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#3024
San Fernando Valley Restaurants For Sale

Ventura Blvd. Restaurant - Makes Money! Mediterranean Cuisine.

$199,000
Ventura Blvd. Restaurant - Makes Money!  Mediterranean Cuisine.
This Listing is Expired
Presenting a Profitable and Well Established Restaurant in the highly sought after Ventura Blvd. neighborhood. This restaurant makes money and has a great reputation in area. The rent is great at only $3,800 for 1,380 Sq. Ft. with a small outside patio. The owner is relocating and looking for a buyer to continue the success of this Mediterranean restaurant.

Serving Mediterranean Cuisine food prepared in an exhibition kitchen setting where the freshness of the ingredients and smells of the food being prepared can be shared with the dinning guests.

Catering has been a big part of the business catering to both the famous, businesses meetings and local residence.

The Seller claims the monthly sales are $55,000, but the buyer needs to verify this information and not rely upon it but to rely on their own observation of the sales activity when making the purchase. If the sales are at the $55,000 a month level, then this is a great deal!

Click on the big orange button below "Sign Confidential Agreement" to get more information, pictures and location of 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:
2Yrs Landlord will write a new lease
Total Monthly Rent:
$3,800

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
11AM - 10PM
Closed Sunday
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
12
Inside Sq. Ft.:
1,380
Outside Sq. Ft.:
30

Highlights

  • Ventura Blvd Mediterranean Restaurant established 12 years
  • Profitable Restaurant (to be verified with owner)
  • Well equipped and nicely decorated
  • Lots of Parking (which can be a challenge on Ventura Blvd)
  • Good street visability and signage
  • Front patio setting in front of restaurant catches the eye of those passing by
  • High traffic location on Ventura Blvd with a good mix of neighboring tenants

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,005 73,782 374,063
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,686 29,150 129,843
2010 Persons Per Household 2.50 2.42 2.73
Median House Value $704,700 $672,251 $504,237
Income Per Household $70,759 $77,796 $65,815
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,638 6,030 16,055
2012 Number Of Employees 23,414 91,662 333,892
2012 Total Annual Payroll $511,204,000 $2,525,830,000 $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.


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