San Fernando Valley Restaurants For Sale
Gourmet Burger Franchise Restaurant with Beer and Wine
Available
Profitable Gourmet BURGER Restaurant with Beer and Wine located in a densely populated area of the San Fernando Valley.
With sale over $1.6 Million in 2023 this restaurant is a money maker with an adjusted net income from the business of just under $140,000 for the year.
This restaurant was purchased in 2021 for a family member who has since sought out another career path and has left the business to be run completely by hired help with very little owner supervision. The Owner has other businesses and had no desire or the time to run a restaurant but has found himself owning one. Because of the lack of management the Owner has over staffed the restaurant where an owner operator can streamline the operation and send more dollars to the bottom line.
This also leaves a Very Big UPSIDE for someone with the experience and the love of the business to come in and see growth from day one. It has a good staff of employees that just need direction, some accountability and motivation.
This is a Franchise so Buyer will need to satisfy the franchise requirements as well as being a highly desired location the landlord will be looking for a financially solid buyer. Buyers will need to show credit worthiness and the experience needed to be pre-qualified before any financial information or the name and address can be revealed.
Franchise Offering states that to open a franchise would cost from $750,000 to over $1,900,000 plus you have MONTHS of getting building permits, construction, ABC License requirements, ETC to deal with, but because the Seller is wanting a fast deal he has priced this business below market price SO what he sees as his burden is Your Blessing!
To get started sign the online NDA by clicking on the listing ad and then contact me so I can get you what is needed to get pre-qualified and lets see if this is not the business opportunity you have been looking for.
We believe that this business will qualify for SBA Financing if Buyer can satisfy the requirements of the loan.
I can be contacted at 818 519 2748 call OR TEXT and I will get back to you.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Financials
Operations
Fri-Sat 11AM - 9:30PM
Facilities
Highlights
- PROFITABLE Business
- Great Location on BUSY Street
- Outdoor eating area
- Great Yelp reviews
- Lots of Parking in area that has limited parking
- Long History of operation
- 22 FT Kitchen Hooded Area
Financing
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.