Quick Service Restaurant And Deli Mini-grocery For Sale

Business description

A dream COME true location… for a Quick Service Restaurant and Deli / mini Grocery at a small but very busy strip center in Studio City, with Lots of Traffic and right across from UNIVERSAL STUDIO on VENTURA Blvd is ready to STEAL...! The cooking/kitchen facilities are set up with excellent equipment for a deli food, and a full range of other products…, which could be expanded. The possibilities are endless. The owner is currently building a Manufacturing Business that is demanding all their time and talents; so they cannot devote their time to bring this operation to its full potential. This high profit location is ready for dedicated management to push it to its next level of sales and profitable growth. The $49,000 asking price is 1/3 of what it would cost to re-produce this restaurant today…1,500 sf of space, over 35 seats plus outdoor seating, $3,500/mo Rent, over 8 years lease. Own your own Business; this opportunity can be yours for 49K today. Turnkey and Ready to Go! As is or with your own new concept…

Property information

Real Estate:

Lease

Lease terms:

Lease Expiration: 2013
Lease Options: 5

Leasehold rent:

$3,500/mo per annum

Location:

located in Studio City, with Lots of Traffic and right across from UNIVERSAL STUDIO on VENTURA Blvd

Size in square feet:

1,500 sf

Other information

Support & training:

2 wks 20 hrs/wk

Reasons for selling:

Other Venture

Trading hours:

7 Days 11:00 am-9:00 pm

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)