SellingRestaurants presents this Van Nuys cafe next to massive amounts of government buildings with lots of hungry employees, witnesses, jurors, clerks, etc. And to top that off, it's right on Van Nuys Blvd. where tens of thousands of cars drive-by each day. So if you want a customer base, YOU'VE GOT IT!
Owner willing to Finance 50% or more to approved buyer.
Owners Personal situation forces this price reduction to accommodate a fast transaction. So don't let this slip by, come and check out this restaurant location.
So if you've got the touch to turn this cafe into a great restaurant to service all these people, then you've found a gold mine at a fraction of the price to start a new restaurant.
This fully equipped 50 seat restaurant awaits you. There is 2,000 Sq. Ft. with a small outside patio to attract eyeballs. There is a hood system with all the equipment ready to go.
Continue the concept or change it. This is a great buy any way you cut it. It is open 6 days a week right now.
Just scroll down to the "Sign Confidential Agreement" Button below and register to get the name and address of this restaurant.
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:
expires April 31, 2014 + 5 Yr Option
Total Monthly Rent:
$4,535
Security Deposit:
$11,000
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
4
Hours Open:
7AM - 9PM Mon-Thurs
7AM - 12AM Fri
11AM - 3PM Lunch 6PM - 12AM Sat
Closed Sunday
Highlights
- Quaint Restaurant sits on Busy Street and just steps away from the Van Nuys Govt Building Complex
- Large number of worker and visitors to draw from
- Add Beer and Wine to expand your clientel
- Great for Breakfast, Lunch and Afternoon Snacks
- Owners Personal situalion has reduced this price that can not be passed up!
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
70%
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
40,076 |
284,046 |
633,203 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
14,380 |
97,808 |
219,475 |
2010 Persons Per Household |
2.70 |
2.78 |
2.75 |
Median House Value |
$506,100 |
$475,687 |
$500,587 |
Income Per Household |
$46,420 |
$49,443 |
$57,079 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
871 |
6,544 |
19,376 |
2012 Number Of Employees |
14,206 |
132,724 |
419,260 |
2012 Total Annual Payroll |
$264,974,000 |
$2,591,197,000 |
$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.