Wilshire Bl Los Angeles, CA 90010

$398,000
Los Angeles, CA   90010
0 Beds, 0.0 Baths, 0 sq ft, 0 sq ft lot, Built in 0
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0 Beds,
0.0 Baths,
0 sq ft,
0 sq ft lot
Built in 0

Description

MLS# TR19054861

A trendy Chinese Hot Pot restaurant business with Beer & Wine license in Koreantown, Los Angeles is for sale. The 2,880-square-foot, 106-seat restaurant has 3 more years of lease plus two 5-year options with annual net profit of over $200,000. The owner recently acquired Type 41 Beer & Wine license and the liquor sale income was not included in its past financial reports. All fixtures, equipment, and furniture were built, installed, or purchased within the past two years. The restaurant fixtures including hoods all meet strict hot pot and BBQ requirements from the City of Los Angeles. Current owner is willing to provide all distribution information, recipe, and training to buyers. No competition in the nearby neighborhoods. The restaurant is right at the Wilshire/Western station served by the Purple Line Metro. 4-hour free subterranean retail parking is a plus in Downtown Los Angeles neighborhood. The restaurant received 4-Star Yelp and Google reviews. The business is qualified for L-1/EB-1C and EB-5 ($500,000 investment in Targeted Employment Area) Visa. Listed by Tsungchih Lin, Centermac Realty, Inc..

Description

MLS# TR19054861

A trendy Chinese Hot Pot restaurant business with Beer & Wine license in Koreantown, Los Angeles is for sale. The 2,880-square-foot, 106-seat restaurant has 3 more years of lease plus two 5-year options with annual net profit of over $200,000. The owner recently acquired Type 41 Beer & Wine license and the liquor sale income was not included in its past financial reports. All fixtures, equipment, and furniture were built, installed, or purchased within the past two years. The restaurant fixtures including hoods all meet strict hot pot and BBQ requirements from the City of Los Angeles. Current owner is willing to provide all distribution information, recipe, and training to buyers. No competition in the nearby neighborhoods. The restaurant is right at the Wilshire/Western station served by the Purple Line Metro. 4-hour free subterranean retail parking is a plus in Downtown Los Angeles neighborhood. The restaurant received 4-Star Yelp and Google reviews. The business is qualified for L-1/EB-1C and EB-5 ($500,000 investment in Targeted Employment Area) Visa. Listed by Tsungchih Lin, Centermac Realty, Inc..

Area
AREA: KREA - Koreatown
COUNTY: LA
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