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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Built Out Former Restaurant With Catering Kitchen

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $700000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours/ week.
Reason for Sale  Personal.
Description  This Culver City restaurant is located on one of the most highly trafficked locations in the entire city. The location benefits from fantastic street exposure with freeway access and heavy commuter traffic. The business is not currently operating as a full service restaurant, rather being used as a catering kitchen for large and small events. This prominently located 1,600 square foot facility with a parking lot leases for $3,300 per month, with a new lease and options to be negotiated in the sale. The sale includes all of the business's assets excluding a few pieces of used kitchen equipment. There is a large 20 foot hood that has the space to accommodate multiple kitchen appliances. The facility's comfortable layout, with plenty of seating can provide a great canvas from which multiple concepts may thrive. This restaurant does face competition on various levels in the area, as West Los Angeles is a highly competitive market. The venue, however, provides easy, simple street access and has its own parking lot in a very prominent location, providing it a distinct advantage. Asking Price $29,000. Although the current owner is not open as a retail restaurant, during their last year in operation the gross revenue was approximately $700,000. This shows that given the right concept, there is huge potential for growth.
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