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Listing View:
Silver Lake Restaurant w/ Beer & Wine, Main Street Exposure & Parking - Los Angeles, California
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Silver Lake Restaurant W/ Beer & Wine, Main Street Exposure & Parking
Los Angeles, California
Offered at:
$115,000
| Office Listing # | SilverLos2 |
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Revenue: |
$174,000 / year
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Cash Flow: |
$28,900 / year
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Lease Rent: |
$4,425 / month
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Square Feet: |
1200 |
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This Silver Lake restaurant with beer and wine is located in
the heart of the community’s evolving entertainment and
dining district. This opportunity is in a prime location on a
major thoroughfare, includes parking and excellent
visibility, and is surrounded by Silver Lake’s newest
hotspots. Silver Lake and Echo Park operators continue
to produce successful restaurant concepts which naturally
create a built-in customer base seeking out high quality,
offbeat establishments. This restaurant provides a new
owner an excellent opportunity to enter the Silver Lake
market at a bargain price. The current beer and wine
license permits for sales up to 10 pm nightly.
This 1,200 square foot facility leases for $4,425 per
month and expires in December 2012 with an option to
renew for an additional five years. The sale includes all
the assets of the business including the furniture,
fixtures, kitchen equipment, beer and wine license and
goodwill.
Competition is medium as other restaurants exist in the
area, however Silver Lake is consistently one of the city’s
fastest growing communities with a strong demand for
new restaurant and eating facilities.
The business has a lot of potential and room to grow.
This location’s exposure will provide an owner with a built
in traffic base via Sunset Blvd. Concepts in demand
include pizza, Italian, Indian, Mediterranean, Sushi or
Japanese, sausages houses, burgers, breakfast and
diners, among many others.
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| Organization: |
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Sole
Proprietorship
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| Year
Established: |
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1990
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| Current
Owner: |
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2002
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| # of
Employees: |
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2
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| Seating: |
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32
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| Square
Foot/Size: |
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1200
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| License(s) Required: |
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Contact For Info
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| Reason
For Sale: |
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Personal
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| Revenue: |
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$174,000 / year
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| Cash Flow: |
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$28,900 / year
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| Payroll: |
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Contact For Info
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| FF&E: |
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$10000
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| Lease Rent: |
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$4,425 / month
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| Lease Expiration: |
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12/31/2012
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| Lease Option: |
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5 Yr Opt
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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.
Read
the
full disclaimer before responding
to any ad.
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