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#4118
San Fernando Valley Restaurants For Sale

Great Ventura Blvd Spot, High Traffic, High Demand Area & Low rent!

$65,000
Great Ventura Blvd Spot,  High Traffic, High Demand Area & Low rent!
This Listing is Expired

AAA Location on Prime Ventura BLVD!

This restaurant is located on the highly demanded Ventura BLVD in the San Fernando Valley. The restaurant has working equipment that is only about 7 years old.

-The Rent is Only ~$2 Per Foot (This is a great deal for this area)

-Very High Traffic Count Area

-Fully Fixturized Full Service Restaurant

-Restaurant has 2 hood systems

-Restarurant is very clean and built to maximum efficiency.

-Bring in Your Concept

-THIS IS A MUST SEE LOCATION!!!

-PRICED for a Quick Sale!!

Demographics: Median Home Price 925k (according to Movoto.com) Population of city ~30k

Surrounding cities Demographics: Median  Home Prices: 745k and 859k, Population of cities ~36k and ~27k

To get Name, Address and see more Pictures just go to the tab below "Sign NDA" and check out this Beautiful Restaurant.

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
Lease Term:
Expires May 31, 2017
Total Monthly Rent:
$2,040
Security Deposit:
$1,850

Financials

Last Year's Payroll Cost %:
20
Last Year's Rent %:
50

Operations

Liquor License:
n/a
# of Part-Time Employees:
1
Hours Open:
11-9 Monday-Saturday
Closed Sundays
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
34
# of Parking Spots:
4
Inside Sq. Ft.:
~1000
Residential/Office Sq. Ft.:
-

Highlights

  • Restaurant space for sale
  • Equipment in good condition-Buyer must Validate
  • Busy Ventura Boulevard Location
  • High traffic area
  • Building is in beautiful condition
  • Not one, but two hood systems
  • Private parking in back
  • Easy conversion to new concept

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 30,005 73,782 374,063
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,686 29,150 129,843
2010 Persons Per Household 2.50 2.42 2.73
Median House Value $704,700 $672,251 $504,237
Income Per Household $70,759 $77,796 $65,815
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,638 6,030 16,055
2012 Number Of Employees 23,414 91,662 333,892
2012 Total Annual Payroll $511,204,000 $2,525,830,000 $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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    Gourmet Burger Franchise Restaurant with Beer and Wine
    Lease:  
    expires June 30, 2025 plus 2- 5 year options
    Annual Revenues:  
    $1,683,149
    Annual Adj. Net:  
    $139,942
    Square Feet:  
    2,460
    Available
    $339,000

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