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#3447
San Fernando Valley Restaurants For Sale

GIANT OUTDOOR PATIO SEATING ON VENTURA BLVD.

$49,000
GIANT OUTDOOR PATIO SEATING ON VENTURA BLVD.
This Listing is Expired

I LOVE VENTURA BOULEVARD !!!!!.... and so do most Valley residents especially when there is outdoor dining.

Prime location on the edges of Tarzana, Woodland Hills border across from Coffee Bean and Tea leaf,  the new Pavillions and next to several successful restaurants.   This is second location of a very sucessful Venice restaurant which was opened with the intention of being operated by a family member, however the family member must now remain in his Nepal and has put this location up for sale.  They would otherwise continue to expand on their current success.

Comprised of total of approximately 2200 feet, there is a main dining room  with a front patio which opens to Ventura blvd. (currently closed in by prior tenant but easily removed) additional out-door awning covered space of approximately 250 ft and a seperate banquet room of approx. 500 sq feet.   Excellent parking is always important and Ventura Boulevard frontage---priceless.

The kitchen is a commercial chefs paradise, with full cooking line, large hood, adjacent prep area, cold and hot tables in the correct positions and dry storage right there providing a good flow for any type of cooking.  

The sale does not include the trade name or recipes and is intended for a new operator to bring in a new concept or keep Indian Cuisine with your own trade name and recipes. 

*  Currently no beeer and wine

This is turn key !!!!

Brought to you by:  ELITE RESTAURANT BROKERS 

Broker/Lawyer Laurent O'Shea

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
expires July 31, 2015 + 5 year option
Total Monthly Rent:
$4,790
Security Deposit:
$4,650

Operations

# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
4
Hours Open:
11 to 3pm closed 3 to 5 and re open 5 pm to 10 pm closed on Monday
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
119
Outdoor Seating:
30
Inside Sq. Ft.:
2,200
Outside Sq. Ft.:
250

Highlights

  • PRICED TO SELL FAST!!! THIS TRULY WONT LAST AT THIS PRICE
  • VENTURA BLVD WITH FRONT AND SIDE PATIOS
  • PRIME TARZANA/WOODLAND HILLS BORDER NEXT TO A TENANTS
  • PERFECT KITCHEN FOR ANY CONCEPT
  • SEPERATE BANQUET / PRIVATE MEETING ROOM WITH FLAT SCREEN
  • FULLY FIXTURED AND TURN KEY
  • LONG TERM LEASE WITH OPTIONS
  • PLENTIFUL PARKING
  • VERY FEW OUTDOOR DINING SPACES ON VENTURA

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,379 99,037 311,356
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,409 35,804 107,806
2010 Persons Per Household 2.47 2.56 2.76
Median House Value $646,400 $525,722 $527,552
Income Per Household $91,100 $73,717 $71,361
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,872 4,971 11,273
2012 Number Of Employees 27,614 141,170 235,842
2012 Total Annual Payroll $592,128,000 $3,948,711,000 $4,294,967,295

click for more demographic info

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.

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    Lease:  
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    Annual Revenues:  
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    Annual Adj. Net:  
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    Square Feet:  
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