Square Feet: 5,600
Sales Price: $149,000
This chic, urban-style restaurant has what all restauranteurs want – terrific food, terrific atmosphere, terrific service and profitable in a prime DTLA location! Artisan-crafted burgers, sides, and a one-of-a-kind lobster menu! The artisan menu is meticulously prepared, using the finest ingredients and innovative food combinations. 464 also comes with a full liquor license.
Located in the DTLA business district and walking distance from Crypto.com arena, this business has a very large 3rd party “to go” business (Uber Eats, doordash, GrubHub, postmates, etc.) with a large local customer base. Incredible upside as current ownership is no longer open for lunch – there are 222,000 daytime employees within a 2-mile radius. The restaurant has an excellent dinner business and a strong late-night customer base.
The location provides endless potential for growth and ensures continued success. This business has an impressive sales trajectory, with consistent year-over-year growth, and survived during the COVID crisis. A new owner is stepping into a profitable venture and also into its potential for further expansion and increased profitability.
