Prime Los Angeles Location Cantonese Restaurant
Los Angeles, CA Los Angeles County
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- RE: Prime Los Angeles Location Cantonese Restaurant
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | $783,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 952474 | |
| Broker Reference #: | 4825 |
Business Overview:
Prime Los Angeles Location Cantonese Restaurant, Custom Setup, Ideal for Dim Sum Dine-In and Take-Out, Busy Plaza
RRC# 4825
Location: Los Angeles
Description:
Situated at bustling cross streets, this Cantonese restaurant is nestled in a busy Los Angeles plaza, neighboring well-known grocery stores and chain retail. The plaza offers a free parking structure with EV chargers, ensuring convenience for customers. This prime location, combined with high foot traffic, sets the stage for excellent business potential.
The restaurant closes at 7 PM, presenting a significant opportunity to extend business hours and increase revenue.
Key Features:
Custom Commercial Equipment: Includes advanced steamers, electrothermal food oven, and a stock pot range, all designed to meet high standards of efficiency and quality. Type 1 Hoods extending 19'6" long.
New Equipment: Most of the equipment is brand new and comes with manufacturer warranties, ensuring reliability and reducing maintenance costs.
Spacious Refrigeration: A walk-in refrigerator and freezer, both measuring 9 feet long, 6 feet wide, and 8 feet high, provide ample storage space for fresh and frozen ingredients.
High-Performance Appliances: The kitchen is equipped with a 60 qt Globe Mixer, ideal for handling large batches, and a preceptor located in the basement for convenient waste management.
This restaurant is perfectly poised for a new owner to take over and capitalize on its prime location, excellent equipment, and the potential for extended hours.
Financial Information:
Monthly Revenue: $65,200
Monthly Cash Flow: Contact for Info
Annual Revenue: $783,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Inc
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: $9,785 All Inclusive
Expiration: Contact For Info
Facilities:
Square Feet: 1,500
Seating: Contact for Info
Parking: Free Parking Structure and Street Parking
Licenses: Business
Days/Hours of Operation: 7 Days/1030a - 7p
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Property Features and Assets:
Facilities:
Square Feet: 1,500
Seating: Contact for Info
Parking: Free Parking Structure and Street Parking
Licenses: Business
Days/Hours of Operation: 7 Days/1030a - 7p
Market Competition and Expansion:
General Info:
Ownership: Inc
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: $9,785 All Inclusive
Expiration: Contact For Info
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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