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#4289
San Fernando Valley Restaurants For Sale
Los Angeles Restaurants For Sale

Profitable Mediterranean Restaurant For Sale in AAA Mall Location!

$100,000
Profitable Mediterranean Restaurant For Sale in AAA Mall Location!
This Listing is Expired

Mediterranean Restaurant with amazing location! This restaurant is in a mall food court! People are drawn to this area daily!

Price Just Reduced $80,000.00!! 

If you are looking for a profitable, fast serve restaurant, then you came to the right place.

As everyone knows a location can make or break a business (LOCATION, LOCATION, LOCATION!!). I have seen many restaurants fail not because of the menu, but because they did not have enough traffic or business to sustain them. This restaurant is in its element. It has people coming in and out of the mall all day long. It is in a prime spot in its center. Holidays are very good to the owner as sales go up as much as 40% in these months.

Some highlights for the restaurant are:

    -The restaurant was established in 2008

    -The owner claims to average $10k per month in profit.  Buyer must not rely on this statement and must perform their own verification of the Seller's statement to Broker. 

    -It has a bathroom with a shower.

    -It is very clean

    -It has a good reputation

    -Good healthy menu choices that dieters are seeking as well 

        -These are just two of the Yelp reviews:

                "...I had the beef luleh kabob, with a side of tabbouleh, falafel, and hummus, and all of it was delicious. The meat is very  juicy                     and fresh, and it was ready in a few quick minutes. Their falafel was also really good."

               "I eat low carb, and I always ask for substitutes for the bread, and rice. The owner, God bless him, was so generous. I got  2                        kinds of salad,... yogurt, all of it delicious, including the chicken kabobs. ... Either way, I eat here nine times out of ten, when I                     am at... and my stomach is very happy here!  Thanks!"

- Rent on this restaurant is  $11,500 per month and the space is a very well laid out 995 sq. feet., but its in a mall with high traffic. 

- Current lease expires in May 31, 2018. We should be able to negotiate an option to add to the terms.

So if you are looking for a profitable restaurant that you would like to take over and run with..., then this is calling for you! 

**The owner is interested in selling fast, so serious enquiries only please.

Get in before the Holidays!!

Please visit our website at SellingRestaurants.com for more information. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Fernando Valley Restaurants For Sale
Los Angeles Restaurants For Sale
Lease Term:
Expires May 31, 2018
Total Monthly Rent:
$11,520
Security Deposit:
$25,000

Operations

Liquor License:
N/A
# of Full-Time Employees:
2
# of Part-Time Employees:
1
# of Family Employees:
1
# of Working Owners:
2
Hours Open:
10:00 AM - 9:00 PM Monday-Saturday
11:00 AM - 7:00 PM Sunday
Year Established:
2008
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
lots
Inside Sq. Ft.:
995
Outside Sq. Ft.:
lots

Highlights

  • Location AAA Mall
  • High Traffic and Visability
  • Lots of Parking
  • Large Dinning Area (serviced by Landlord)
  • Surrounded by many employees needing lunch and dinner
  • Serving Good Healthy Food which attracts dieters as well
  • Mediterranean food

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 28,706 218,298 505,824
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,289 69,376 158,747
2010 Persons Per Household 2.95 3.05 3.06
Median House Value $454,800 $427,425 $414,996
Income Per Household $58,663 $63,756 $62,494
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,416 4,131 11,056
2012 Number Of Employees 32,880 89,766 287,776
2012 Total Annual Payroll $509,728,000 $1,619,913,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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