Hot Listing

Cole's French Dip

Asking Price$500,000

Cash Flow
$1,756,560

EBITDA$1,756,560

Gross Revenue$5,200,000

Inventory$250,000
Included in asking price
FF&E$200,000
Included in asking price
Cole's French DipSave
Hot Listing

Cole's French Dip


Asking Price$500,000

Cash Flow
$1,756,560

EBITDA$1,756,560

Gross Revenue$5,200,000

Inventory$250,000
Included in asking price
FF&E$200,000
Included in asking price
Business Description
Oldest restaurant in Los Angeles that was established in 1908. After a $1.6 million restoration in 2008, Cole's French Dip was once again revived. This classic restaurant and bar continues with a cool vibe and brand that is well known. This brand can be further expanded with licensing agreements, franchisee, and many other opportunities. Well known for it's longevity, food, and even film credits, this is a unique opportunity to own one of LA's favorite brands. Current operating revenue is profitable with tremendous upside for the right group or operator.
About the Business
Facilities & Assets
Available with Due Diligence
Website
https://www.colesfrenchdip.com/
Market Outlook / Competition
Unique operation with a brand that can be expanded worldwide. Oldest restaurant in Los Angeles, established in 1908.
Opportunities for Growth
This is a concept that can franchised and located in transit locations across the country.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,076
Rent
$10,359.00 per month
About the Sale
Seller Motivation
Sellers are focused on other investments and would like to see Cole's French Dip
Transition Support
Operating support available, subject to terms.
Financing Options
Cash sale, but negotiable
Listing Info
ID
2369302
Listing Views
1938
Attached DocumentsAttachment Disclaimer

620-Coleplan-final.pdf

VarnishFinalPlans.pdf

Cole's DTLA Historic Restaurant Confidentiality Agreement.pdf

Business Location

Contact Seller

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Business Listed by: Derrick Moore

Listing ID: 2369302 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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