CA Downtown Los Angeles
JUST REDUCED!!!! VOTED BEST THAI IN LOS ANGELES!!
HELLO BANGKOK GREAT FOOD HAS LANDED IN LOS ANGELES!!! JUST ADD BEER AND WINE AND WATCH YOUR SALES SOAR!!!!!!!!!!
If you love great food and take pride of ownership then this is the perfect opportunity for you! Crispy shrimp in a delicate tamarind sauce served with forbidden rice and a refreshing Thai iced tea. The executive chef has created recipes, presentation and an interior that is sexy and sophisticated.
To find a great restaurant for sale in Los Angeles with quality and appeal is not an easy task unless you build from the ground up or find a struggling asset sale. Instead you have a turn key opportunity that is a perfect match for a chef owner operator who can take the helm, cut payroll and increase nightime dining traffic.
Located a short block from the LA metro station and in the heart of the a business district with adjacent high density residential component creates a perfect catalyst for dynamic growth. Increased advertising to get the word out will yield tremendous results for both lunch and dinner. Very few area restaurants have large semi-covered patios with great views to the downtown skyline.
Virtually unlimited parking and validation is included in the lease rate.
ANOTHER ELITE RESTAURANT BROKERS INC LISTING
Lease
Financials
Operations
11:00am to 10:30pm
Facilities
Highlights
- VOTED BEST THAI IN LOS ANGELES!!!
- PRIME HIGH TRAFFIC KOREA TOWN LOCATION
- MAGNIFICENT INTERIOR DECOR WITH CONTEMPORARY FLAIR
- PROFITABLE AND TURN KEY
- CLOSE TO GROWING DOWNTOWN LOCATION
- INCLUDES NAME AND RECIPES
- GOOD LEASE RATE FOR THIS AREA
- DESIRABLE OUTDOOR PATIO
- ADJACENT TO HIGH VOLUME RESTAURANTS
- PRICED TO SELL, OWNER IS FOCUSING ON HIS OTHER LOCATIONS
- NEXT TO METRO STATION
- 40% YEAR OVER YEAR SALES INCREASE
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 152,142 | 617,861 | 1,245,163 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 56,119 | 222,946 | 457,862 |
| 2010 Persons Per Household | 2.53 | 2.58 | 2.54 |
| Median House Value | $650,810 | $563,154 | $572,692 |
| Income Per Household | $36,983 | $38,611 | $42,236 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 4,840 | 15,759 | 41,512 |
| 2012 Number Of Employees | 102,438 | 388,876 | 1,064,278 |
| 2012 Total Annual Payroll | $1,986,338,000 | $4,294,967,295 | $4,294,967,295 |
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Disclaimer
The information contained in this offering profile was provided by the Seller and is believed to be accurate. Elite Restaurant Brokers, Inc. has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.