CORP BRIEF
Penthouse Advisors INC., Family Owned Corporation, Represents Restaurant Business Owners, Restaurant Buyers, Commercial Property Owners (landlords) with our highly motivated, “Do It Now” Full Service, Restaurant Expertise, throughout the entire Los Angeles County.
Corporation Protocol
Hidden disclosures found and uncovered through our investigations are conveyed clearly for understanding and mutual agreement before moving forward. We represent all parties fairly, equally, honestly throughout each transaction. We go out of our way to develop workable relationships with the Seller, Buyer, Commercial Property Owner (landlord) or Retail Property Manager.
Restaurant Business Management and Full Service Menu
- Restaurant Alcohol Licensing: Specialists in ABC Alcohol Beverage Control Licensing Restaurants with “Type 41 Beer & Wine, Type 47 Hard Alcohol” in conjunction with Los Angeles County.
- Restaurant Health Department Pre-Inspections: We inspect Restaurants, Open and Closed for Health Dept., non compliance issues with the expenses and time lines to update the Restaurant Kitchen, Prep area, and Restrooms into Health Department Code Compliance for permitting approval prior to making site inspection appointments with the newly assigned inspector to facilitate the ID.
- Restaurants Closed over 90 days or Restaurants in Health Department Violation: Our Hand Drawn Blueprints are prepared to submit to Health Department Plan Check for stamped approval prior to an changes are made. Example. The floor plan, site plan, reflected ceiling plan, elevations of the Hood and cook line, elevations of the prep sink and drain line as required by Health Dept Plan-Check for approval and stamping. Stamped Blueprints must be in place prior to any Gas Equipment is installed under the hood, Restaurant Remodeling or Alterations commences.
- Health Dept., Red Tagged Equipment-Under The Hood: As Fast As Possible, we supply our Hand Drawn Blueprints. as required by Health Dept Plan-Check for approval and stamping followed by setting up a Health Department site inspection appointment to remove the Red Tagged Equipment and to swap the temporary window Sign B with the A.
- Business Brokering: Restaurant Asset Sales (key money negotiation) Restaurant Business Sales (We price, based off the monthly Monthly Gross Sales), Second Generation, fully Equipped Restaurants (we make sure are lease only deals). NOTE The first step with Restaurant Acquisitions Under Lease. Submit the Buyer’s financials to the Property Owner for review and approval that follows into drafting an Assignment, naming the Buyer’s Guarantor to the Assignment. VERY IMPORTANT Prior to Assignment of lease signing, the Buyer must reimburse the Seller with the security deposit held in trust by the Property Owner.
- New Lease arrangements and the Monthly Rent: Our Negotiations include free rent called, “rent abatement” allowances.
- Restaurant Business Dilemmas: We establish customized, quick Resolutions with workable solutions.
- Gas Equipment Installed under the Hood: Our our Licensed, Bonded, General Contractor pulls express permits prior to Gas Equipment installations. (separate agreement).
- Restaurant Repairs, Remodel, Alterations: All construction work is performed by our Licensed GC. All permits are signed off by Building & Safety inspectors as a requirement for Health Department permit issuance. (separate agreement).
- Hood inspections performed by our Licensed Hood Fire Contractor: All stickers to date. Fire Extinguisher tags to date, Silver and Red. Hood Filters, Hood Exhaust Shaft, Cable and Links. Hood Return air motor on Roof. (separate agreement).
Corporation Owners
*Roschard Paticchio Stein CEO, Owner, Business Agent dre #02203003. Restaurant Alcohol Licensing for Public Consumption. Health Department Restaurant Pre-Inspections. Exclusive Listings, Sales, Acquisitions, Leasing Restaurants, Coffee Shops, Bars, Markets, Retail Businesses. Residential Exclusive Listing upon special request.
*Richard Stein COO Supervisor, Business Advisor, Creator, Owner/Partner. Restaurant Alcohol Licensing for Public Consumption. Restaurant Health Department Pre-Inspections. Business Advisor for Restaurant, Coffee Shop, Bar, Market, Retail Business locations, sales, acquisitions, leasing.
* Rosanna Paticchio CFO, Owner, Broker of Record dre #02332697 Reviews & Supervises all Business and Asset Sale, Purchase agreements, Listing Agreements, addendums, assignments. Rosanna Paticchio is in charge of all MIS, Exclusive, Residential Listing agreements, Purchase Agreements and addendums. Rosanna acts as the Corporation, top MLS, Contract Coordinator in preparation for Smooth Escrow closing.