To Buy A Restaurant
How To Sell A Business
How To Determine Whether The Buyer For Your Business For Sale Is Sincere
Deal And Escrow Issues
Life (or Death) Of An Orange County Restaurant Deal
Buying A Business
5 Tips To Help You Sell Your Deli
Buying A Business
Don't Buy Restaurant Businesses Without Checking The Competition
Buying A Business
Buy A Convenience Store With Confidence - Tips For C-Store Buyers