Business For Sale

Simi Valley Restaurant w/Beer, Wine & Patio!

Simi Valley, CA
Ventura County


Asking Price: Annual Revenue:
$195,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Simi Valley Restaurant w/Beer, Wine & Patio! Broker: Ryan Clark

Quick Facts

Asking Price: $195,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 22
BBN Listing #: 34764929
Broker Reference #: SimiPad

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Business Overview:

This Simi Valley fast casual / quick service restaurant with beer, wine and a spacious outdoor patio boasts a remarkable buildout, stellar freeway access and excellent street visibility. The venue is located on a prominent pad space in a large complex with major anchor tenants. The location’s spacious semi-open kitchen has several griddles, a grill, stove, deep fryer, large prep line and a combination walk-in cooler and freezer. The versatile buildout and the beer and wine entitlement lends themselves to any number of food service concepts.

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Property Features and Assets:

This location, which had nearly $900,000 invested in its buildout, is 2,700 square feet with a large outdoor patio and a roomy interior leases for $10,000 per month including common area maintenance expenses (CAM) on a lease until 2021 with two 5 year options. All of the business’s furniture, fixtures, equipment and Type 41 Beer and Wine License will be included in the sale. The name, menu and branded fixtures and other items will not be included.

Market Competition and Expansion:

While a variety of quick service and fast casual food concepts exist in the area, few have the type of buildout, freeway access, visibility, patio, beer and wine entitlements or attractive rent that this venue benefits from. As this venue is entirely absentee operated with several layers of management, it could tremendously benefit from a full-time working owner-operator that could significantly reduce staffing expenses, while ensuring quality customer service and a high average ticket sale. New operators are likely to benefit from the addition of new anchor tenants in the shopping center which are expected to drive traffic.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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