Canyon Country, CA 91350

$100,000

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List Price
$100,000
Status
ACTIVE
MLS#
SR26202574
Days on Market
1
Property Type
Investment

Property Description

MAJOR PRICE REDUCTION! NOW ONLY $100,000! Seller financing available with a minimum 50% down payment. Excellent opportunity to take over a fully equipped, operating restaurant in a busy Vallarta-anchored Santa Clarita shopping center with excellent visibility, ample parking & strong surrounding traffic. Established Mediterranean, Mexican & Burger concept with existing sales and significant upside for an experienced chef/operator. Mexican food has been performing especially well at this location. Owner is relocating out of the country and is motivated to sell. Fully equipped commercial kitchen includes 12' hood, shawarma stack, kebob grill, fryer, grill, hot & cold prep tables, refrigerators, freezer, grease trap, 3-compartment sink, prep sink & utility sink. Restaurant also features indoor & outdoor seating, ordering counter, salsa bar & Beer & Wine license. Favorable rent of only $3,300/month with a 5-year lease plus two additional 5-year options, providing up to 15 years of potential occupancy. Current operating hours are only 11:00 AM–5:00 PM daily, leaving substantial opportunity for a new operator to expand into dinner hours, delivery, catering and additional marketing. Recipes, equipment and established concept included. Seller financing terms subject to seller approval, with a minimum 50% down payment. Buyer to independently verify financials, lease terms, licenses, permits, equipment, transferability and all other business information.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Caroline Harabedian (caroline.wcli@gmail.com) from Listing Office: Re-Search Concept.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.