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Restaurant for Sale in Los Angeles, United States

For sale: French restaurant in Los Angeles, receiving 150-200 customers on a daily basis.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.2 million
Run Rate Sales USD 3.2 million
EBITDA Margin 26 %
Industries Restaurants
Locations  Los Angeles
Local Time 8:43 AM America / Los Angeles
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: USD 2,400,000)
Reason: Looking to retire.
Includes physical assets worth USD 900 thousand
Documents
Liquor Licence
Business Overview
- French restaurant located in the trendy Los Feliz district, popular with artists and celebrities. .
- With its unique theme, it attracts a lot of film and pub shoots too.
- The restaurant contains a wine and liquor bar on the bistro side, a lounge as well as a terrace totalling 120 seats.
- The operation hours are 7 days a week for Brunch, happy hour and dinner.
- We have license 47 and will provide green card opportunity for buyers.
- On an average, we receive 150-200 customers on a daily basis.
- Buyer would get website, domain, furniture, kitchen equipment, license.
- Promoter has more than 20 years of experience in this business.
Products & Services Overview
French dishes, liquor, wine.
Brunch, Dinner, Happy hour.
Facilities Overview
One floor divided on 3 spaces (Bar / Bakery and Lounge). Lease of 15 years at USD 18,300 per month.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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