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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbb.com
amyvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbb.com
amyvrbb@gmail.com

Business Listing Details

LISTING#:
01984718AE

C1100: Restaurants
Non-Franchise Hawaiian BBQ Restaurant Asset Sale
LOCATION: Los Angeles
  
ASKING
PRICE

$49,000
AMOUNT
DOWN

$49,000
REVENUES:
  
$240,000
DISCRETIONARY
EARNINGS

$60,000
TOTAL
ASSETS

$135,000
Asking Price Slashed to $49,000!

Grab this highly popular and busy Non-franchise Hawaiian BBQ fast casual restaurant at an asset sale price.  No royalty or advertising fees to cut into your profits.
Seller sold a successful Fast Casual Hawaiian BBQ Restaurant and opened this location on May 1, 2019.  With no advertising, it grossed about $20,000 in June, 2019.  Unfortunately, Seller's ill parent forces seller to relocate and sell this beautiful location at a quick sale price with new and like-new equipment.  Perfect for an entrepreneur like you to enjoy the pride of owning your own business and being your own boss. It's easy to run with low labor costs and a turn-key operation. 

Local patrons can't wait to savor the yummy grilled BBQ faire in this bright, colorful and tastefully decorated eatery for all ages. This family restaurant has great potential located in a major shopping center near national big box stores, auto dealerships, auto repair and maintenance shops and nestled among residential communities whose residents love that fresh and healthy Hawaiian taste in generous portions.  Off an Interstate Freeway in a diverse demographic family area.  Seats 24 inside and 8 outside. 
Fully equipped kitchen, including a new large walk-in cooler, new refrigerator, new ice machine, new large stand alone grill, 10 foot Hood, all barely used in pristine condition.  The cost to build a similar restaurant could be as high as 2-3 times the asking price.  Good Lease until 2027 + (2) five year options to renew.  Current rent and CAM is reasonable at about $3.60 PSF. Can change concept to a non-competing cuisine in center subject to Landlord approval.  Stop by to see how busy this recently built location but please don't talk to the employees about the sale.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Amy Eng
Phone:  (562) 402-2686
Cell:  (323) 896-1264
E-Mail:  amyvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
www.vrbb.com
Listing Number:  01984718AE
 


Front

Menu Board

Refrigs

Grill