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END CAP Restaurant space for Italian or Mexican Food

Simi Valley, CA (Ventura County)

end cap
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Asking Price: $79,500

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $40,000

Inventory: N/A

Rent: $2,700 /Month

Established: 2010

END CAP Restaurant space for Italian or Mexican Food

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Business Description

Priced for a Fast Sale; Exceptional End Cap Restaurant-1200 square feet

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

Detailed Information

Location:
Simi Valley, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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 +/-
Financing:
No ABC license
Support & Training:
as needed
Reason for Selling:
retirement
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(from currently available funds)
 
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C21 Everest Business & Commercial Randall Barondess

Business Listed By:
Randall Barondess, MA, C.B.B.

Troop Business Services

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