Business Summary:
The Price has been “REDUCED !!”.
This establishment is located on a busy street in a strip mall surrounded by University of Southern California (USC) and its students. The restaurant has a casual atmosphere specializes in home-made Kerala style cuisine traditional of South India. The dining area has been remodeled with new flooring, tables and chairs. Absentee owner operation which will allow the new owner to bring in a new concept (Chinese, Mexican, or any other concept)
Asking Price: Reduced from $275,000 to $125,000
FF&E: $75,000 is included in the asking price
Liquor License: None
Size: 1,450 SqFt
Rent: $1350 /per month, including CAM
Security Deposit: $2700
Sales: $360,000 in 2010, $317,000 in 2011
Net Profit: $60,000 in 2010, $87,000 in 2011
If you are looking for a profitable restaurant, this is it!
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