San Fernando Valley Restaurants For Sale
HIGHLY PROFITABLE LANDMARK FRENCH RESTAURANT FOR SALE
YOU MUST MAKE APPOINTMENT WITH AGENT TO VIEW THIS PROPERTY.
There are a mere handful of “Trophy” restaurants in the Valley and this one is truly First Place and First Class all the way. I grew up in the Valley and have many fond memories dining here with my parents in the past and with my own children in present day. Astonishingly, quality of food and service has never changed , been compromised, nor been better than they are today.
Nestled in a quiet area of the Valley and slightly off the main artery , you are quickly taken back in time, with the feeling of a French Country Inn and Hunting Lodge. There are 60 seats in the main dining room and outdoor seating for another 6 to 8 comfortably. White table cloth service, old woods, French fabrics, marble and beautiful antiques transport you to your favorite European destination for a fraction of airfare alone.
A type 47 license is used in the service bar , which can be expanded to a full service bar with the removal of only one booth. The bar area is toward the back of the restaurant and its expansion would be an instant success with the local trade and surely lead to a sharp increase in revenue. The wine list is expansive with liquor and wine accounting for approximately 20% of sales.
I have visted , and owned, many restaurants in my time and this is one of the cleanest and best maintained that I have ever had the pleasure to visit which reflects the pride of ownership and commitment to quality, of the proprietors. What can I say? This is a turn key profitable No Brainer for a sophisticated owner that wants to carrier on the legacy of a Valley institution and make money while doing it. Good six figure profit and more to be had with a little elbow grease and innovation.
Another ELITE RESTAURANT BROKERS
Lease
Financials
Operations
5:30pm to 10:00pm Friday and Saturday
Facilities
Highlights
- VALLEY LANDMARK AND TROPHY RESTAURANT
- HIGHLY PROFITABLE
- BEST LOCATION IN THE VALLEY
- 40 YEARS OF SUSTAINED INCOME AND PROFITS
- ROOM FOR REVENUE AND PROFIT GROWTH
- UNBELIEVABLE BELOW MARKET RENT $3200 !!!!!!!
- ZAGAT RATED
- OWNER READY TO RETIRE
- MOST BEAUTIFUL INTERIOR IN THE VALLEY
- QUAINT OUTDOOR SEATING
- LARGE AND EFFICIENT KITCHEN WITH EXCELLENT EQUIPMENT
- TURN KEY
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 |
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Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.