The Biz Blog
November 05, 2012 by Shelli Margolin
New BizEx Business For Sale: Established Italian Restaurant-Westside
Shelli Margolin just launched a new listing: https://www.bizex.net/listing/547
Established Italian Restaurant-Westside Asking: $190,000 * Gross: $339,360 * Net: $99,608
Available - turnkey 17 Year old established popular Italian restaurant on the Westside. Currently headed for a very successful year with a steady customer base and fantastic location on a main LA street. Known for it's great Italian menu and reasonable prices.
Facts: * Fantastic Yelp and other reviews * 38 seats * Solid customer following, some for more than 15 years * Proven menu * Parking * Fully equipped * Knowledgeable & friendly staff *19% average food cost *All permits in order
Opportunities: * Advertise - seller doesn't do any * Deliveries - seller doesn't do any * Catering - seller only does passive, when requested * Possibility for patio dining
Seller needs capital for a new concept in a larger location.
Note: 1) $1000 lease transfer fee. 2) No grease trap (grandfathered in city permit)
Interested parties please register at www.bizex.net, then contact Restaurant Broker, Shelli Margolin-Mayer at 310 882-2200 ext 128. https://www.bizex.net/business-broker/shelli-margolin
Shelli Margolin Email: smargolin@bizex.net Office: (310) 882-2200 ext 128 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/shelli-margolin
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