Downtown LA Restaurant Space with Beer & Wine License Available

The restaurant space is located in Downtown LA on the Chinatown border on a very busy street. Included in the sale is a transferable Type 41 Liquor License, all fixtures and equipment worth approximately $50,000. The space is 1,620 square feet (the kitchen/ service counter area consists of 580 square feet and dining space consists of 1,040 square feet) total with an option for an additional 1,238 square feet. The owners are currently offering a restaurant space next door that has the potential to be combined with this one to create a total of 2,858 square feet. There is currently seating for 32 and an additional 18 can be added. The current lease is $2.95 per square foot ($4,779/month total) and .40 square feet CAM as well as $50/month parking structure fee. There is plenty of customer parking available on the second level in the parking garage. This location is ideal for fast-casual dining to take advantage of busy lunches for corporate DTLA as well as evening, serving the areas numerous apartment complexes nearby.

The restaurant is located in a very busy area of Los Angeles. The space is 1,620sf plus kitchen/ service counter area of 580sf. The dining space consists of 1040sf. There is currently seating for 32. The lease is $2.95 per sf ($4,779/month total) and .40 sf CAM as well as $50/month parking structure fee. The lease term is through November 2017, with 2- three year option periods. There is plenty of customer parking available on the second level in the parking garage. The owners are currently offering a restaurant space next door that can be combined with this one.

Business Broker Los Angeles

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