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#3955
San Fernando Valley Restaurants For Sale

Prime Ventura Blvd Location Dogs and Burger Restaurant

$149,000
Prime Ventura Blvd Location Dogs and Burger Restaurant
This Listing is Expired

Located along a prime strip on Ventura Blvd a truly taste tantalizing scrumptious gourmet Hot Dog and Burger Restaurant. Nice corner location with great street visibility. This is one of three locations that the owner is operating.With great yelp reviews and many write up and food show interviews this is truly a great ground floor opportunity to get in on an up and coming chain.

Owner is looking to find an operator that will continue in the companies success and maintain the high standards they have established with their following. Owner wants to establish another location and is finding his time demands are beginning to be drawn thin so feels it time to bring in his first outside operator. New operator will have the chance to continue in the companies operating guidelines and success or venture out on his own but at that time will not be able to use the companies name, commercials and affilliations.Seller is not looking for any fees or share in sales just that the operator follow the established procedures and food quality formulas if buyer continues with name.

This location has been established just over a year and a half.Owner has recently begun catering to offices and businesses in area but due to other location demands he is not able to devote the time to grow these large ticket sales as he would like to, a working owner would have that ability to continue to grow that business part to see additional sales at this location.

So if this opportunity sounds like something you would like to get involved with and get in on this ground floor opportunity then just go to the get name and address button, sign the NDA and get the name and address so you can visit, but be ready to chow down as you will have a hard time choosing what items to order as you scope out this jewel and the many varieties of offerings.

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 + 2 5 yr options
Total Monthly Rent:
$3,060

Operations

# of Part-Time Employees:
7
Hours Open:
11AM-9PM 7 days
Year Established:
2011
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
8
Inside Sq. Ft.:
942
Outside Sq. Ft.:
100

Highlights

  • Busy Ventura Blvd Location
  • Time tested recipes and menu
  • Great reviews from yelp, restaurant reviews and TV interviews
  • Sales growth potential in catering, increase hours of operation
  • ADVERTISE!!! Owner has not done any local marketing
  • Add Beer and Wine
  • ADD DELIVERY at LUNCH!!!!

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

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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