Business Details

Specialty Burgers, Downtown LA Take Out Restaurant

Location : Los Angeles

Type of Business : Specialty Burger and Fries Restaurant

Asking Price: $350,000
Inventory: $5,000

Gross Sales: $720,000

Summary of Business

Beautiful restaurant in Down Town Los Angeles. Seller only accepts take out order, and Third Party delivery orders via Uber Eats Door Dash, etc. Good-looking restaurant with inside and outside seating, but the Seller purposefully decided to not use at all. This is a simple, late night concept with Gourmet Burgers, Sandwiches, Salads, Fries and Drink menu including Craft Beer. Simple to operate as Seller and Spouse run the whole place as a To-Go venue only. Open 6 days per week from 6 PM - 3 AM. Located in Down Town LA among high rises and newer multi-story, high image residential buildings.

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Other Details

Reason for Sale: Health Issues

Income

Gross Yearly Sales: $720,000
Adjusted Yearly Net Profit: $252,000

Rent

Total Rent: $8,250
NNN: $included above
Length of Lease: Lease expires: Aug, 2026; Options avail: 5 years
Options: 0
Sq. Ft: 2,800
Occupancy: out: 78 in:12

Employees

Hours of Operation: 6 PM - 3 AM, Closed on Mondays

Expenses

Insurance: $4,080 per year
Gas: $1,170
Electric: $included in gas
Water: $included in gas
Phone: $55
Trash: $included in gas

Additional Details


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