Owner resigns to sell restaurant in Los Angeles.
The owner of a small family-operated restaurant in the downtown Los Angeles area was forced to take over the management of the restaurant when her husband passed away unexpectedly a few years ago. She was able to keep the restaurant up and running with strong Yelp reviews, however, a health scare has recently prompted her to revisit her time commitment to the restaurant. She was referred to The Innate Group by an escrow company and a commercial agent based in Los Angeles.
The Innate Group discreetly listed the restaurant for sale across several platforms at a premium asking price. A few offers were entertained, but the final buyer paid 93 percent of the list price within a month of the listing. The seller was provided frequent updates and kept apprised of all developments in the escrow process.