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Starting a restaurant in Los Angeles. It’s not as easy as you think – but we can help!
For Sale /M SF /SFLease Type :How to start a restaurant in Los Angeles We get calls everyday from people who would love to break into the Downtown Los Angeles restaurant market.Many people think you can go out and find a space, put in your equipment and furniture, have the health department sign off, and then start making money. If only it were that simple. Unless you are assuming an existing business and changing nothing you will generally have to go through a change of use through building and safety. You have to have your restaurant fully designed and planned and wait for their review before you get to start renovating. Most full service restaurants need to serve alcohol to hit their profit margins which involves a conditional use permit. Both of these are long and complicated processes which involve going in front of local area councils, LAPD, and the department of building and safety. It's no easy feat. You have to be prepared to pay rent on a space for anywhere from 10 to 12 months before you open your doors. We at dtlarealestate.com understand that for many individual owners this is not possible. As we don't believe that the only people in hospitality in downtown should be large corporate entities or millionaire owners, we like to assist potential owners in negotiating the best deal to mitigate these challenges. We can help negotiate periods of free rent or tenant improvements by the property owners to assist you. We also have close relationships with permitting experts that specialize in downtown. We even have a member of our staff who has a decade of experience in the hospitality field. There is no better brokerage in downtown to help you opening a restaurant in Los Angeles! Especially leasing a restaurant in Downtown LA! ,How to start a restaurant in Los Angeles How to start a restaurant in Los Angeles OUR COMMERCIAL LEASE LISTINGS OUR COMMERCIAL SALES LISTINGS
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The Medallion Building – Hidden Ground Floor Retail & Creative Office Space in Downtown LA
For Sale /M SF /SFLease Type :Normally when you hear "Medallion" you think about the apartment building on 4th and Main Street. As many know, there's ground floor retail space on 4th Street, Main Street, and Los Angeles Street; but behind all that are about 200 small commercial spaces! The building was completed circa 2009 and has since then had its residential units fill up quickly. If you're looking to rent/lease ground floor retail in Downtown Los Angeles, it doesn't get any cheaper than this. Some of the units are as low as $700 monthly, for the upstairs units. The building takes up nearly a city block and is located on the border of the Historic Core and Toy District in Downtown. Aside from ground floor, there's several floors available upstairs (or via elevator). This building also has it's own dedicated parking structure so that's a plus compared to a lot of other creative space buildings in Downtown, which are mostly very old and not built in a time where it was common to have dedicated parking space underground or on the roof. The spaces also have central air conditioning, which is awesome! Apparently, commercial tenants get access to the roof-top pool as well, need that confirmed. The spaces run about $2.50psf, more or less. Typically, the bigger the space, the better the price per square foot you get. Come check out these spaces! Call Donegan McCuaig with DTLA Real Estate at (213) 304-4727 now! And visit wwww.dtlarealestate.com for help leasing/renting or buying/selling commercial & industrial real estate space in Downtown LA!