Inglewood Area Restaurant With Beer & Wine For Sale

Business description

This Inglewood restaurant with a beer and wine license is located on a main boulevard in a stand-alone building with parking. The restaurant, facility and equipment are in very good condition as construction was completed in 2008. The business is currently open 7 days from 10 am to 9 pm and can accommodate from 30 to 60 persons. The restaurant is well located and accessible within minutes of both the Los Angeles Airport and Hollywood Park Race Track. The facility offers 16 parking spaces. The beer and wine license allows for alcohol to be served until midnight.

Property information

Real Estate:

Lease

Lease terms:

The restaurant is located in a 946 square foot facility. The seller, who is also the landlord, is offering a new five year lease starting at $3,500 per month including all common area maintenance expenses, with a five year option.

Location:

This Inglewood restaurant with a beer and wine license is located on a main boulevard in a stand-alone building with parking. The restaurant, facility and equipment are in very good condition as construction was completed in 2008. The business is currently open 7 days from 10 am to 9 pm and can accommodate from 30 to 60 persons. The restaurant is well located and accessible within minutes of both the Los Angeles Airport and Hollywood Park Race Track. The facility offers 16 parking spaces. The beer and wine license allows for alcohol to be served until midnight.

Size in square feet:

946

Business Operation

Expansion potential:

This business has a lot of potential. A predominate Hispanic community provides for an excellent opportunity for various concepts such as Mexican, El Salvadorian, Cuban, Columbian, as well as other ethnic concepts. The turn-key facility allows a buyer to begin operating immediately unless cosmetic modifications are desired, however the facility and assets are set up for immediate use. The business thrives by offering sporting events such as soccer, football, basketball, boxing and MMA matches.

Competition / Market:

Competition is low as this restaurant is located within a residential community, however still on a main thoroughfare within minutes of major commercial zones.

Employees:

4

Years established:

2008

Other information

Support & training:

2 wks at 20 hrs/wk

Furniture / Fixtures value:

$3,000 (included in the asking price)

Inventory / Stock value:

$500 (included in the asking price)