Contact: Michael Raad At 626-215-4563 Cell , 626-204-2319 - Also Email This Contact Below
Asking Price: $110,000 Down Payment: $110,000
Annual SDC: $50,000
Annual Gross: $320,000
Business Address: None Given City: Monrovia Zip: None Given
Attributes: Training & Support
Excellent location on the most traveled boulevard in the city. Well established, 11 years with present owner. Surrounded by houses, apartment units, businesses, many office buildings and have ample parking spaces. The venue is remodeled, bright and welcoming. Bldg. size is 1,000 SF; rent is $2,781/MO, with 8 years left on the lease. Occupancy is for up to 30 patrons, as per permit, and 4 seats outside. Gross annual sales are $320,000, and the net income is $50,000. Opens 6 days, Monday - Saturday, 11:00-9:00. It is run by seller and 2 employees.
Current equipment includes: A hood, grill, 2 fryers, 2 head gas burner, chicken rotisserie machine, under counter ice cooler, one stand up food warmer, walk-in cooler, 3 refrigerators, ice maker, soda machine, refrigerated prep table, 2 prep stations, microwave, oven, food processor, grease trap and more. It serves healthy Mediterranean food: rotisserie chicken, ribs, chicken, beef, and Lula kebab, grilled vegetables, falafel, hummus, salads, desserts and drinks. Sit down, take out and catering, an experienced operator can expand the business by advertising, getting active on social media, opening for breakfast etc. New buyer can maintain same concept, or convert it to any type of cuisine: Chinese, Mexican, Thai, Indian, burger shop etc. All equipment furniture and fixtures are included in the sale price. Good for an owner/operator or as a family run business.
Buyer can benefit from the good location, reputation, and somewhat built in client base to grow the business to a higher plateau. Has a great review on' Yelp', owner is retiring
To get more information about this Mediterranean Restaurant - Can Convert business for sale in
Los Angeles County please phone Michael Raad (Broker - BRE License #:00984305) at 626-215-4563 Cell and 626-204-2319 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #260618 on BizBen.com. In addition to phoning
Michael Raad, make sure you email Michael Raad above to get more info about this
Mediterranean Restaurant - Can Convert, to ask any questions or request an appointment to see this
business for sale. Thank you.
Contact: Jack Oh: None Given, 562-544-6863
Status: Active Posting #: 267732 Refreshed: 5/8/2021
Asking Price: $199,000
Down Payment: $50%
Annual SDC: $90,000
Annual Gross: $900,000
Attributes: Training And Support
Owner is retiring after 38 years. Recently remodeled 3 years ago. Fully equipped with walk in cooler and freezer. Has beer wine license. Located on a major street. Densely populated area. Seating for 150. Monthly gross: $75,000. Annual net: $90,000.
Contact: Ryan Clark: 310-652-8353
Status: Active Posting #: 267637 Refreshed: 5/2/2021
Asking Price: $225,000
Down Payment: $225,000
Annual SDC: $60,000
Annual Gross: $521,518
Attributes: Broker-Broker Coop, Semi Absentee Run, Training And Support, Owner Financing
This Eagle Rock area restaurant boasts a modern, clean build-out with an open floor plan as well as stellar street visibility. The venue has multiple interior dining areas, each with its own unique ambiance. The fully outfitted kitchen has a walk-in cooler. convenience freeway, main street access. This 2,000 plus square foot space leases for $6,340 on a lease that expires in 2028 with one 5-year option. The venue has seating for 60 patrons inside. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $2,000 in inventory will be sold at cost at close.