Trendy Mexican Grill In Downtown LA
Location California,United States
Asking Price Range < $250K
Gross Revenues $500000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2012
Number of Employees 1 - 3
Inventory 450000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Other business ventures
Description Mexican Grill in Very Busy Area of Downtown Los Angeles!
This fantastic Mexican Grill is located in downtown LA within walking distance of both the Jewelry and Fashion districts with very high foot traffic. Less than a year ago, the owner completed a beautiful $450,000 build-out! This large space is now equipped with all top-of-the-line fixtures and equipment including granite countertops, walk-in refrigerator & freezer, fryers, convection ovens, commercial range hood, and even a state-of-the-art security system. Ready to serve, the space provides seating for more than 40 customers.
The business is surrounded by visitors and tourists during the day, and locals residing in downtown lofts are within walking distance in the evening. The business is building a solid customer base very quickly, and is receiving great Yelp reviews! Known for its great lunch menu, the dinner crowd is still an untapped market for a new owner interested in increasing revenues.
The owner is unable to continue growing the business due to other business ventures, and is ready to sell. At this unbelievable price, this business will not last long! For more information, please email or contact Jered Chapman at 310.882.2200 ext. 129
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