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#2221
San Fernando Valley Restaurants For Sale

Mediterranean Restaurant on Ventura Blvd.

$98,000
Mediterranean Restaurant on Ventura Blvd.
This Listing is Expired
Owners just REDUCED PRICE SellingRestaurants says if you've been looking for a prime Ventura Blvd. location, then you must look at this restaurant - Location, Location, Location! This rare Ventura Blvd location is surrounded by merchants, apartments, residential homes and all in a very high density area of the SF Valley. And the icing on the cake is there are many nearby entertainment companies to service. So you'd better move on this space now because it won't last!

You can of course keep the concept, which is a quick serve style Mediterranean restaurant, or you can change it to whatever the landlord approves. Just come with a good plan, good credit and cash to purchase it!

Owner has catered food for the likes of Universal Studios, CBS Lot and other large entertainment businesses. So grab those studios and grow the catering business at this location.

In this 1500 sq ft restaurant there are 26 seats and tables outside to attract those passing-by. There is a large kitchen area with three hood systems to support a strong catering business as well as fill those seats.

So go to the big orange button below "sign confidential agreement" to
begin to explore this opportunity.
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:
expires April 30 2016 + 5 yr option
Total Monthly Rent:
$5,485

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
10:30AM - 10:00PM
7 days
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
26
Outdoor Seating:
4
# of Parking Spots:
36
Inside Sq. Ft.:
1,500
Outside Sq. Ft.:
20

Highlights

  • AAA Location on Ventura Blvd
  • Fully equipped kitchen with 3 hoods, large walk in cooler, walk in freezer, large prep area and all the equipment you need.
  • Desirable Area
  • Nicely Decorated Dinning Area
  • Bring Your Concept or continue to build on current cuisine
  • No Financials Available.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 29,856 225,624 582,067
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,292 104,477 246,477
2010 Persons Per Household 2.01 2.02 2.22
Median House Value $824,000 $739,048 $662,563
Income Per Household $88,579 $68,330 $63,463
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,568 9,659 24,696
2012 Number Of Employees 23,354 175,638 578,472
2012 Total Annual Payroll $636,559,000 $4,284,747,000 $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.


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