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#3497
San Fernando Valley Restaurants For Sale

PROFITABLE UPSCALE BBQ WITH HUGE OUTDOOR PATIO

$175,000
PROFITABLE UPSCALE BBQ WITH HUGE OUTDOOR PATIO
This Listing is Expired

PROFITABLE, HUGE OUTDOOR PATIO, FULL LIQOUR IN THE HEART OF AGOURA!!!! 

This 7 year old iconic landmark is up for sale and surely will not be on the market for long.   Approx. 2500 throughtfully decorated interior, full type 47 liquor license and one of the areas largest out door dining areas make this a perfect location to continue the current concept or to bring your own.

This is adjacent to Agoura's "restaurant row" and several entertainment venues, supporting a very  young and active area demographic.   Malibu beach is less than 18 minutes to the South, Calabasas within 5 minnutes and Westlake Village 8 minutes.

The owner is selling to launch a new  multi-unit fast casual concept and will provide all support necessary to ensure a successor owners success.

2009 sales exceeded $600,000 with excellent profits and tremendous room for growth.

Another listing brought to you by ELITE RESTAURANT BROKERS INC.

Broker/Lawyer Laurent O'Shea

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
Expiration August 2016
Total Monthly Rent:
$5,685
Security Deposit:
$8,000

Financials

Last Year's Annual Gross:
$753,889
Last Year's Owner's Cash Flow:
$120,000
Last Year's Food Cost %:
30
Last Year's Payroll Cost %:
19
EBITDA:
$120,000

Operations

Liquor License:
47
# of Full-Time Employees:
13
# of Family Employees:
2
Hours Open:
Sun-thurs 11:30am to 9:00pm
Friday and Saturday 11:30 to 10:00pm
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
85
Outdoor Seating:
50
# of Parking Spots:
14
Inside Sq. Ft.:
2,500
Outside Sq. Ft.:
1000

Highlights

  • ALMOST A MILLION DOLLAR ANNUAL GROSS
  • HIGHLY PROFITABLE
  • FULL TYPE 47 LIQOUR LICENSE
  • 1000 SQ FT BEAUTIFUL PATIO WITH LARGE OAK TREES
  • 101 FREEWAY VISIBILITY
  • AWARD WINNING FOOD
  • SUBSTANTIAL CATERING BUSINESS
  • PRIME AGOURA RESTAURANT ROW LOCATION
  • EASY FREEWAY ACCESS
  • YOUNG AND ACTIVE AREA DEMOGRAPHIC

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%

Demographics

Population 3-mi. 5-mi
2014 Total Population 26,280 77,415
Households 3-mi. 5-mi
2010 Number Of Households 9,208 27,929
2010 Persons Per Household 2.76 2.69
Median House Value $680,600 $648,401
Income Per Household $109,675 $110,691
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,326 3,352
2012 Number Of Employees 31,556 74,780
2012 Total Annual Payroll $950,452,000 $2,320,373,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.


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