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Franklin, Southampton County, Virginia
Asking Price
$637,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ralph Cummings
Phone: Show phone number
Name
Ralph Cummings
Phone
Show phone number
Posting ID:
280401
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Hollywood on Sunset Blvd pizza restaurant with 41 liquor license. This highly visible hollywood restaurant is located on a busy corner location facing sunset blvd. The casual style restaurant menu consists of pizza, hamburgers, sandwiches and other casual fare. The "theme" 4,500 square foot restaurant is segmented into 5 separate casual and intimate areas including two outdoor patios, a covered and enclosed patio and rear lounge with bar. There is a 20 year lease if you exercise all the options and there is also an option to buy the property. The monthly rent of 4,300 including CAM for 4,500 square feet is submarket for the area. Walking distance from upscale hollywood hills residential area and in the center of popular tourist destination. Sales currently average about 45,000 to 50,000 per month and you must see to appreciate the value and potential for this business.
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San Francisco County, California
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Liquor store / Market, same owner for over twenty years, health reason forces sale, according to the owner before the health problem, there were doing $1,000.00 + per day in sales, now they do about $300.00 per day. Asking price only $63,500 Plus inventory inventory about $5,000. Land Lord will give a new lease to a qualified buyer.
Long Beach, California
Hair Salon
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CF : $ 44,000
This well-established, full-service salon is located in a busy, newly-renovated center that has major anchors, ample parking and plenty of foot traffic generated by nearby businesses! The beautiful, 1,100 square foot salon rents for 2,200 per month, and includes 8 large stations, 5 hair dryers, 4 shampoo bowls and two manicure stations. It is busy with 7 full-time stylists, and 1 full-time manicurist, who are all on a rental basis. The salon offers hair cuts, styling, color, highlights, permanents, Brazilian Blowouts, waxing and manicures. Established over 30 years ago, the salon's clientele has grown, and includes as many as three generations of loyal customers! The stylists are just as loyal, with some employed with the salon since it opened in 1979! The owners would like to sell because they are tired of managing a salon for so many years. They both are willing to rent stations if the new owner would like. There are opportunities to grow the business by renting the remaining stations, and adding a website.
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$ 595,000
Asset sale only. Assets include: ABC 47 (valued at $100K-$150K). Leasehold improvements - FFE (valued at over $180K) - Rent below market: (you save a minimum of $180,000 in rent per year for another comparable space in this area, if you can find one). Pedestrian area: offices, artists management companies, Plastic surgeons offices and other medical facilities, tourists, L.A people strolling Beverly Hills. Some neighboring tenants: Crustecean, Mr Chow, Villa Blanca, Wally's, Neiman Marcus, HSBC, City National Bank, Wells Fargo, Luxury Car Rental Beverly Hills, etc. Prime location in Beverly Hills with ABC 47. Lease approx. 8 years + possibly additional options. 2,200 sq. ft. includes about 200 sq. ft. of offices and storage. Small patio. Plenty of Parking - Fee parking after 6PM. Landlord will consider only experienced operators.
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