San Fernando Valley Restaurants For Sale
4.5 STAR YELP REVIEWED ITALIAN DELI AND MARKET
REDUCED TO AN INSANE PRICE!!! TURN KEY FOR AN OWNER OPERATOR OR FAMILY BUSINESS
Family owned and operated Italian deli and grocery with beer and wine license, in prime Woodland Hills and surrounded by popular and successful neighbors. Currently 7.5 years remain on the current lease, however, favorable lease terms are negotiable and a current landlord approved concession of $2500 per month (Ventura Blvd for $1.62 PSF) committed to a qualified new owner.
The store is centered in a tremendous demographic with the Warner Center business district only 1 mile to the North, numerous office buildings within walking distance and surrounded the valleys largest residential demographic footprint.
Business has increased slightly above same period 2010 due to increased traffic and an expansion into the catering business. Owners have grown the business entirely through word of mouth and feel tremendous gains may be realized through additional marketing channels or a perfect location for launch of a new concept.
TURN KEY:
Close escrow and take the keys. All equipment necessary to operate the business is included with ample refrigeration to expand the grocery portion of the business.
Seller wishes to concentrate more time on his other business.
NO REASON TO LOOK FURTHER!!
ACTUAL YELP REVIEW BELOW
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Sunday 11:00 to 3:30 optional closing day
Facilities
Highlights
- 4.5 STAR YELP RATING
- PRIME VENTURA BLVD LOCATION
- FAVORABLE LEASE TERMS
- GREAT OWNER OPERATOR OR FAMILY BUSINESS
- BEER AND WINE
- HIGH TRAFFICEAND HIGH VISIBILITY
- SALES UP OVER PRIOR YEARS
- BOTH A FULL SERVICE DELI AND SPECIALITY MARKET
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 25,379 | 99,037 | 311,356 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,409 | 35,804 | 107,806 |
| 2010 Persons Per Household | 2.47 | 2.56 | 2.76 |
| Median House Value | $646,400 | $525,722 | $527,552 |
| Income Per Household | $91,100 | $73,717 | $71,361 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,872 | 4,971 | 11,273 |
| 2012 Number Of Employees | 27,614 | 141,170 | 235,842 |
| 2012 Total Annual Payroll | $592,128,000 | $3,948,711,000 | $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.
#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