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Rare opportunity to own a franchise, corporate owned, attractive, high gross, 100% employee run, pizza restaurant with beer & wine license in a very desirable and upscale LA Live, Staples Center area. Please note, that this business is LA LIVE located, in an high end, upscale, densely populated area on a busy street adjacent to Staples Center surrounded by a host of businesses and residential communities, ensuring a large volume of vehicle and foot traffic, perfect for quick lunch to fun filled night out with friends and family. Upon arrival, this establishment pampers its guests with a selection of draft beers on tap, outhwatering menu, multiple flat screen televisions, providing an enjoyable entertainment atmosphere. Sellers maintained a full complement of staff and this business is 100% management and employee run resulting in high payroll related expenses. FINANCIAL HIGHLIGHTS October 2021: $105,949.00 November 2021: $142,699.00 December 2021 $123,425.00 IMPORTANT NOTE: Please note that the business was closed on-and-off between January and April of 2021 due to the COVID-19 Pandemic. Furthermore, sales/operation of this business were dramatically affected by Staples Center being partially/fully closed from on or about January to July of 2021. Qualified buyers are invited to execute an NDA and provide Proof of Funds to further pursue this rare acquisition opportunity. Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers and/or its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchasers are hereby advised to consult with their legal and financial advisors to the extend they may deem necessary. Location: Los Angeles, California Franchise: Yes Facilities: LA Live, Staples Center Area, Los Angeles, California.
Listed: Apr 21, 2022
Updated: 6 hours ago
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