VOTED BEST OF LOS ANGELES MEDITERRANEAN RESTAURANT IN PRIME HISTORIC JEWELRY DISTRICT!!!
These opportunities don't come often and rarely last very long. Opening in 2001 and purchased by seller in 2006 with aspirations of franchising the concept. Tremendous time and energy has been expended in its development from front of the house experience and presentation to continuing menu revision and enhancement to create their award winning offerings. However, they have decided to curtail the expansion until economic conditions are more favorable and are continuing their jewelry import business in the meantime.
Sellers will provide extensive training to franchise standards and would like to use buyers unit as their future franchise success story and model store. The operation has been run almost exclusively by family members to develop the standards and will remain for a limited duration until replacement help is hired or new owners are trained to current standards---a perfect owner operator opportunity. Seller states that beer and wine may also be possible.
The Downtown Historic district if expanding in both retail and housing with the jewelry mart area becoming the "Loft Mart" area. Several restaurants have opened in this area to tremendous success due to the increase in housing density resulting in increased night time traffic. Seller has chosen not to remain open at night but states that additional business is passing by their door each evening walking to theater or window shopping after a night at Staple center or LA Live, both are less than 1 mile away.
Seller says if you have the experience to operate and expand this location, he is willing to entertain reasonable offers and provide some owner assisted financing.
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