San Fernando Valley Restaurants For Sale
Great Lease - Restaurant in Tarzana, CA
Sold
So you've been looking for a restaurant in the Valley on Ventura Blvd? Look no further...this is a Great Find! This Beautiful Restaurant is less than 3 yrs old with all equipment new upon opening. Located in a highly desired area on a very busy section of Ventura Blvd in Tarzana, this restaurant has an under-marlet lease of UNDER $1.58 per foot which includes CAM (YES that is ONLY $3,150 a month on Ventura Blvd!). This will afford you the ability to reach a profitable return quickly.
TURN-KEY RESTAURANT
This restaurant is ready to go for many different food concepts. Continue with the current concept or introduce your own. With very little effort you will be up and running in no time. The restaurant is open and has all the permits/licenses required to operate, a fully equipped kitchen, large hood vent and well maintained equipment.
Why take over a closed down restaurant and deal with the Los Angeles County headaches bringing the space current to city/health standards by having to obtain building permits plus the headaches of passing the health department’s critical standards when this restaurant is turn-key as it stands. (Note: Depending on the new food concept additional upgrades may be required. Buyer must get a health inspection prior to closing escrow and there are no guarantees the restaurant will comply with all current standards).
Go to the Orange Button below to get more information and SEE PICTURES for yourself.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Friday 11:30 - Sunset (3 - 5)
Sat CLOSED
Facilities
Highlights
- Located on highly desirable Ventura Blvd in the San Fernando Valley
- Fully Equiped and many high end upgrades
- GREAT LEASE under $1.58 per foot
- Surrounded by Businesses, offices and lots of residential areas
- Exposition Kitchen with all the best equipment and a large hood
- Granite Counter tops, poured epoxy floors in kitchen for easy cleanig and non slip surface
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 30,005 | 73,782 | 374,063 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 11,686 | 29,150 | 129,843 |
| 2010 Persons Per Household | 2.50 | 2.42 | 2.73 |
| Median House Value | $704,700 | $672,251 | $504,237 |
| Income Per Household | $70,759 | $77,796 | $65,815 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,638 | 6,030 | 16,055 |
| 2012 Number Of Employees | 23,414 | 91,662 | 333,892 |
| 2012 Total Annual Payroll | $511,204,000 | $2,525,830,000 | $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.
#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