#5468
San Fernando Valley

Encino 5 DAY Coffee Shop on Ventura Blvd - Low Rent

$69,000
Available

Located inside a prestigious office building on Ventura Blvd in Encino, this newly remodeled coffee shop is ready for a new owner to take over! Hours are ideal for someone with a growing family looking for a limited work week!

Menu is simple and easy to prepare. Overhead expenses are minimal with room for growth. Shop currently offers regular coffee and hot chocolate. There are options to add an espresso machine and specialty drinks to capture the early morning and afternoon cravings. Food options could also be expanded, if desired.

Dining area comfortably seats 28 people. Tranquil views of the city and mountains set the backdrop for the seating area. Customers can get a comfortable and enjoy the view or easily walk in and out of the facility with their to-go order. The store interior with the fresh painted wall, brand new flooring and ceiling tiles adds to the comfort and feel the place has.

Rent includes Electricity, AC, and General Maintenance for ONLY $1500 a month! Lease is 5 yr term with two 5 year renewal options.

Go to sellingrestaurants.com and search for listing 5468 to get the name and address of this listing. 

Website has been developed and is ready to take online orders. Owner has another business opportunity that he is pursuing, so he is not looking to expand this business further at this time. The app has not been turned on yet, but is readily available for the buyer to utilize immediately. Targeted customer base has already expressed interest in being able to use the app for orders, which means the potential for sales increases could be right away.

Signs advertising the Restaurant are located on each entrance of the building from the parking structure to notify visitors of the Coffee Shop's availability.

Current operating hours are M-F 7am-3pm but hours could be increased to serve longer hours as the building houses medical professionals who work Saturdays and is located near other large businesses that can also order from the Coffee Shop. There is plenty of room to expand hours and increase customer flow.

With the foundation laid, a qualified buyer could take this business opportunity to the next level!

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Fernando Valley
Lease Term:
Oct 2023 + 2 - 5 yr options
Total Monthly Rent:
$1,556
Security Deposit:
$3,111

Operations

# of Full-Time Employees:
1
Hours Open:
7AM - 3PM Mon-FRi
Year Established:
2018

Facilities

Indoor Seating:
28
Inside Sq. Ft.:
1037

Highlights

  • RENT ONLY $1500 and INCLUDES UTILITIES
  • Located in High End Medical/ Office Building
  • Limited 5 days and short hours!!
  • Website with ONLINE ORDERING ready and waiting
  • Great Business for a Family Operation!!
  • Limited Easy Menu
  • Seating for 28

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,379 99,037 311,356
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,409 35,804 107,806
2010 Persons Per Household 2.47 2.56 2.76
Median House Value $646,400 $525,722 $527,552
Income Per Household $91,100 $73,717 $71,361
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,872 4,971 11,273
2012 Number Of Employees 27,614 141,170 235,842
2012 Total Annual Payroll $592,128,000 $3,948,711,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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