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Primary Industry
C0620 
 RESTAURANTS Category MID-EASTERN OR GREEK REST. BEER & WINE
 Business Description Indian Restaurant with Beer and Wine in LAX Area
 SIC Code  Organizational Form S Corp 
 General Location Inglewood
 Selling Price $99,000 Down Payment $99,000
 Annual Revenues Asset Sale Discretionary EarningsAsset sale
 Seasonal? ND     Can Relocate? ND     Home Based? ND     Absentee Owner? ND     Franchise? ND
 Days and Hours
 of Operation
Mon - Sat: 11am - 9pm, Closed Sun.
 Year Established 
 Years Owned 
  
 
 Hours Owner Works 0
 Owner's Duties 
 Skills Required 
 Training & Cost Training: 2 weeks 
 Non Compete 5 miles for 5 years    

Executive Summary

The facility itself is absolutely stunning, with a complete kitchen, hood, beer & wine. And extremely well equipped with brand new equipment. The current owner found the perfect spot and invested over $250,000. Competitive advantage, the location is outstanding and very busy. Lots of foot traffic, lots of potential to deliver to local houses, apartments, and businesses. This location is surrounded by Northrop Grumun,Boing, Direct TV,Fed EX,UPS, LAX-Cargo, and many, many, more businesses in LAX Airport area in short distance. The restaurant currently is not marketing, does not deliver to the thousands of homes, apartments, and businesses nearby. Potential to increase business, this is the perfect location for a quick service food catering to the high volume foot traffic, delivering to local neighborhoods, businesses, and marketing aggressively to the overall community is a recipe for success. The food is exquisite and the atmosphere is elegant and authentic. This is a complete turn-key business and is priced to sell quickly.The business is currently employee-operated - an owner/operator would increase profits substantially. Motivated seller has prompted this business to be offered at LESS than its asset value..The new owner can  keep this  concept or bring their own concept to this  restaurant. This is an asset sale.  Confidential information provided to qualified buyers.

Lease / Building Information

 Monthly Lease/Rent $3176 + NNN Deposit 
 Expires 11/1/2011 Building Type 
 Terms & Options two 5 year options
 Square Footage / Dim. 1806 Seating 
 Other 

Assets       (Y=Included / N=Not Included / A=Available)

 Accounts Receivable N
 
 Licenses N
 
 Inventory N
 
 Type of License 
 
 L/H Improvements N
 
 Other Assets 
 
 Furniture / Equipment Y
$150,000 
   
 Real Estate  N
 
 Total Assets 
$150,000 
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.