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Great Burger Joint in Simi Valley

Great Burger Joint in Simi Valley
This Listing is Sold
This hamburger franchise sits at the intersection of two major Simi Valley roads just off the 118 freeway. It was newly built from a vanilla shell in 2001 inside a shopping center with plentiful parking. The ordering counter and grill line is bathed in stainless steel. The 1905 square-foot space holds 52 seats inside. Right now two tables sit outside, but the landlord allows up to four tables with 16 chairs. Two full-time employees and 10 part-timers help bring in $29,000 per month in sales which nets the owner about $5,500 per month after his 7% payment to the franchiser. The low rent is only $3,426/mo (about $1.80/sq. ft.) plus $701 NNN which includes water, trash, sewage, A/C maintenance and normal property repairs. The current owner negotiated this incredible deal: the rent will not increase more than 3% every 24 months (that�s much lower than the rate of inflation!). The lease expires in 2010, but there are three 5-year options attached under similar terms. Options negotiable with the landlord. The price for this business is $155,000 with the franchise, but the new owners must be approved by the franchiser. You can run your own hamburger joint in this well maintained, shiny, fun spot for the price of $105,000. Submit the online confidentiality agreement in order to receive this restaurant's name and address. Completing the confidentiality form also entitles you to view additional photos and receive advance notice of new listings in your area so you can digest all the hottest bites first.
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021


Ventura Restaurants For Sale
Lease Term:
2.5 yr + three 5-yr options
Total Monthly Rent:
Security Deposit:


# of Full-Time Employees:
# of Part-Time Employees:
Hours Open:
monday to sunday 10am to 11pm
Year Established:
Hood System Type 1:


Indoor Seating:
Outdoor Seating:
# of Parking Spots:
Inside Sq. Ft.:
Outside Sq. Ft.:


  • Located in popular strip mall with plentiful parking
  • Pleasant Simi Valley location
  • Minutes from the densely populated San Fernando Valley
  • Easy access off 118 freeway
  • Low monthly rent of $3,426/mo. (about $1.80 per square foot) plus NNN
  • Lease won�t increase more than 3% every two years
  • Well known decadent burger franchise
  • New franchises are not being given out, must buy existing one
  • Franchiser will need to approve financials of buyer
  • Restaurant established by current owner 6 years ago
  • Equipment and leasehold improvements have been well taken care of
  • Price is $105K without franchise; $155K with franchise


Will SBA Finance:
Will Seller Lend To Buyer:
This Listing is Sold


Population 3-mi. 5-mi
2014 Total Population 73,818 111,882
Households 3-mi. 5-mi
2010 Number Of Households 23,533 34,640
2010 Persons Per Household 3.07 3.14
Median House Value $442,800 $469,734
Income Per Household $91,686 $93,415
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,823 2,572
2012 Number Of Employees 47,522 65,620
2012 Total Annual Payroll $1,017,357,000 $1,372,012,000

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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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