Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#3467
San Fernando Valley Restaurants For Sale

RESTAURANT ASSET SALE

$50,000
RESTAURANT ASSET SALE
This Listing is Expired

Are you looking for a Mexican restaurant location in the heart of the San Fernando Valley with a huge Latin population?  Are you looking to save a lot of money and time by starting a restaurant without having to go through all the permiting and the delays created by the cumbersome permiting process for the city agencies, such as the health, fire and buidling departments, which are full of huge delays these days?  Then you need to look at this restaurant business and get going on establishing your dream restaurant.

This restaurant currently serve Central American cuisine and this makes for an easy transition to other Latin based foods concepts such as Mexican or Cuban. But don't let that stop you from thinking about putting Indian or Mediterranean in this location as well. The location it great as are the demographics for any style of food.  If you've got great food with great service, you'll make a killing here. 

This restaurant is literally on one of the busiest corners in the San Fernando Valley with excellent street signage.  There is plenty of parking as well unlike so many strip centers in the area. 

Add Beer and Wine license and you'll draw on the populaiton that wants a beer with their taco.  There is a huge population of both residence and office/retail in the area to draw on.  You'll do great lunches as well as dinner with the demographics of this area.  

Lease presently has one year left but we will negotiate with landlord to extend the present terms once we show we have a serious and well financed buyer interested in converting this into a winning restaurant.

This is an asset sale, meaning the restaurant doesn't have books to prove any profit.  Buyer must perform their own due diligence on the performance of this business. 

For more information go to Orange Button below to get more photos and details on 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:
New Lease
Total Monthly Rent:
$3,000
Security Deposit:
$12,002

Operations

Liquor License:
no
# of Full-Time Employees:
2
# of Family Employees:
1
Hours Open:
10AM - 10PM 7days
Year Established:
2004
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
lots
Inside Sq. Ft.:
1,314

Highlights

  • One of the Valley's Busiest Corners
  • Parking is NOT an issue here!
  • Kitchen fully equiped and ready to go
  • Good amount of signage
  • Bring your Concept

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 71,353 283,035 590,736
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 18,194 73,717 169,771
2010 Persons Per Household 3.81 3.84 3.43
Median House Value $279,100 $317,270 $361,554
Income Per Household $40,186 $46,518 $47,753
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 700 3,029 9,779
2012 Number Of Employees 24,122 87,442 266,576
2012 Total Annual Payroll $531,757,000 $1,718,927,000 $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.


Terms Of Use     © 2024