URGENT BUYER NEEDED! Beer / Wine Licence - HOT LOCATION! Deli or Cafe

Los Angeles County, CA

Color Changing Lights! Interior
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Asking Price: Get Financing: $109,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $40,000

Inventory: $10,000

Lease Rate: $4,000 /Month

Established: 2017

URGENT BUYER NEEDED! Beer / Wine Licence - HOT LOCATION! Deli or Cafe

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Business Description

Complete Turn Key- incl. fixtures, food inventory, cooking utensil, TV

Motivated Seller! - Seller has to pursue family businesses in New York, and is moving out of Los Angeles!

Complete Turn Key- Seller is offering food inventory, tables, chairs, cooking equipment, TVs, utensils, crockery

~ 1200 Sq. Feet approximately.

Charming restaurant in Koreatown: center of Los Angeles at 7th and Western! 10 minutes from Down Town, Beverly Hills, and UCLA. Close to West Hollywood.

1. The restaurant has Beer and Wine license worth $35,000.

2. New kitchen equipment purchased.

3. Lots of Parking! The restaurant is in a small strip shopping mall. Lots of Parking space for the clients. The entire mall is 24/7 under camera surveillance. Hence safe and secure restaurant. The premise also has its own alarm system.

4. Lots of improvement done – Newly painted, added new furniture’s, new lighting, new four (4) big sized smart televisions etc., soft drink and Beer/ Wine taps, all new crockery.

5. Location is close to Down Town, Beverly Hills, and UCLA. Close to West Hollywood.

6. Rent is ($4000 NNN) very reasonable and has a lease of 10 years + 10 years to renew.

7. The restaurant has two bathrooms hence can apply for Liquor License also. Office Storage! The restaurant has 38 people sitting.

7. The restaurant has two bathrooms hence can apply for Liquor License also. A small office space is there. The restaurant has 38 people sitting.

8. Currently, running as a fusion restaurant with Indian influenced spices.

9. Great potential to make a good profit- the area is growing rapidly with 500 apartment complex being built right across.

10. Owner selling this restaurant as they are planning to move back to New York for the family business. Motivated seller.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
9/1/2028
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Complete Turn Key- Seller is offering food inventory, tables, chairs, cooking equipment, TVs, utensils, crockery
Competition:
Area is full of Korean barbeques- AMAZING potential to open up something new and exciting. Complex has 'the neighborhood beer bar' and Kung Fu Tea chain located in it.
Financing:
Seller willing to Finance part of purchase
Support & Training:
Owner will provide 1-month training
Reason for Selling:
Seller is moving back to New York, as family business has to be taken care of.
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Business Listed By:
Gary Jain

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