Quick Serve Mexican Restaurant

$195,000

West Los Angeles

Asking Price: $ 195,000
Type of Business: Quick Serve Mexican Restaurant
Location: West Los Angeles
Hours of Operation: 9am – 10 pm daily
Gross Sales: $ 58,000 per month
Adjusted Net Profit: $ Up to new owner
Total Rent: $ 4,950 per month
NNN: $ Included in rent above
Length of Lease: 5 yrs.
Options: 5 yrs.
Sq. Ft. 1,200
Occupancy: 30 inside and 12 on patio
Number of Employees:
Full time:  8       Part-time:  2
Payroll: $ 18,000 mo.
Insurance: $ 225 mo.
Gas: $ 750 mo.
Electric: $ 950 mo.
Water: $ included in NNN
Phone: $
Trash: $ included in NNN
Internet and TV:
Cost of goods: N/A
Business description.

Great location in upscale West Los Angeles neighborhood. Famous for many Movie Stars living there and many Movie and TV Shows filmed there. Nearby to Beverly Hills and Brentwood. Located on a main Blvd. with excellent street exposure. Great parking in a larger shopping center. Currently serving a Mexican only menu. It can be converted or just trade up to a more upscale Mexican menu that this neighborhood can afford. Full kitchen including Hood and fire system, deep fryer, charbroiler, grill, steam table, salamander, walk-in cooler, upright freezer and much more. Nice street front patio.
Great low rent for this dynamic area.
Needs fresh blood with some new ideas that would work better with the local demographics. Bring your ideas and your menu.

Call for more details.
(714) 366-5498