Italian Restaurant Available in DTLA - 5 Days Open

Los Angeles, CA (Los Angeles County)

Italian Restaurant Available in DTLA - 5 Days Open
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Asking Price: $88,000

Established: 2011

Italian Restaurant Available in DTLA - 5 Days Open

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Asset Sale Description

Weekdays Open Only, Italian & Thai Restaurant located in heart of fashion district of Los Angeles Downtown. As-Is, Asset Sale.

Establish 2011 and the current owner since January 2019. Open 5 Days per Week. Full Kitchen. Nicely decorated interior. Turn key operation.

New owner could change and/or improve current menu.

Located on the 2nd floor of a building with lots of foot traffic. Entire building is occupied by garment wholesalers, banks and other offices.

Space is 1700 SF with rent $4100/mo. Electric $500-700/mo. Gas $220/mo. Phone & Internet $120/mo. Insurance $313/mo.

Current lease expires 04/23 with 5 years option.

2 Full time employees on payroll of $7000/mo.

Detailed Information

Los Angeles, CA
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(from currently available funds)
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William Park

Asset Sale Listed By:
VR Business Brokers

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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