SMART KITCHENS IN THE HEART OF LA’S WESTSIDE · 2019. 4. 8. · 11419 Santa Monica Blvd, West LA...
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11419 Santa Monica Blvd, West LA SMART KITCHENS IN THE HEART OF LA’S WESTSIDE THE CONSUMER LANDSCAPE Consumer preferences are changing rapidly › By 2022, off-premises dining sales is expected to grow to $70b. › Mobile Food Service employment grew by 155% between 2008 - 2017. › A recent Gallup poll showed that 85% of US adults order food for either delivery or takeout a few times per month. › Delivery & takeout make up about 50% of a modern restaurant’s sales. WHY COLONY Colony is reinventing restaurant retail. Self-contained, customizable, smart kitchens powering the new customer retail experience. THE CONCEPT › Turn-key & fully customizable kitchens (+185 sq. ſt.) › Flexible term length (1-5 years) with minimal upfront costs › Opening July 2019 › Labor Cost is about 25% of a typical restaurant location › Average projected revenue of over $1,500 per RSF Turnkey restaurant solution for delivery, takeout and catering
Transcript of SMART KITCHENS IN THE HEART OF LA’S WESTSIDE · 2019. 4. 8. · 11419 Santa Monica Blvd, West LA...
1 1 4 1 9 S a n t a M o n i c a B l v d , W e s t L A
S M A R T K I T C H E N S I N T H E H E A R T O F L A ’ S W E S T S I D E
THE CONSUMER LANDSCAPE Consumer preferences are changing rapidly
› By 2022, off-premises dining sales is expected to grow to $70b.
› Mobile Food Service employment grew by 155% between 2008 - 2017.
› A recent Gallup poll showed that 85% of US adults order food for either delivery or takeout a few times per month.
› Delivery & takeout make up about 50% of a modern restaurant’s sales.
WHY COLONYColony is reinventing restaurant
retail. Self-contained,
customizable, smart kitchens
powering the new customer
retail experience.
THE CONCEPT › Turn-key & fully customizable kitchens (+185 sq. ft.)
› Flexible term length (1-5 years) with minimal upfront costs
› Opening July 2019
› Labor Cost is about 25% of a typical restaurant location
› Average projected revenue of over $1,500 per RSF
Turnkey restaurant solution for delivery, takeout and catering
UCLA
WESTWOODOFFICECORRIDOR
CENTURY CITYOFFICECORRIDOR
SEPULVEDAOFFICECORRIDOR
OLYMPICOFFICECORRIDOR
10 min WALK
13,937 POPULATION 9,514 EMPLOYEES
$4,517 AVG. ANNUAL DINING OUT
0.5 MILES
273,669 POPULATION292,812 EMPLOYEES$5,882 AVG. ANNUAL DINING OUT10 min DRIVE
3 MILES
J O H N L A N E Lic. 01894667 +1 310 363 4947 [email protected]
D A V I D F R E I T A GLic. 01908952+1 310 550 2690 [email protected] CBRE, Inc. | Lic. 0040998
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.
LOCATION HIGHLIGHTS › Located in the heart of West LA
› 51 luxury apartments being developed next door (11407 SMBlvd)
› Easy access to I-10 and I-405
› Drive-Thru window for faster deliveries
› Modern Lobby for Pick-Up and Dine-In customers
› Customer Parking
› Loading Door for supply deliveries
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