Ventura Restaurants For Sale
San Fernando Valley Restaurants For Sale
RENT BELOW MARKET:Turn-Key Italian QSR in Westlake w/Beer & Wine
You Want to Visit This Restaurant? Then Simply Select the Button to Left "Sign NDA" and Visit it, But Be Discrete!
Are you looking to get your Italian pizza concept into Westlake Village where the rents won't kill you? If so, then take a look at this turn-key Italian concept with pizza ovens as well as a brick oven. This facility was open in late summer 2016 and was built from an empty shell and is nearly brand new!
BELOW MARKET RENT: The rents in Westlake have significantly increase in the past few years and this property is about $1 per sq. ft. below market. That's a saving of $1,247 per month or nearly $75,000 over the five year reaming on the lease.
ABOUT THE RESTAURANT: This nearly new store location was spared no expense. It was built from scratch with open kitchen, custom brick oven containing a Baker's Pride Oven at the bottom, sliding shelving in the back of house utilizing every inch of the space, upstairs storage, beautiful restroom, large outside patio ABC approved, all Carrara marble throughout including the tables, dual type 1 and type 2 hood systems for baking as well as fire cooking, a walk-in cooler, reach-in freezer, and prep tables.
This is a beautifully designed quick serve restaurant where you'll be proud to own!
There is a type 41 Beer and Wine License.
ABOUT THE LEASE AND SPACE: There are about 1,325 Sq. Ft. with an all-in rent of $5,900. There is seating for 20+ inside and 16 outside. The patio is ABC approved according to the owner. The lease has about 6 years remaining plus 2 five year options.
ABOUT WESTLAKE VILLAGE: Westlake Village, just minutes from Malibu, is one of the most desirable areas in Ventura county to live with median household income of more than $115,000! It is one of the safest areas in Southern California to live and work...and it is NOT part of the San Fernando Valley!, although part of the city resides on the L.A. county side.
The business is not being sold at this price, rather one is buying a turn-key premium Italian Pizza facility that cost nearly $400,000 to build, and it shows! So please don't ask for financials. Watch the video and the owner discusses the stores revenues.
You need to come into this location with a marketing cap on and turn this space into a $70,000+ a month location in a premium market with limited restaurant spaces available.
Take a look! You will be impressed!
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
San Fernando Valley Restaurants For Sale
Operations
Facilities
Highlights
- Prime Westlake Village Area
- Beer and Wine
- Total Upscale workmanship
- Open Kitchen
- Brick Oven as Well as Bakers Pride
- End Cap Unit
- Very Clean
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 20,664 | 98,772 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 8,374 | 36,760 |
| 2010 Persons Per Household | 2.43 | 2.64 |
| Median House Value | $760,600 | $630,502 |
| Income Per Household | $101,146 | $99,195 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,442 | 4,625 |
| 2012 Number Of Employees | 30,142 | 109,302 |
| 2012 Total Annual Payroll | $1,020,952,000 | $3,118,818,000 |
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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