SellingRestaurants presents this Italian/Pizza place where we just reduced the price to 79K and seller will entertain carrying a note with down payment. This Italian/Pizza Place is located in a busy shopping center next to a busy grocery store in the Antelope Valley. This restaurant relocated to a larger improved space that owner remodeled, including adding new equipment in November 07. It now has approx 2000 square feet and inside seating for 50. It also has a game room set up for kids and can easily accommodate birthday parties, etc. Owner is currently installing a hot buffet and a salad bar. There is plenty of parking in shopping center. The lease with CAM charges is currently at $3,300 per month. Seller is moving out of the area.
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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 November 2012 + 5 yr Option
Total Monthly Rent:
$3,300
Financials
Last Year's Annual Gross:
$250,000
Operations
# of Full-Time Employees:
3
# of Part-Time Employees:
1
Hours Open:
Monday-Sunday 10:00am-10:00pm
Highlights
- Located in a busy shopping center next to a busy grocery store in the Antelope Valley.
- Restaurant just relocated to a larger space in November 07.
- Approx. 2000 square feet.
- Inside seating for 50.
- Game room set up for kids.
- Owner is currently installing a hot buffet and a salad bar.
- There is plenty of parking in shopping center.
- Lease with CAM charges is currently at $3300 per month and there is 4 years, 10 months left on lease with a five year option.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
42,286 |
Households |
5-mi |
2010 Number Of Households |
14,038 |
2010 Persons Per Household |
2.74 |
Median House Value |
$131,800 |
Income Per Household |
$35,892 |
Businesses |
5-mi |
2009 Number Of Businesses |
1,254 |
2012 Number Of Employees |
45,028 |
2012 Total Annual Payroll |
$844,551,000 |
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.