Beautiful Restaurant with Beer & Wine License

Amazing opportunity to walk right into a beautifully designed restaurant located on a busy street in the upscale neighborhood of Valencia. This restaurant is currently an Italian Restaurant with a Type 41 Beer and Wine license, but it could be converted to a French, Middle Eastern, Indian or Mediterranean Restaurant. Other possibilities include converting it to Panera and Salads or as a Breakfast/ Lunch Restaurant with Brunch on Sundays to take advantage of the large covered Patio and nearby churches. You�ll save so much money and time by eliminating the high construction costs not to mention the nearly impossible permit process this city puts restaurants through. The price alone is worth the money saved in permits and lost business while waiting for the permits. There is approximately 1976 sq.ft. inside with a custom built front counter and seating for 50. The large, outside patio is covered with seating for another 50 people and provides a great atmosphere for customers to sit, relax and enjoy the California sunshine. Seller owns many restaurants in Northern California and must sell this store immediately. The restaurant is currently not operating, however, the seller states gross sales in 2006 were $563,601. Rent is $5976 with CAM charges of $1720. The lease has about 2 years left on it with a 5 yr. option. The high quality equipment is only a couple of years old and would be a delight for any chef. FF&E�s include: 8� Hood Ansul System w/ Lights, 2-Confectionary Ovens, Walk-in Refrigerator, Grease Trap, Gas Salamander Broiler, Hoshasaki Ice Maker, 3-door Freezer, 12-burner Stove, Master Cool Kitchen Cooling System, Perlic 3 Keg draft Refrigerated remote compressor, Refrigerated Deli Case with a glass top, Refrigerated Pizza Prep Table, Robo Coupe Food Processor, Music System and speakers-inside and outside on the patio, 3-Patio Heaters. The seller doesn�t live in the area and doesn�t have the time to run this restaurant on a day-to-day basis. It is a fantastic opportunity for an owner/operator to convert to your own concept or walk-in to this turn-key operation and build on the foundation.

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	35,912	69,342	101,329
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	10,991	21,027	30,549
2010 Persons Per Household	3.01	3.11	3.08
Median House Value	$380,900	$347,824	$381,168
Income Per Household	$98,112	$85,245	$92,230
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	715	1,301	1,597
2012 Number Of Employees	16,210	26,204	28,822
2012 Total Annual Payroll	$260,605,000	$416,236,000	$458,289,000

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