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#1242
Los Angeles Restaurants For Sale

SouthWest Cafe in Burbank near Studios

$299,000
 SouthWest Cafe in Burbank near Studios
This Listing is Expired
Healthy Tex Mex Restaurant established 14 years. In Burbank shopping center near Studios. Has served many celebrities over the years and has favored reputation with the local community.Food prepared fresh daily.This is a must see.
Take the next step and select one of the orange button below to get the name and address of the restaurant and to view more pictures.
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
expires Jan 31, 2013
Total Monthly Rent:
$5,693

Financials

Last Year's Annual Gross:
$358,000
Last Year's Owner's Cash Flow:
$90,000

Operations

Liquor License:
41
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
11:00AM-9:00PM Weekdays
9:00AM-9:00PM Saturday and Sunday
Year Established:
1994
Hood System Type 1:
Yes

Facilities

Indoor Seating:
64
Outdoor Seating:
8
Inside Sq. Ft.:
1,950
Outside Sq. Ft.:
50+/-

Highlights

  • Tex Mex Cafe in Burbank
  • Established 1994
  • Well Known in Community
  • Located near Studios (visited by many celebrities over years)
  • Beer and Wine License
  • Plenty of Parking
  • Restaurant seats 64 inside
  • Patio seats 8 ( room for 5 more 2 seat tables which could be added)
  • Owners looking to relocate

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,981 216,709 539,496
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,180 83,301 203,458
2010 Persons Per Household 2.33 2.46 2.53
Median House Value $530,600 $497,145 $574,975
Income Per Household $77,378 $59,235 $57,633
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,690 6,717 15,577
2012 Number Of Employees 69,308 193,068 394,820
2012 Total Annual Payroll $1,918,702,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

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