San Fernando Valley Restaurants For Sale
NEWLY BUILT RESTAURANT ASSET SALE
ABOUT THE RESTAURANT: This restaurant recently started serving the Chatsworth area. But lack of capital has made it a struggle to get the marketing underway. They have great Yelp Reviews, but not marketing money. Currently open very limited hours of 11:30 AM – 3:00 PM Tuesday – Sunday and closed on Mondays owner has been running the place with one helper and himself.
Currently the menu being served is a Persian Style food, with a Buffet being offered at lunch. Buyer could continue the buffet style service or change up the menu. The Kitchen has a 17 1/2 foot hood so there is no limit to your cooking options to add more specialty cooking equipment. Currently they have a Gas large open flame grill, flat grill, burners and oven. There are 3 - 2 door refrigerators and a 2 door freeze and well as refrigerated salad/ food prep unit.
This could be a nice Breakfast place as there is a 24 hour donut shop in center that is very busy in mornings and a place serving fresh breakfast sandwiches and some full breakfast meals could pull in an early crowd.The center also has a 24 hour Laundry that has people there through out the night,again more business to be had.
The restaurant was built new in 2019 with all new equipment, fixtures and furniture (still under warranty). The landlord also put in a New AC Unit and Water Heater. They even have a Dishwashing Machine... not found in many small restaurants. This place has been redone from top to bottom.
The restaurant is very clean and has an inviting atmosphere where guests feel the warm and comfortable environment.
RECIPES & TRAINING: The recipes and training are included in the sales price if buyer wants to keep the current concept and add to it.
LIQUOR: Currently there is NO Liquor License.
LEASE: Expires April 30, 2023 with a 5 yr. options at CMR. All-in monthly rent is $4620 with 1189 Sq. Ft. The lease has a 3% yearly increase so the rent will not get out of hand.
GREAT AREA: The restaurant sits on a Very High Traffic intersection in the Chatsworth area.The area has a high density population being surrounded by apartments on one side and many industrial businesses on the other. The delivery options in the area also give this a big opportunity to an owner that can capitalize on this market.
WHAT YOU'RE BUYING: a turn-Key restaurant. No financials will be given.
Click on the "Sign NDA" tab and get name, address and pictures of this opportunity and see if this might just be the place you've wanted.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Facilities
Highlights
- NEW EQUIPMENT less than 6 monhs used
- Busy Chatsworth Corner
- NEW AC UNIT and WATER HEATER
- Interior redone from Floor to ceiling
- Heavy Populated Area
- Lots of Industrial Businesses across the street
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 0 |
| Households | 5-mi |
| 2010 Number Of Households | 0 |
| 2010 Persons Per Household | |
| Median House Value | $0 |
| Income Per Household | $0 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 0 |
| 2012 Number Of Employees | 0 |
| 2012 Total Annual Payroll | $0 |
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.
#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