#5447
Orange County
Los Angeles South Bay - Long Beach

Restaurant Established 27 Years with Beer and Wine and LOW RENT

$75,000
Available

LOOK TO THE LEFT...CLICK "Sign NDA" and go visit this store. 

This Restaurant has been here at this location for 27 Years and has been a favorite place to go for all those years. Whether it was the Workers from the Many Businesses in area at Lunch or the Residence for Dinner. It is located near an area College that has many students living near by that are always looking to EAT!!!

WITH A TOTAL RENT OF ONLY $2,982 for 1650 Sq Ft this makes it easy to see Bottom Line $$$ PROFITS!!! 

Yes that's ONLY $1.81 per foot!!!

They have been serving Italian Food for all these years and Buyer can elect to continue with that style food or change it to a cuisine of their choosing. If Buyer chooses to keep it Italian the NAME WILL HAVE TO BE CHANGED  as owners have opened another larger location in near by town. THERE IS A Beer and Wine License in place.

The kitchen is setup with all the major pieces of equipment to handle just about any type of restaurants needs, there are 2 Stove Tops with Ovens, Conveyor Pizza Oven, Deck Pizza Oven, Meat Slicer, Dough Mixer/ Cheese Grater and more.

Since opening of their other location they have cut the hours here to just 11:00 AM - 2:00 PM  Monday - Friday though they had a good dinner business but they were needed at the new Larger Location and found it easier to just limit this location to lunch only. With this they still managed to keep the place in the Black and cover all the bills ++ little profit. But it has become more of a chore to keep this open so its time to pass this location off to an owner that will make this place hummmm again. Buyer can add Lunch and Dinner Delivery by using in house or contract with the many companies that offer delivery. Then there is Catering to be had to the many businesses in areas for their office meetings and Take Out Family Meals for dinner. There is So Much Potential for an operator to see this place return to a thriving restaurant for the area.

So come by and check out this place and see if it is not just what you've been looking for.... a place with low rent, good parking and so much upside potential.

Just sign the NDA tab and get name, address and see pictures, then come by and confirm that this is the place for you.

Go Visit This Restaurant be going to SellingRestaurants.com and search for listing 5447. 

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

Lease

Region:
Orange County
Los Angeles South Bay - Long Beach
Lease Term:
April 30, 2022 + 5 yr option
Total Monthly Rent:
$2,982
Security Deposit:
$2,000

Operations

Liquor License:
41 Beer and Wine
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
11:00AM - 2:00PM Monday - Friday
Year Established:
1992
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
20 shared
Inside Sq. Ft.:
1650

Highlights

  • Located near Large Industrial Area
  • Long TIME RESTAURANT
  • LOW RENT
  • Easy Conversion to most any Restaurant Style
  • Residential Area Close by for DINNER Crowd
  • BEER AND WINE LICENSE
  • College near by... dorms, HUNGRY STUDENTS
  • Good Parking

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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