Rare Opportunity To Own a Long Established & Profitable Business
Opened 1985, this neighborhood Italian restaurant has been home to thousands of customers. Many in the neighborhood have grown up here and they keep coming back for the delicious food, the friendly atmosphere and now they are bringing their kids.
Own a piece of Southern California history and continue the tradition.
The restaurant is large enough to host weddings, corporate events and private parties, your guests are already in place. No need to find these happy customers, like a lot of restaurants. This is a high volume and high profitable restaurant with recipes and staff aleady in place.
The sale includes a 41 License along with authentic recipes and a long book of business.
Owned by two partners-one is retiring. Both want to make sure this restaurant continues with a strong operator. The lucky buyer will need experience with a restaurant this size and a willingness to move this tradition forward while adding their own twist.
Favorable lease ending in 2017. Owners on very good terms with landlord and claim more options should not be an issue.
Sellers not willing to carry, but will include training as part of the sale.
A The Heim Group, Inc. Listing
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 24,646 | 109,886 | 291,446 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 8,376 | 37,951 | 87,902 |
2010 Persons Per Household | 2.94 | 2.87 | 3.19 |
Median House Value | $373,800 | $441,955 | $382,954 |
Income Per Household | $66,880 | $76,620 | $67,231 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 638 | 2,672 | 5,752 |
2012 Number Of Employees | 20,506 | 70,310 | 179,344 |
2012 Total Annual Payroll | $358,147,000 | $1,382,555,000 | $3,481,437,000 |
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