seller_photo
Steve Zimmerman Contact This Broker
Oops, you're not logged in...
To send your message, either login or provide us with a password and we'll create your account. or
Login and your message will be sent. Your message can be edited above.




Give us a password and we'll create your account. Your message and account details can be edited above.




Italian Restaurant On Busy Boulevard Long Established

Encino, California : Restaurants
Listing #3028

Italian Restaurant On Busy Boulevard Long Established RRC#: 3028 Asking Price: $69,000 Location: Encino, Los Angeles County, California Yearly Revenue: $360,000 Yearly Cash Flow: Contact For Info Monthly Rent: $4,499 LISTING DESCRIPTION: Established in 2003, this restaurant has a loyal customer base and great lease terms. Beer/wine license. While this restaurant specializes in northern Italian food, they also offer a number of classic dishes like Gnocchi Marinara and Penne Alfredo. Using use fresh ingredients, and organic whenever possible (milk, coffee, chicken, eggs, greens, and more). Also offered is a variety of items for vegetarians, vegans, and those with special dietary needs. For those on a gluten-free diet, gluten-free pasta made from brown rice flour. Dinner specials change often to reflect one of Italy’s twenty glorious regions — so there’s always something to look forward to! Equipment includes: 8’ hood, 6’ hood, Two Bev Air refrigerators (3 door & large), True cooler 3 door, freezer, tankless water heater, wine cooler, POS system, surveillance camera, sound system, Victoria Expresso Maker, Scotsman CU 50 ice maker, Baker’s Pride pizza oven and much more. GENERAL INFORMATION: Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 PT/2 FT | Seating: 54 - can add more | Square Footage: 2000 | Parking: Street, back lot | Licenses Required: ABC license, health permit | Days Open/Hours: Tues-Sun 5:30 P - 10 P | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $360,000 | Payroll: $5500 | LEASE INFORMATION: Monthly Rent: $4,499 | Lease Expiration: 7/2020 | Lease Option: Option to renew | Security Deposit: 6000 |

Asking Price:

$69,000

Gross Income:

$360,000

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Italian Restaurant On Busy Boulevard Long Established

RRC#: 3028
Asking Price: $69,000
Location: Encino, Los Angeles County, California
Yearly Revenue: $360,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $4,499

LISTING DESCRIPTION:
Established in 2003, this restaurant has a loyal customer base and great lease terms. Beer/wine license. While this restaurant specializes in northern Italian food, they also offer a number of classic dishes like Gnocchi Marinara and Penne Alfredo. Using use fresh ingredients, and organic whenever possible (milk, coffee, chicken, eggs, greens, and more). Also offered is a variety of items for vegetarians, vegans, and those with special dietary needs. For those on a gluten-free diet, gluten-free pasta made from brown rice flour. Dinner specials change often to reflect one of Italy’s twenty glorious regions — so there’s always something to look forward to! Equipment includes: 8’ hood, 6’ hood, Two Bev Air refrigerators (3 door & large), True cooler 3 door, freezer, tankless water heater, wine cooler, POS system, surveillance camera, sound system, Victoria Expresso Maker, Scotsman CU 50 ice maker, Baker’s Pride pizza oven and much more.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 PT/2 FT | Seating: 54 - can add more | Square Footage: 2000 | Parking: Street, back lot | Licenses Required: ABC license, health permit | Days Open/Hours: Tues-Sun 5:30 P - 10 P | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $360,000 | Payroll: $5500 |

LEASE INFORMATION:
Monthly Rent: $4,499 | Lease Expiration: 7/2020 | Lease Option: Option to renew | Security Deposit: 6000 |


Bizilla Reference # 26197 :   Report this listing