Italian Restaurant In Santa Monica For Sale

Business description

A casual Italian restaurant uniquely located on Santa Monica Blvd a few blocks from “3rd street promenade” is available For sale. 1000 sq. ft. of space/ Monthly RENT of ONLY $1,200/mo., 7 Days operation, Fully equipped, Fully Staffed, Great chef, Seats 25 people inside and 8 outside. 10 Parking spaces In addition to the valet parking. The present owners have other locations that are making strong demands on their time and talents. Owner will provide support and training for the new owner.

This is a confidential listing. For more information, regarding this listing please contact us by completing the "Contact the Seller" form on this add, to schedule an appointment for more information about this opportunity. We look forward to hearing from you!

Property information

Real Estate:

Lease

Lease terms:

(Verbal agreement with landlord)

Leasehold rent:

$1,200 per annum

Location:

Located on Santa Monica Blvd a few blocks from “3rd street promenade”

Premises details:

1000 sq. ft. of space/ Monthly RENT of ONLY $1,200/mo.

Size in square feet:

1000 sq. ft.

Business Operation

Reasons for selling:

Other locations

Trading hours:

7 Days 11:00AM - 7:00PM

Employees:

0 FT; 4 PT

Years established:

1997

Other information

Support & training:

2 wks. 20 hrs. /Wk.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)