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#3763
San Fernando Valley Restaurants For Sale

INDIAN RESTAURANT in HIGH TRAFFIC LOCATION W/LOW RENT

$75,000
INDIAN RESTAURANT in HIGH TRAFFIC LOCATION W/LOW RENT
This Listing is Expired

Here it is a growing Business that the owner has spent the past 2+ years building from zero. With a great reputation in the area this restaurant has become a favorite for many. Serving delicious freshly prepared Classic Indian dishes it is truly amazing what is produced in such a small space. Check out the Yelp reviews!! Very Good!!!

The layout of the restaurant is thought out with not one inch of space is wasted, giving the kitchen adequate room for food production and a good sized dining room - I'm an executive chef and know this. Owner was very conscious in designing the seating utilizing two seater tables that can be placed side by side to build out for those larger parties and not to tie up a four seat table with one or two people.

Presently this restaurant is serving Indian Cuisine but would be an easy conversion to any cuisine, so if you are a chef looking for a great start up location this may just foot the bill and the rent won't kill you.

With sales hovering in the $16-$18K per month range owner is able to take home about $5K per month. (These figures were represented by the owner and have not been verified by the Broker and need to be varified by a buyer.)

So come by and enjoy a meal, check the place out and see if this is not the right location for your new venture to begin.

Just go to the button below "Get Name and Address" and get started on your quest.

Paramount Restaurant Brokers, Inc. Listing

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:
May 14 2013 + 3 Yr option
Total Monthly Rent:
$1,450
Security Deposit:
$2,000

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
Mon - Sat
11:00AM - 1:00PM
5:00PM - 10:00PM
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Inside Sq. Ft.:
850

Highlights

  • Busy Center City Location
  • Very Clean and Cozy Restaurant
  • Near Government Buildings and Court Houses
  • Homes, Apartments and Office Buildings surround the location.
  • Kitchen is compact but very functional.
  • Great for start up venture / Owner Operator

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 24,474 245,497 645,408
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,177 88,641 215,814
2010 Persons Per Household 2.63 2.63 2.87
Median House Value $456,400 $545,850 $478,704
Income Per Household $44,570 $58,419 $55,554
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 745 10,711 18,425
2012 Number Of Employees 17,780 206,492 357,868
2012 Total Annual Payroll $366,865,000 $4,294,967,295 $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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