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Listing View: Inglewood Area Restaurant w/ Beer & Wine, Stand Alone Building w/ Parking - Inglewood, California


Inglewood Area Restaurant W/ Beer & Wine, Stand Alone Building W/ Parking
Inglewood, California

Offered at:
$90,000

Office Listing #   BigBird
Revenue: $250,000 / year
Cash Flow: $90,000 / year
Lease Rent: $3,500 / month
Square Feet: 946

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 Listing Description

This Inglewood restaurant with a beer and wine license is located on a main boulevard in a stand-alone building with parking. The restaurant, facility and equipment are in very good condition as construction was completed in 2008. The business is currently open 7 days from 10 am to 9 pm and can accommodate from 30 to 60 persons. The restaurant is well located and accessible within minutes of both the Los Angeles Airport and Hollywood Park Race Track. The facility offers 16 parking spaces. The beer and wine license allows for alcohol to be served until midnight. The restaurant is located in a 946 square foot facility. The seller, who is also the landlord, is offering a new five year lease starting at $3,500 per month including all common area maintenance expenses, with a five year option. The sale includes all of the business assets such as the furniture, fixtures, kitchen equipment, small wares, flat screen televisions, name, menu, and the beer and wine license. The sale also includes inventory valued at $500. Competition is low as this restaurant is located within a residential community, however still on a main thoroughfare within minutes of major commercial zones. This business has a lot of potential. A predominate Hispanic community provides for an excellent opportunity for various concepts such as Mexican, El Salvadorian, Cuban, Columbian, as well as other ethnic concepts. The turn-key facility allows a buyer to begin operating immediately unless cosmetic modifications are desired, however the facility and assets are set up for immediate use. The business thrives by offering sporting events such as soccer, football, basketball, boxing and MMA matches.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   2008
Current Owner:   2008
# of Employees:   4
Seating:   40
Square Foot/Size:   946
Parking:   Parking Lot
License(s) Required:   Contact For Info
Reason For Sale:   Contact For Info
     
Financial Information
Revenue:   $250,000 / year
Cash Flow:   $90,000 / year
Payroll:   Contact For Info
Current  Inventory:   $500
FF&E:   $10000
     
Lease Information
Lease Rent:   $3,500 / month
Lease Expiration:   TBD
Lease Option:   5 Year w/ 5 Year Option
Listed by:   R Clark
 The Veld Group
Email: Email Seller
Phone:  (310) 652-8353
Website:  www.theveldgroup.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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