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#4107
San Fernando Valley Restaurants For Sale
Los Angeles Restaurants For Sale

Heart Valley - Sandwich Shop in High Traffic Location - Beer & Wine

$99,000
Heart Valley - Sandwich Shop in High Traffic Location - Beer & Wine
This Listing is Expired

This Business has been around since 1979 which shows it has a proven concept. It has 40+ reviews on Yelp.com that give it an average review of 4 stars. The food is great and it's reputation follows.

Current business is primarily lunch as they open at 10 and close by 7 Mon-Fri, and 11 - 6 ON SATURDAY(open less hours), and closed on Sundays.  You as a buyer can come in and add breakfast or extend the hours for dinner, and see your profits rise.

The business has beer and wine license. (There has been lots of request for draft beer which is not currently offered, With the large walk in cooler and the way it is situated in the restaurant adding Tap Beer would be quite easy.

They are surrounded by industrial buildings, plus the location is on a very busy and popular street with one of the only LARGE signs right on the street. They do NO ADVERTISING. Everything is word of mouth, or people viewing their large sign in passing. You as the buyer can come in and use grubhub.com or offer your own delivery, then start advertising and pass out some flyers to the local businesses that are all around you, gain a regular clientele with the local business workers by offering Daily Specials or discount (10%) to the local businesses. Since the economy slow down many of the local business owners have changed hands and this great sandwich shop hasn't yet been discovered by many of them so advertising to them could see a rise in sales with little effort. 

Restaurant space is approximately 2200 square ft. with an additional patio space of about 200 sq ft. Total Monthly rent is only $2876 + 70 CAM. Very Low for the area.

The restaurant has a nice open layout, which gives you lots of options to play around with changing the concept into something different like a sports bar. Currently it is a husband/wife team and one employee. A small crew for a small operation YET it is equipped to do large volume.

The current owners are looking to retire and hand over the business to someone ready to jump on the opportunity. You can come in and keep it exactly the same and be happy with the current sales, or come in and add some advertising and expand your hours to increase sales. Another option is to come in and turn it into "the spot"  on game nights. Add draft beer, and a couple more TV's and you will be rockin'. A great place for area workers to relax after work, watch a game and have dinner missing the rush hour traffic.

Seller will train you to operate this business and hand over their sensational recipes. So whether you have years of experience in the restaurant Industry or are brand new this could be your great opportunity.

Come on over and check it out for yourself now. Just go to the tab below "Sign NDA" to get pictures, name and address. Then go by and check out this diamond in the rough and see if this is not Your Opportunity!!

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Fernando Valley Restaurants For Sale
Los Angeles Restaurants For Sale
Lease Term:
Expires March 2015 plus one 5 Year Option
Total Monthly Rent:
$2,876
Security Deposit:
$2,493

Financials

Last Year's Annual Gross:
$171,831

Operations

Liquor License:
41
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
Monday-Friday 10:00am-7:00pm
Saturday 11:00am-6:00pm
Sunday Closed
Year Established:
1979
Hood System Type 1:
Yes

Facilities

Indoor Seating:
65
Outdoor Seating:
12
# of Parking Spots:
4 + street parking
Inside Sq. Ft.:
2,200
Outside Sq. Ft.:
200

Highlights

  • Great possibility for future Sports bar
  • Excellent location On very busy/high traffic street
  • Beer License Included
  • All equipment is owned by restaurant
  • Well equipped kitchen with lots of potential to grow business
  • Giant sign next to the busy street with, also one of the only signs.
  • No advertising by current owners
  • Stores limited hours is not open to its full potential.
  • Been around since 1979

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
25%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 51,939 82,052 262,547
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,532 25,229 86,591
2010 Persons Per Household 3.00 3.03 2.86
Median House Value $442,900 $404,291 $444,862
Income Per Household $58,889 $54,957 $68,168
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 867 1,856 8,427
2012 Number Of Employees 25,642 49,322 262,812
2012 Total Annual Payroll $538,250,000 $890,031,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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