5 days ago — This Miracle Mile / Mid-Wilshire area restaurant is located on one of the major thoroughfares of Los Angeles, near the upcoming Metro station on Purple Line. It has been a highly popular breakfast and brunch place for 15 years. The venue is fully equipped; 8 foot hood, 2 large and 2 medium sized refrigerators, an espresso machine and much more. It boasts an outdoor patio and a spacious interior, with a second floor office and onsite parking in a rear lot.
This 950 square foot restaurant leases for $5,000 a month on a lease that expires in April 2020 with one 5 year option. All of the business’s furniture, fixture, equipment and goodwill will be included in the sale.
Competition certainly exists in this popular corridor, however, this location has been a customer favorite for 15 years. In that time they have amassed a client following and location recognition as a solid venue for daytime fare.
This established venue may be an ideal choice for a knowledgeable operator to capitalize on given its location, reputation and historical client base, attractive rent, and client base comprised of a multitude of nearby offices and businesses, new apartment buildings as well as the Metro station in the near future.
Training: 2 Weeks at 20 hrs/wk
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