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Venice/Abbot Kinney Blvd

  • Listing No.: 106-15510

  • Category: Food - Restaurant, Retail

Asking Price $430,000.00
Down Payment $350,000.00
Gross Revenue
Total Adjusted Net Income
Equipment / Fixtures $200,000.00
Year Established 2017
General Location Venice/Abbot Kinney Blvd
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The lease of a retail and restaurant space on LA's most prestigious street is available for you to take over. The fixtures and equipment used in the current food business can be included. The 1,900 sqft space includes a 13.5' hood and walk-in refrigerator and walk-in freezer. The restaurant has a beer & wine license. The status symbol hip Abbot Kinney Blvd. address may be ideal for image-consicous high-concept businesses. Long-term lease secured. This is an asset sale. The current crew will be re-assigned to work at the seller's other businesses. For more information, please contact Satoshi Kanuma at either 714-420-4097 or skanuma@fcbb.com. 

Gross Revenue Listed Price $430,000.00
Total Income Down Payment $350,000.00
Base Rent Square Feet 1900
Total Rent Lease Expiration 9/2027
Rent Deposit Lease Options 2, 5 Year
Inventory Not Included Leasehold Improvements $400,000
Equipment / Fixtures $200,000.00 Other Assets Right to lease assignment
Full-Time Employees Training Period
Part-Time Employees Special License Required
Contract Staff Reason for Selling Concentrate on other locations

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.