#5251
Los Angeles Restaurants For Sale

DTLA RESTAURANT Located on Street Corner of Major Intersection

$90,000
Available
DTLA RESTAURANT Located on Street Corner of Major Intersection



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HOT DTLA STREET CORNER LOCATION

                                   We all know that a lot of success in this industry depends on LOCATION, LOCATION, LOCATION!

Restaurant is in one of the HOTTEST districts in DTLA!

Corner lot with excellent visibility on a major intersection!

This location is just blocks away from LA’s trendy Fashion District and other landmarks!

This thriving area continues to be redeveloped with Loft Apartments and offices. Take advantage of the growing community by building your own name and concept here.

New Hotel opened down street recently.

There is room out front to Add a PATIO increasing seating and more exposure to area patrons.

Restaurant currently sells burgers, pizza, Italian, and other ethnic foods.

Large Parking Structure across the street.

Restaurant is perfect for someone who wants to bring new name and concept, without having the high price tag of building from scratch. It comes fully equipped, including a LARGE hood!

***New Owner will need to Change the Name as there are other locations with the same name that exist.***

CURRENT OWNER: Has 2 other locations to manage, so owner has decided to sell this one.The other Locations have a slightly different business model from this one. Time has limited the owner’s involvement in this location.

PLEASE Remember when visiting this restaurant to keep your visit confidential and consult Agent for further information.

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
2/28/2021 + 5 Yr Option
Total Monthly Rent:
$9,500
Security Deposit:
$18,415

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
Mon - Thurs 8:00AM-11:00PM
Fri 8:00AM - 12:00 AM (Midnight)
Sat 9:00AM - 12:00AM (Midnight)
Sun 10:00AM - 8:00PM
Year Established:
2018
Hood System Type 1:
Yes

Facilities

Indoor Seating:
33
Outdoor Seating:
4
Inside Sq. Ft.:
1,657

Highlights

  • HOT DTLA LOCATION
  • AMAZING CORNER
  • LARGE SPACE PROFILE
  • BUSY LOCATION

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 65,880 547,089 1,140,293
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,344 202,474 426,310
2010 Persons Per Household 2.70 2.54 2.50
Median House Value $617,300 $617,772 $582,594
Income Per Household $42,043 $44,973 $44,626
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 973 16,194 38,656
2012 Number Of Employees 14,016 350,076 1,031,436
2012 Total Annual Payroll $207,799,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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