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Listing #5269

CUTTING-EDGE NEW QSR IN MAJOR MALL STREET CORNER LOCATION

Price: $500,000
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CUTTING-EDGE NEW QSR IN MAJOR MALL STREET CORNER LOCATION

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Located in a High Traffic location with many National and Local Retailers

CUTTING-EDGE DESIGN - NEW RESTAURANT IN MAJOR MALL

CORNER LOCATION HIGH FOOT TRAFFIC

MOST EQUIPMENT STILL UNDER MANUFACTURER'S WARRANTY!

GET IN BEFORE CHRISTMAS SALES START!

Yes you've heard it right, this $1.5 Mil Professionally designed restaurant has found itself without the funds needed to see it get it to the level needed before investors have run out of funds to keep it going.  This broker can't stress how this spot is usually only reserved for larger corporate chains! 

This place is TRULY a Beautiful Cutting-Edge Restaurant with a very comfortable feel from the moment you see it from a distance and walk in the door.  Built as a Quick Serve Concept where Guests order at the front counter area. There is a Digital Menu Board featuring the restaurant's offerings and can be changed and updated as needed with little fuss.

No expense withheld here. The owners selected the highest quality products as well as craftsmen to build this restaurant and it shows from ceiling to floor, from dining room to kitchen, it is a jewel!

It is recently closed. Only open since January 2018 and entering the market with a soft launch being sure to give every guest a memorable visit, has further drained the funds as well. Sales had been averaging in the $60,000 +/- per month range till the first advertising campaign released in August saw  sales jump to over $95,000+. BUT Because of lack of funds they were not able to continue to afford the advertising needed to keep those numbers growing. Sales fell into the $75,000 range and with summer and the typical restaurant slow down dropped again the following month.

The concept itself is very much accepted by those their customers with very high reviews on on Yelp and Facebook in the 4+ Star range most guests loved the food and the feel the place has what it takes to be a couple million location. The originator of the concept would also be open in talking with Buyer if there was a desire to pick up where they left off and see the place through to a Thriving Restaurant in the market place. It has all the right look and feel for a place that could find its way to see a number of units through out the area and beyond.

The business comes with the Top of the Line Food Service Equipment

     ** Alto-Sham Steam / Ovens

     ** Alto-Sham Cooking and Holding Cabinet Ovens

     ** 40 Gallon Steam Kettle Cooker

     ** Warming Cabinets

     ** Many Hot Food Units

     ** Many Cold Table Units

     ** Walk-In Cooler

     ** Walk-in Freezer

AND MUCH MORE, You need to see it to fully appreciate what has been put together here and built ready for high out put.

Priced at a Fraction of what it cost to build, with all the Building plans, Inspections, Construction time and costs out of the way you can come in tomorrow and get opened and have a truly amazing looking Restaurant for such a low price.

Bring your own concept or continue with what has been started here, either way you have all you need to hit the market place with a Location that has the Traffic, PARKING and Visibility needed. With a carefully planned marketing plan and great execution you could have found yourself a Winner here.

Buyers will need Solid Financial and Experience to get Landlord approval as this is a highly sought after location usually left for large corporate chains.

So don't wait, click the NDA Tab to get name, address and see the PICTURES of this outstanding opportunity!!


This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01809021
   
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General Information
Listing Status: Available
Price: $500,000
Location: San Fernando Valley
Los Angeles
Lease Information: 9 years left + 2-5 yr options
Monthly Rent: $21,192
Indoor Seating: 85
Outdoor Seating: 46
Number of Parking Spots: Mall Parking
Hours Open: Closed Make Appointment
Year Established: 2018
Inside Sq. Ft.: 3532
Hood System Type 1: Yes
Hood System Type 2: Yes
Highlights
  • High Traffic Location

  • Newly Constructed

  • Nice PATIO

  • Beautiful Buildout

  • Most Equipment still under Warrantee

  • Lots of PARKING



Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.



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