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#3616
San Fernando Valley Restaurants For Sale

SOUL FOOD Restaurant in High Traffic Area

$200,000
SOUL FOOD Restaurant in High Traffic Area
This Listing is Expired

SellingRestaurants Presents a Full Service Soul Food Restaurant as none before and entertainment venue. Delicious home style cooking with a gourmet touch.

Owner has run into a very unfortunate circumstance that lead to the Beer and Wine license to be revoked and causing the restaurant to have to close.

Owner is willing to give recipes and include training to a buyer that might want to continue upon what has begun to be established here.

Restaurant is very nicely decorated with beautiful hard wood floors, marble table tops and dark wood chairs. This all adds to this upscale dinning experience.

If Soul food is not your fortay, you can bring your concept as the decor and ambiance would lend to an easy conversion with minimal cost. Kitchen has plenty of equipment that would handle any type of menu you may desire.

This is a MUST SEE Location!!!

To get more information and pictures go to the Red Button to the left "Get Name and Address" to check out this gem of a restaurant.

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:
Sept. 30, 2016 + 5 yr option
Total Monthly Rent:
$5,624

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hours Open:
CLOSED at present
Hours Were
Monday - Friday 11:30 - 8:30
Saturday and Sunday 10:00 - 8:30
Year Established:
2011
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
lots
Inside Sq. Ft.:
3,700

Highlights

  • Great Location Full Service Dinner House Restaurant
  • Beautiful Decor
  • PA System throughout restaurant
  • 6 Head Tap Beer Dispenser
  • Temperature Controled Wine Cellar
  • Large well equipped Kitchen
  • Stage Area for live performers
  • Security Camera System Through out with private viewing room
  • Beer and Wine License
  • http://soulstationrestaurant.com/index.html

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 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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    Lease:  
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    Annual Revenues:  
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    Annual Adj. Net:  
    $139,942
    Square Feet:  
    2,460
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