Upscale Los Angeles Restaurant Bar And Hookah Lounge

Los Angeles, CA (Los Angeles County)

Upscale Los Angeles Restaurant Bar And Hookah Lounge

Asking Price:$249,000

Cash Flow:$180,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Upscale Los Angeles Restaurant Bar And Hookah Lounge

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Business Description

Upscale Los Angeles Restaurant Bar And Hookah Lounge

Upscale Los Angeles Restaurant Bar And Hookah Lounge In The Usc & Downtown La Area!

RRC#: 2561
Asking Price: $249,000
Location: Downtown Los Angeles, Los Angeles County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: $180,000
Monthly Rent: $5,650

LISTING DESCRIPTION:
Restaurant and Bar with "Wall to Wall " large TV Screens and in addition two huge ten foot floor to ceiling screens ! This business has a unique Hookah set up that has become a favorite hotspot in the University of Southern California and Downtown Los Angeles area. This restaurant has a very friendly layed back upper income young hip crowd. Great parking with thirty (30) parking spaces and plenty of street parking. The business has been open for 5 years! Own this glamorous business and enjoy making a ton of money$$$!!!

GENERAL INFORMATION:
Organization: LLC | Year Established: 2010 | Seating: 99-250 | Square Footage: 7800 | Parking: valet plus parking for 30 cars | Licenses Required: beer and wine Tobacco/Hookah | Days Open/Hours: 5pm - 2am | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Cash Flow: $180,000 |

LEASE INFORMATION:
Monthly Rent: $5,650 | Lease Expiration: 2020 | Yearly Adjustment: CPI | Lease Option: ten years | Security Deposit: 11000 |

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Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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