San Fernando Valley Restaurants For Sale
HEART OF ENCINO PIZZA AND PASTA WITH OUTDOOR SEATING
Sold
PRIME VENTURA BOULEVARD LOCATION WITH EXCELLENT FOOD AND AMBIANCE
Established in 2000 on Hollywood boulevard, this successful venture moved to the San Fernando Valley in late 2010 to continue the legacy. The Hollywood location was voted top pizza several years running and the Encino location uses the same family recipes. The Cafe is located in the heart of the Encino financial district and walking distance from from an affluent high density residential neighborhood.
Extensive work was done to this storefront location inlcuding a hood system, grease trap and extra gas lines for future equipment expansion. East Village (New York) charm is the theme with bright red and white used throughout the interior and the quaint outdoor patio.
Ilness forces sale and the owner is eager to retire and welcomes all reasonable offers.
ELITE RESTAURANT BROKERS, Inc. listing
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Facilities
Highlights
- NEW YORK STYLE PIZZA IN PRIME ENCINO FINANCIAL DISTRICT
- Concept has been in business for over 10 years and 1 year current location
- High traffic , high visisbility on Ventura Blvd.
- Low Low Low $1650 per month rent
- Seller says location approved for Beer and Wine
- All family recipes included
- All equipment new and fully operational
- Seller says to bring all reasonable offers
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 15,044 | 178,304 | 425,973 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 5,552 | 66,726 | 155,365 |
| 2010 Persons Per Household | 2.57 | 2.54 | 2.62 |
| Median House Value | $1,000,000 | $574,800 | $581,272 |
| Income Per Household | $132,520 | $64,598 | $66,527 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 3,128 | 10,340 | 16,648 |
| 2012 Number Of Employees | 52,292 | 185,856 | 307,902 |
| 2012 Total Annual Payroll | $1,651,283,000 | $4,294,967,295 | $4,294,967,295 |
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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.
#6555Gourmet Burger Franchise Restaurant with Beer and WineLease:expires June 30, 2025 plus 2- 5 year optionsAnnual Revenues:$1,683,149Annual Adj. Net:$139,942Square Feet:2,460