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#5259
San Fernando Valley Restaurants For Sale

San Fernando Valley Bagel Shop

$160,000
San Fernando Valley Bagel Shop
This Listing is Expired

Click Here to Visit This Store

LOCATED IN POPULAR DESTINATION PLAZA!

TOP-OF-THE-LINE EQUIPMENT ALLOWS FOR OPPORTUNITY TO BRING FRESH, WHOLESALE BAKED GOODS TO MARKET!

This Restaurant/Bakery is located in a plaza with heavy traffic from many local and national retailers in the *immediate* vicinity. There is also a Movie Theater just across the parking lot as well as a Major National GYM. Currently, the business benefits from strong sales during the short hours they're open each day. The Daily Operations are run by a Manager. New owner can increase profits by turning it into an Owner-operated or Family Owned facility and being hands-on in the daily operations to limit excessive labor costs and improve operational controls.

This Restaurant doesn't fall short on style! The walls are adorned with beautiful, warm, and inviting New York City themed murals. Store hours are currently 6 am - 3 pm daily and Closed Mondays. Currently, the bulk of the business is in the Morning hours. There is huge potential to increase lunch traffic by appealing to nearby workers and adding in healthy options for gym-goers. The new owner can also benefit from crafting a dinner menu and extending hours.

This location comes equipped with commercial-grade baking equipment, including:

  • HUGE Rotating-shelf Oven
  • Large Dough Mixer
  • Bagel Boiling Pot
  • And much more!!!

 ALL THE EQUIPMENT IS ONLY 1 YEAR OLD!

This restaurant comes with all the recipes from the current menu INCLUDING the Homemade BAGEL Recipes!  Current sales are ranging in the $30,000s per month range. Currently showing a profit of $3-$4,000 per month according to Owners (these numbers have not been validated by SellingRestaurants and buyer would need to verify). There is plenty of parking for customers and employees. There are 12 seats outside and 36 seats inside, with the majority of customers ordering to go.

The owner originally intended on franchising the concept, but due to a family emergency, he had to sell the business. New owners thought they could run this as a part-time venture, as they all have full time careers, but they are finding they are not able to give the business the attention it needs to grow and expand into other areas. A buyer with vision can complete the Brand Development and look at expansion to other locations once the concept is fully established.

Come see this location for yourself. The opportunity to run a wholesale operation alongside the Restaurant/Bakery is there for the taking! Easy access to the street from the back of the store would make delivering or picking up of wholesale goods a relatively simple process.

The potential between extending store hours, extending customer reach, and bringing down cost means the new owner could see the benefit from this investment relatively quickly.

PLEASE REMEMBER TO KEEP YOUR VISIT CONFIDENTIAL, do NOT talk to employees about business being for sale!!

 

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:
Aug 31, 2022 + 5 yr option
Total Monthly Rent:
$8,000
Security Deposit:
$12,800

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
6AM-3PM Tues - Sun
Closed Monday
Year Established:
2017
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
28
Outdoor Seating:
12
# of Parking Spots:
lots
Inside Sq. Ft.:
1,600
Outside Sq. Ft.:
100

Highlights

  • High Traffic Location
  • Lots of Parking
  • Beautiful Decor with lots of murals
  • Simple Menu
  • Near Movie Theater, Gym and Major Retailers

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 24,717 24,717 150,314
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 8,315 8,327 50,253
2010 Persons Per Household 2.91 2.91 2.78
Median House Value $495,300 $494,586 $468,331
Income Per Household $97,081 $96,941 $69,088
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 649 652 4,616
2012 Number Of Employees 12,280 12,296 151,494
2012 Total Annual Payroll $258,871,000 $259,020,000 $4,153,853,000

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.


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