Los Angeles Restaurants For Sale
HOT HOLLYWOOD LOCATION!
Want to See How Hot This Location is? Select "Sign NDA" and Go See It!
LOCATION... LOCATION... LOCATION
Located in the heart of Los Angeles, this restaurant is priced to sell! Nestled between some of Hollywood’s greatest shopping and tourist attractions, this cozy restaurant is sure to bring in foodie fans!
- This Mediterranean restaurant is in a PRIME HOLLYWOOD Los Angeles location.
- Family owned since 2012, this restaurant offers quality, healthy food options with an expansive menu.
- Located near iconic landmarks, which means LOTS of foot traffic and business growth opportunity.
- Gross sales of $400,000 per year, with a $100,000 profit margin (SellingRestaurants has not verified the gross sales or net earning numbers and Buyer should investigate independently).
- Expansive recipes and selection included in price!
- Website features ORDER NOW functionality for customers on the go!
- Furniture, Fixtures, and Equipment are also included in price!
- Name must be changed, concept can remain the same if Buyer desires or you can bring your own concept.
- 2 bathrooms located inside the store!
- Potential for liquor license can add value and potential for HUGE customer growth!
- Employee parking available near underground location.
- GREAT location for a 24-hour operation in an area that never sleeps!
This location has lots of room for growth. Don’t miss this opportunity for a slice of the pie in the heart of the entertainment capital of the world!
This is a confidential listing and all potential Buyers must present experience, credit score and show sufficient funds to complete the purchase including all the fees and deposits required before name and address ill be given.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
*select weekends 3AM
Facilities
Highlights
- HOT HOLLYWOOD RESTAURANT LOCATION
- LOTS OF FOOT TRAFFIC
- Keep existing concept or change to yours
- Hot area for Tourist and locals
- Large Hood
- 3 Underground parking spaces for employees
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 62,761 | 416,318 | 886,245 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 26,892 | 178,329 | 360,146 |
| 2010 Persons Per Household | 2.06 | 2.16 | 2.30 |
| Median House Value | $563,694 | $731,459 | $664,972 |
| Income Per Household | $32,812 | $45,941 | $49,865 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,367 | 13,995 | 31,496 |
| 2012 Number Of Employees | 59,182 | 322,334 | 735,696 |
| 2012 Total Annual Payroll | $2,212,274,000 | $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, forward 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.