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#1536
San Fernando Valley

Los Angeles Restaurants For Sale: Warner Center Area Quick Serve Restaurant Facility Perfect for Mexican, Italian, Ethnic

$99,000
Sold
Los Angeles Restaurants For Sale: Warner Center Area Quick Serve Restaurant Facility Perfect for Mexican, Italian, Ethnic
This Listing is Sold
PRICE REDUCED!!!Only $99K Selling Restaurants presents this restaurant located on one of the West SF Valley's busiest areas, neighbored by major commercial offices, manufacturing, retail chains and every thing in between. If you want a AAA location with lots of foot and drive-by traffic, and AAA neighboring restaurants, then this is your restaurant. The kitchen is beautifully equipped and professionally finished like a first class franchise. Bring your own concept into this location. Mexican, Italian, Ethnic would work well here. This current restaurant has been operating for nearly 4 years, but the owner is looking to retire and is lacking the energy and motivation to take the restaurant business and concept to next level.

Go to the big orange button below and complete the Confidential Agreement and you will get Address, Details and Photos of this Restaurant. Remember when visiting Do NOT talk to anyone working about the sale of business. Thanks!This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Fernando Valley
Lease Term:
July 14, 2009 + 5 Yr Option
Total Monthly Rent:
$4,400
Security Deposit:
$6,000

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
11AM - 9PM Mon-Sat
Closed Sunday
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
# of Parking Spots:
30
Inside Sq. Ft.:
1050

Highlights

  • PRICE REDUCED!!! Great Location, Well Equipped and Beautiful Decor
  • This Restaurant sits on a Busy Major Street
  • Very nice neighborhood, near High School and Warner Center.
  • Good Signage and Visability from street
  • Owner motivated to sell as he is looking to retire
  • Reply fast as option period is coming and now is a good time to review lease with owner before option is initiated.
  • Presently serving Rotisserie Chicken, Wraps and Middle Eastern Favorites
  • Other concepts OK except Chinese, Burgers or Subs
  • Perfect for Mexican or Ethnic

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,113 197,479 355,600
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,697 65,971 118,116
2010 Persons Per Household 3.08 2.82 2.88
Median House Value $330,900 $470,199 $467,389
Income Per Household $47,484 $67,396 $66,010
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 989 6,290 11,030
2012 Number Of Employees 23,680 172,888 260,032
2012 Total Annual Payroll $351,781,000 $4,294,967,295 $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, foreward 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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