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OFF-MARKET
Investment properties

20423 Serman Way Winnetka, CA 91306

0.99 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents a well-established Salvadorian restaurant located at 20423 Serman Way Unit 2B, Winnetka, CA. Situated on a nearly one-acre lot (0.99 acres) within a bustling shopping center, this restaurant boasts a prime location with ample parking for patrons. The interior features beautiful tile flooring and ceilings, creating an inviting atmosphere. The spacious layout comfortably seats 100 diners and includes a large dedicated dance area, perfect for events and entertainment. A fully equipped, large kitchen is ready for immediate operation, eliminating the need for extensive renovations or equipment purchases. The restaurant is currently licensed to serve alcoholic beverages, adding a significant revenue stream. The current owner is highly motivated to sell, making this a unique chance to acquire a turnkey operation with a proven track record and a distinctive menu. All necessary tools and equipment are included, allowing for a seamless transition to new ownership. The asking price for this established business is $150,000. This presents a rare opportunity to own a thriving restaurant in a desirable location with significant potential for growth. The high volume of foot traffic in the shopping center ensures a steady stream of potential customers. Don't miss this chance to own a successful and well-regarded restaurant in the heart of Winnetka.

Property profile
Verified
Property type Investment properties
Year built 2017
Lot 0.99 ac (43,124 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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