Call Broker For Details! Los Angeles, CA 91324
Call to check price and availability
Established 5-star Greek restaurant, high revenue.
Property size:
3,200 SFProperty Features for 0 Call Broker For Details!
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 3,200 SF
- Class
- A
Building Details
- Units
- 1
Listing Agent: George Massalas
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional opportunity presents a thriving, established Class A Greek restaurant in Northridge, CA, available for sale at $1,299,950. Located at a prime address in the 91324 zip code, this 3,200 square foot, single-unit restaurant boasts a stellar reputation, evidenced by its 5-star Yelp and Google ratings. The business enjoys consistent high revenue, with estimated 2024 gross revenue exceeding $1,500,000 and confirmed net earnings of approximately $600,000 annually. This success is built upon a loyal customer base, including numerous repeat customers and established commercial accounts with local schools, businesses, and emergency services. The restaurant has been family-owned and operated for over 30 years, building a strong foundation of trust and quality. The current owner is retiring but is willing to assist the new owner in a smooth transition. The lease is a gross lease, with a credit-rated tenant, commencing January 1, 2025, and expiring December 31, 2035. This is a unique owner-user investment opportunity, representing a rare chance to acquire a highly profitable and well-regarded business. This is a confidential private sale; further details are available upon request.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.5506158
- Latitude
- 34.2413938
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Established 5-star Greek restaurant, high revenue.
Where is this retail property located?
The property is located at Call Broker For Details! Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,950.
What are key features of this property?
This property features: $1,299,950 asking price for this established restaurant business.; 3,200 square foot, Class A restaurant in Northridge, CA.; Gross lease, credit-rated tenant, lease term from 01/01/2025 to 12/31/2035.
