, California 16 views 0 favorites
Prime location, signalized intersection on the most traveled Victory Blvd in N. Hollywood. Surrounded by a great mix of commercial, residential and retail stores. This venue is in a busy area with lots of cars and foot traffic. The bldg. size is 1,100 SF, seating capacity up to 30 patrons inside and 300SF Patio sitting for 16-20 patrons outside . Rent Just $2,700/MO with 3+3 years contract, no surcharges like CAM or Triple Net. Restaurant has VERY good ratings on Google and Yelp, with small renovation can be eligible to obtain license, "beer and vine". Fully equipped kitchen: Hood 10.5”, 2-2” flat top grill (Imperial),6" broiler grill, 2 fryers, 2 gas burner stove, one freezer, 1 stand up refrigerator, 2 salads refrigerators,2 short boy fridges, one ice chest, 3 compartment sink, meat grinder, slicer, juicer machine(Gratco), drink mixer, 2 TVs, microwave, pots and pans etc. Business sales are growing back to normal. The gross annual sales are $248,000 and the cash flow is $ 69,000. The venue serves: Sandwiches, Burgers,Kebabs, Mediterranean plates and Wraps, hot dogs etc.. Home of original Monster Burger. New buyer can keep same concept, or convert to any type of cuisine: Breakfast or Pizza(no such a concept in couple blocks around), Poke, Chinese, Indian, Pho, etc--Although NO LATINO Cuisine or FRY CHICKEN( by Contract) All equipment, furniture, and fixtures are included in the sale price. This turn-key business is a unique opportunity with unlimited potential to grow. This business needs nothing BUT YOU to step in and make profits the first day of ownership. An owner/operator will be very successful . WE WILL PROVIDE WITH FULL DETAIL TRAINING Location: North Hollywood, California Year Established: 2019 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 1,050 Rent: $2,700.00 Per Month Lease Expiration: 12/1/2025 Facilities: Fully equipped kitchen: Hood 10.5”, 2-2” flat top grill (Imperial),6" broiler grill, 2 fryers, 2 gas burner stove, one freezer, 1 stand up refrigerator, 2 salads refrigerators,2 short boy fridges, one ice chest, 3 compartment sink, meat grinder, slicer, juicer machine(Gratco), drink mixer, 2 TVs, microwave, pots and pans etc. Market Outlook/ Competition: No competition For Mediterranean ,Pizza ,Breakfast ,Pho or Ramen cuisine In radius of couple blocks Growth & Expansion: Good opportunity with small input and follow up on reports.
Listed: Apr 22, 2022
Updated: 7 hours ago
Views: 16
Favorites: 0