END CAP Restaurant space for Italian or Mexican Food

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Priced for a Fast Sale; Exceptional End Cap Restaurant-1200 square feet
Asking Price:
$79,500

Gross Revenue:
$240,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Currently operating as a full service restaurant, seating or take out. Restaurant serving Italian cuisine and Pizza. Perfect for Mexican Food too. Full Hood, Refrigeration, Freezers, Counters, seating for 20, frontage and it is an end cap located at the entrance to the shopping center. Perfect opportunity to lease an up and running restaurant. High density single family housing surrounds all. Great Viability.
Restaurant currently does not have an ABC license.

Lease terms: 5 to 7 year lease available with 5 to 7 year lease option. Base rent for this fully functioning "end cap", built out restaurant is $2.25 psf NNN

About the Business

Location:
Simi Valley, California
Year Established:
2010
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$2,700.00 Per Month
Facilities:
37,840 GLA Shopping Center with frontage to Los Angeles Ave. This space is located at the entrance to the center and is the prime end cap facing Los Angeles Ave. 1,200 square feet +/-
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About the Sale

Reason For Selling:
retirement
Training/Support:
as needed
Seller Financing:
No ABC license

Listing Info

ID:
1624969
Ad Detail Views:
0

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Business Listed by

C21 Everest Business & Commercial Randall Barondess

Troop Business Services
License# 01994886

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