Great location in very high traffic beach area for shopping center.
Huge draws to the center and area from big name National Franchise neighbors.
The beach is minutes away, located just off the 5 freeway this area has some of the highest traffic count streets in the city.
Long established and very popular corner location cheese steak concept, locals and tourists both love the menu here.
Only the best ingredients go into this fan favorite concept.
The owner stated sales for past five years have been in the 550-600k range.
Monthly expenses range from 29-31k leaving the remaining for owner profit.
The seller states 8-9k net monthly income.
Great opportunity to bring a working full-time ownership team in and really drive sales and bottom line profits up.
Restaurant space is approximately 1800 square feet with a nice outdoor seating area as well.
Base rent is 4224 plus CAM of approximately 1621, all in rent is approximately 5900/month.
Current lease term expires May 2026 with options available.
Come by today to sample their outstanding product and see if this successful business is the beach area location you have been looking for.
|2014 Total Population||41,646||123,353|
|2010 Number Of Households||15,218||45,993|
|2010 Persons Per Household||2.63||2.58|
|Median House Value||$426,200||$443,392|
|Income Per Household||$49,534||$59,088|
|2009 Number Of Businesses||1,197||4,228|
|2012 Number Of Employees||26,274||140,990|
|2012 Total Annual Payroll||$356,990,000||$3,435,573,000|
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