San Fernando Valley Restaurants For Sale
Steakhouse Restaurant and Bar With Full Liquor
SellingRestaurants presents this Well Established for over 30 years and Profitable Bar and Steakhouse in a great location.
Owner has another establishment that requires his full time efforts so he has decided it is best to part with this business and allow someone with the time to benefit from what has been built at this establishment.
Friday and Saturdays rock out to the live music or karaoke. Outdoor patio gives guests a place to relax in the cool of the evening. Dart boards are there for the enjoyment of guests This is just a great place to gather and enjoy great food (voted best burgers in town), drink and gathering with friends. 5 Large TV's to watch your favorite teams battle it out as you enjoy the comfort of this place.
Owner is showing profits of $120K + and sales of $700K which can be verified to qualified buyer. Great lease with 4 years left plus 2 - 5 year options available. Buyer must have previous experience in bar and restaurant operations and show financial strength for landlord approval.
To get to see the pictures and get name and address just go to the red tab below "Get more Information", sign the on line NDA and you will see pictures and get address so you can come by and check out this happening place.
a Paramount Restaurant Brokers, inc. Listing
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Fri 12PM - 2AM
Sat 11AM - 2AM
Sun 11AM - 10PM
Facilities
Highlights
- 30+ Years in business!! Profitable Bar and Steakhouse.
- Great location with easy access to freeway
- Full liquor license type 47
- Live Entertainment offered on weekends
- Ad Breakfast or weekend brunch to increase sales
- Nice View from Outdoor Patio
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 45,503 | 78,933 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 12,871 | 22,907 |
| 2010 Persons Per Household | 3.13 | 3.17 |
| Median House Value | $371,100 | $345,032 |
| Income Per Household | $83,484 | $78,082 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 335 | 921 |
| 2012 Number Of Employees | 4,622 | 14,616 |
| 2012 Total Annual Payroll | $73,648,000 | $229,279,000 |
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.