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#2293
San Fernando Valley Restaurants For Sale

Cafe Restaurant inside Health Club

$19,500
Cafe Restaurant inside Health Club
This Listing is Expired
This cafe is within a popular Health Club Facility. Present owner has established a nice operation but needs an experienced operator to come in and bring it to the next level.

Operation could be geared to more to the healthy food options and market to the community surrounding the restaurant as there are over 500 apartments right next door and other businesses in immediate area.

The LOW rent also includes your CAM and utilities, making this a very attractive deal! There is a full hood system with the equipment.

Click on the orange "sign confidential agreement" button below to get more information on this opportunity
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
June 30, 2012 + Landlord Will Consider More Years
Total Monthly Rent:
$1,750
Security Deposit:
$1,750

Financials

Last Year's Annual Gross:
$93,154
Last Year's Owner's Cash Flow:
$8,210

Operations

# of Part-Time Employees:
5
Hours Open:
6AM - 9PM Mon - Thur
6AM - 8PM Fri
8AM - 5PM Sat
8AM - 3PM Sun
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
13
Inside Sq. Ft.:
1,029

Highlights

  • Located inside a Health Club with Street Visability for Restaurant
  • Secured operation as it is situated inside the facility
  • Lots of Parking
  • 500+ apartments next door
  • Never marketed to outside patrons
  • Low monthly base rent
  • Fully equipped with hood
  • Health Club has 5000+ members and over 800 per day member usage

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 32,476 85,393
Households 3-mi. 5-mi
2010 Number Of Households 12,772 28,930
2010 Persons Per Household 2.51 2.80
Median House Value $420,700 $469,817
Income Per Household $88,415 $101,171
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,277 2,971
2012 Number Of Employees 109,922 119,562
2012 Total Annual Payroll $2,623,809,000 $2,765,924,000

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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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