Location
Contact Person
Vic Kharadjian, CBB
Phone
818-571-5628
Annual Revenue
N/A
Price
$ 99,000
Cashflow
N/A
Category
Restaurant/Food Service
Year Established
2014
Employees
3
Turn-Key – Highly Improved Restaurant ready for a motivated new owner who can run existing concept or update to a new concept.
Highly improved - newer Simi Valley restaurant with Beer and Wine license. Serious illness forces the owner to put this beautiful restaurant on the market. Recent build-out (March 2014) with over $250K invested (per Seller), newer equipment in good condition.
Per Seller all the equipment is fully owned including Dishwasher and individual table grills and hoods. There is a large Salad Bar with 2 refrigerators and a freezer. Two flat screen TVs included. Beer & Wine License and seating for approximately 64 customers. This is a turn-key, highly upgraded restaurant with all systems in place and fulfills all current city requirements per the Seller.
This beautiful restaurant is in a nice corner spot in a nationally recognized anchor tenant shopping center in prime Simi Valley. This location has great visibility, parking, and foot traffic.
Priced for immediate sale. Seller will consider carrying a note for a qualified buyer with a down payment of at least $30,000. This business is being priced and sold as a Sale of Assets in Place with limited or no books and records. Any figures above or in the package are as per the Seller and Broker has not verified.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Vic at Vic@Business-Team.com or call 818-571-5628 to receive a confidentiality agreement and learn more about this opportunity to purchase this newer Restaurant with B&W License.
Market Conditions & Competition
Excellent traffic and visibility at this location. Take over existing concept or convert to new concept.
Great opportunity to take over existing concept or convert to new concept in this nicely located restaurant with newer equipment and a Beer & Wine license.
Financial Summary
Seller will consider seller finance for a qualified buyer with at least $30,000 Down Payment.
Training & Support
Seller will provide training at no cost to qualified buyer.
Reason for Selling
Serious Illness forces sale.