Pizza Venue w/Street Visibility on Major Throughway
Business Description
This Hancock Park / Koreatown area pizza venue boasts a highly visible storefront on a major throughway that makes it an ideal location for delivery services or for catering, given its convenient access to both of these major marketplaces. The fully outfitted kitchen may be ideal for any number of alternate concepts. The facility has onsite parking spaces for staff or customers, with walk-traffic and plentiful street parking.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- This 1,000 square foot facility leases for $3.5k per month on a lease until 12/2029. The kitchen equipment includes a double deck Baker’s Pride pizza oven, a 6 by 8 foot North Star freezer and a 6 x 10 foot walk-in North Star cooler, an industrial mixer, a Wolf oven with a burner stove, American Range fryer, a 5 foot Polar sandwich refrigerator, salad and additional food preparation tables, 3 bucket sink and much more. All of the business’s furniture, fixtures, equipment and goodwill will be included.
- Market Outlook / Competition
- Los Angeles is a highly competitive market for pizza take-out and delivery, as well as the additional comfort-oriented fare this concept offers. With that said, this venue’s location’s convenient to the high discretionary income Hancock Park area, coupled with its proximity to a number of Wilshire and the adjacent area businesses, high rises, schools, churches and other organizations provide it a large number of potential clients for delivery and take-out or dine-in orders, thus providing it a distinct advantage over many competitors.
- Opportunities for Growth
- New operators will want to capitalize on the venue’s spacious, take-out oriented kitchen to capitalize on the take-out, delivery and catering markets, while also offering patrons an onsite dining option. With a similar concept, they may be able to leverage the venue’s customer base to add complementary offerings or simply capitalize on the versatile space to implement any food, delivery or catering related concepts - landlord, planning and building & safety zoning permitting.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Personal
Listing Info
- ID
- 2401796
- Listing Views
- 120
Listing ID: 2401796 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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