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$ 99,000
Est. payment | /mo
$ 99,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26159676
HOA Y/N No
Year Built 2002
Property Description
Exceptional opportunity to acquire a well-established Salvadorian restaurant that has been serving the community for over 20 years. Ideally located on a high-visibility corner near Laurel Canyon in a neighborhood shopping center, this business enjoys consistent customer traffic, strong community recognition, and incredibly low overhead.
The approximately 500 SF space features an affordable lease of just $1,500 per month, making it an ideal opportunity for an owner-operator or entrepreneur looking to enter the restaurant industry without excessive overhead.
The business has built a loyal customer base, maintains an impressive social media following of more than 8,500 followers, and continues to perform well financially. While the space could benefit from cosmetic updates and a modern refresh, the foundation is already in place for the next owner to elevate the concept and grow sales even further.
The current owners are selling due to relocating farther away, making the daily commute no longer practical.
A rare opportunity to acquire a long-established restaurant with low rent, strong community presence, and tremendous upside in one of North Hollywood's busiest corridors.
The approximately 500 SF space features an affordable lease of just $1,500 per month, making it an ideal opportunity for an owner-operator or entrepreneur looking to enter the restaurant industry without excessive overhead.
The business has built a loyal customer base, maintains an impressive social media following of more than 8,500 followers, and continues to perform well financially. While the space could benefit from cosmetic updates and a modern refresh, the foundation is already in place for the next owner to elevate the concept and grow sales even further.
The current owners are selling due to relocating farther away, making the daily commute no longer practical.
A rare opportunity to acquire a long-established restaurant with low rent, strong community presence, and tremendous upside in one of North Hollywood's busiest corridors.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Others
Tax ID 2310016065
Acceptable Financing Cash
Listing Terms Cash
Listed by Caroline Harabedian Re-Search Concept 818-967-9626, DRE #01791821