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#1203
Los Angeles Restaurants For Sale

Well Known Donut shop in high traffic area in Canoga Park!!

$129,950
Well Known Donut shop in high traffic area in Canoga Park!!
This Listing is Expired
This Donut shop is located on the corner of a busy strip mall in a high traffic area next to a busy bus stop in Canoga Park. Business was established over 20 years ago. There are 16 seats inside and approx. 1199 square feet with plenty of parking in strip mall. Base rent is only $2997.50 per month. The lease has over two years left and landlord will renew for another five. Owner is retiring from business. This is a great opportunity for a family ran business. Open 7 days a week, 24 hours a day!

Please select one of the bright orange buttons below to get the name and address of this business along with more photos. It requires one to register, which costs nothing. All that is needed is an e-mail address, name, address and phone contact to register. Simple as that!
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
Expires 12/21/2010 + 5 year renewal
Total Monthly Rent:
$3,207
Security Deposit:
$3,494

Financials

Last Year's Annual Gross:
$288,069
Last Year's Owner's Cash Flow:
$42,899

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
7 days a week, 24 hours
Year Established:
1988
Hood System Type 1:
Yes

Facilities

Indoor Seating:
16
# of Parking Spots:
20
Inside Sq. Ft.:
1,199

Highlights

  • Located on the corner of a busy strip mall in a high traffic area.
  • Established over 20 years ago.
  • 16 seats inside.
  • 1199 square feet.
  • Base rent is only $2997.00 per month.
  • Lease has over two years left and landlord will renew for another five.
  • Great opportunity for a family ran business.
  • Open 7 days a week, 24 hours a day.
  • Busy bus stop is located in front of Donut shop.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 46,503 180,015 483,281
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,635 54,477 162,351
2010 Persons Per Household 3.28 3.16 2.83
Median House Value $357,500 $359,517 $468,149
Income Per Household $61,112 $54,387 $64,102
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 452 3,896 14,434
2012 Number Of Employees 6,076 81,206 341,538
2012 Total Annual Payroll $75,579,000 $1,216,407,000 $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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