West Hollywood Quick Service Restaurant w/Patio!

West Hollywood, CA (Los Angeles County)

West Hollywood Quick Service Restaurant w/Patio!
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Asking Price: $120,000

Cash Flow: $102,428

Gross Revenue: $678,992

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,890 /Month

Established: 2016

West Hollywood Quick Service Restaurant w/Patio!

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Business Description

This West Hollywood Quick Service Restaurant may boast one of the area’s most coveted location due to its accessibility as well as its coveted outdoor patio. The venue’s excellent street visibility and high auto and foot traffic make it the ideal location for a new concept’s flagship store launch, or for an existing concept to dramatically enhance their brand’s footprint. The first class premise’s outdoor patio can accommodate 10 seated and many more standing patrons, while it also has up to 6 shared parking spaces. The venue benefits from its proximity to the area’s high concentration of late night bar and entertainment venues.

Detailed Information

Location:
West Hollywood, CA
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
4 pt
Facilities:
This 1,000 square foot restaurant leases for $9,340 per month plus $550 in common area maintenance (CAM) expenses. All of the business's furniture, fixtures and equipment will be included however the concept, name, telephone number, website and recipes will not be part of this asset sale.
Competition:
While competition certainly exists in this highly popular area, this venue’s dominant location with a patio, extraordinary visibility and onsite parking available provide it a uniquely sustainable competitive advantage.
Growth & Expansion:
While the concept is not included in the sale, new operators may wish to capitalize on the coveted location and area’s popularity to launch an entirely new concept that caters to the daytime, afternoon, evening and late night crowds. Alternately, they may rebrand this already proven concept.
Reason for Selling:
Personal
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Contact the Seller

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Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

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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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