5253 Paramount Blvd, Lakewood

$400,000

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0 Bed
0 Bath
0 Acre
0 Garage

R-Kitchen was put in operation in 2015. Serving Soul Food to the community local and afar. R-Kitchen has had many celebrities and sports figures visit. With its location close enough to get regular visits from Compton, Carson, Long Beach, and of course Lakewood, where the store is located. Most guest take their food to go. There is small space for in store dining. Sale of business comes with all equipment, standing inventory, 1 to 3 Months of onsite training. Important to understand is owner/operator goes out to local shops to purchase the food served at R-Kitchen, maintaining the consistency of the food served at R-Kitchen. Generating $325,000 Net Income. Please call with questions and if interested, let us know. We are here to assist you in YOUR PURCHASE OF THIS WELL ESTABLISHED RESTAURANT!!!! Monthly Gross $45,000+/-:: Monthly Expenses $18,000+/-.. this does not include Catering Revenue additional $2,000 +/- Month ... Holidays NOV & DEC = $20,000+/- .. store closed on Tuesday. Owner willing to stay on for 90 days to train new owner.. Great Opportunity to Franchise to Cater to a Under Served Market.. SOUL FOOD...Most Orders Come In by Phone for Carry Out.. Grow Business with Delivery Set Up Grub Hub, DoorDash, Uber Eats, Postmates, Etc

Essential Information

MLS® #
PW24042443
Price
$400,000
Bathrooms
0.00
Acres
0.00
Type
Business Opportunity
Status
Active

Community Information

Address
5253 Paramount Blvd
Area
24 - Lakewood Mutuals
City
Lakewood
County
Los Angeles
Zip Code
90712
Senior Community
N

Additional Information

Date Listed
March 2nd, 2024
Days on Market
55

Listing Details

Agent
Tony Desmet
Office
Long Beach Real Estate
Property History
Price Reduced from $600,000 to $400,000

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 4:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.