Poke (W. Los Angeles) $200,000

Asset Sale
• Size: 650 SF; Approximately $6,500 rent per month, Triple Net $500 per month.
• This is Cash Cow Business for a hardworking chef. Currently, there is no other Poke Restaurant at
Sawtelle.

• Tax return shows gross sale of approximately $800,000 per year and net income of $250,000.
• Gross sale is $1 million according to seller.
• Seller works at the restaurant and has a salary of $75,000, his wife does not work but has a salary of
$50,000.
• It has a full kitchen with 4’ hood. Equipment are in all mint condition.
• Trade name is not included in the sale.
• Lease term 1 year + 5 + 5 + 5. New lease is available
• Buyer shall pay 3 percent of purchase price as broker commission.

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