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Mediterranean QSR - CAN CONVERT!

Los Angeles, CA (Los Angeles County)

Mediterranean QSR - CAN CONVERT!
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Asking Price: $49,000

Cash Flow: N/A

Gross Revenue: $384,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,117 /Month

Established: 2018

Mediterranean QSR - CAN CONVERT!

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Business Description

DESCRIPTION:
Located on a major boulevard and intersection in the San Fernando Valley, this Quick Service
Restaurant has great curb appeal. With ample parking and easy access, this gem can attract a wide
demographic as this LA suburb’s income bracket is of the Top 20%. Surrounded by large companies
and buildings, there are endless employees within walking distance of this location, a great
opportunity for a new concept in fast casual. The current owners have multiple locations and need to
down-size in order to run all other locations efficiently. A full time Owner Operator would bring down
the labor percentage drastically and streamline all other cost controls.
Also, the catering side and additional third party delivery services would create additional revenues.
The current ownership participates minimally in third party deliveries, which would increase the lunch
demand and profit margins. And committing more to marketing via Yelp, Google, etc., this location
has endless opportunity. The current lease has a comfortable 9 years left and option.
EQUIPMENT:
There is an existing Type 1 hood, multiple reach-in coolers, reach-in freezer, fryer, grill, multiple doner
kebab machines, point of sale system, alarm system and camera system, etc.
FACILITIES & OPERATIONS:
The facility is 1500 SF and the current operation hours are 11:30 a.m. to 9:30 p.m. seven days a
week.
LOCATION:
This store is located in a mixed residential and business neighborhood strip center with ample parking
and no direct competition.
FINANCIAL INFORMATION:
Everything is in place for the new owner to take over what has already been established and make it
grow even more!!! Tremendous advantage over a build out or start up!
• Take advantage of this GREAT DEAL!
• Rent is $5,117 including CAM
• 1,500 SQFT
• New owner can easily convert space to a different concept

Don’t miss this opportunity to own a restaurant in a prime location. Contact us today for more details!!!

Listing #19026RG
visit us at www.PacificRestaurantBrokers.com and fill out our Confidentiality Form

Detailed Information

Location:
Los Angeles, CA
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
4
Reason for Selling:
Moving out of the area
Business Website:
http://www.PacificRestaurantBrokers.com
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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