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Huntington Park, Los Angeles County, California
Asking Price
Call/Email
Revenue
$800,000
Down
$250,000
Cash Flow
$300,000
Reason for sale:
Move to hometown
Support & Training:
1-2 weeks training.
Size in Square Feet:
2,000 sqft
Lease Terms:
5+5
Lease Options:
$2,800
Posting ID:
6899088
Business Category:
Restaurants & Food
Business Types:
Asian Restaurant
Attributes:
Financial Assistance
Training And Support
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Modern Asian & European Restaurant in Heart of Thai Town, Los Angeles RRC#5313 Asking Price: $70,000 Location: Los Angeles County Annual Revenue: $674,460 Monthly Rent: $9,700 Listing Description: Price reduced to $70,000. Business Description $70,000 Asset Sale - Modern Asian Restaurant in fashionable Los Feliz area of Los Angeles RRC#5313 Asking Price: $70,000 Location: Los Angeles County Annual Revenue: $674,460 Monthly Rent: $9,700 Listing Description: $70,000 Asset Sale - Modern Asian Restaurant in fashionable Los Feliz area of Los Angeles RRC#5313 Asking Price: $70,000 Location: Los Angeles County Annual Revenue: $674,460 Monthly Rent: $9,700 Listing Description: Price reduced to $70,000. Los Feliz area Restaurant for sale, priced at $70,000. The business name and recipes are not included in the sale. The sale includes all the physical assets inside the space (fixtures, furniture, and equipment). Buyer will need to operate under their own name and concept, and the Seller is highly motivated so a quick sale is preferable. The current owner spent several months preparing the space before opening new in early 2025, resulting in a fully ADA-compliant, move-in-ready restaurant. Appliances were bought new and are paid for, sewage lines were de-scaled prior to opening, and new tankless water heater installed, allowing for smooth operations from day 1 and extremely low annual maintenance. Located on a world famous street, in Los Feliz, adjacent to Kaiser, and Children's Hospital, and walking distance to Art Barnsdall Park and multiple new apartment complexes, this restaurant is blessed with high foot traffic and is often packed with customers on their way to the nearby Griffith Observatory, the Hollywood Bowl, the Greek Theater, and many other nearby attractions. The nearby Hollywood Hills provides a wealthy customer base. The fully equipped facility boasts an open kitchen layout allowing customers to watch their food being prepared, type 1 hood and fire suppression system, Beer & Wine ABC type 41 license, patio seating, cute indoor bar seating 6 and chef's counter also seating 6. The concept can be altered to suit a new operator. Long lease remaining at $9,700 monthly for this prime corner location with huge curb appeal and the benefit of a brand-new restaurant. This is an asset sale at $70,000 which is an extremely reasonable price for such an opportunity. To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

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