2760 Tapo Canyon Road 10,Simi Valley, CA 93063
Simi Valley, CA 93063
Description
Thriving Shawarma Restaurant with Hookah License in Simi Valley, CA An incredible opportunity to own a well-established shawarma restaurant in the heart of Simi Valley, Ventura County. This business is known for its exceptional recipes, outstanding customer service, and inviting dining atmosphere. However, the true potential lies in an underutilized assetthe included hookah license, which presents an exciting opportunity for additional revenue. The restaurant features a spacious 1,300 sq ft indoor dining area that comfortably seats 20 guests, along with a 1,300 sq ft outdoor patio that can also accommodate 20 guests. The patio is equipped with lighting and speakers, creating a perfect ambiance for evening dining or a future hookah lounge. With the addition of patio heaters, this space could become a sought-after destination for social gatherings. Open seven days a week, the restaurant operates from 11:00 AM to 10:00 PM Monday through Saturday and 11:00 AM to 8:00 PM on Sundays. The lease is highly competitive, with rent totaling under $6,350 per month for both the indoor and outdoor areas. Additionally, its location in Ventura County offers the advantage of a lower sales tax rate of 7.25%, maximizing profitability. The current owner took over the business with plans for expansion but, due to unexpected health issues, is unable to dedicate the necessary time to fully realize its potential. This presents a rare opportunity for an investor or restaurateur to take over a profitable, turn-key operation with significant room for growth.
Details
| MLS# | SR25058825 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 91 |
| Listing Provided By | Re-Search Concept | Caroline Harabedian |
Features
| SQ Feet | 1,300 |
|---|
Market Activity 93063
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Learn More About This Property
| State | CA |
|---|---|
| County | Ventura |
| City | Simi Valley |
| Zip Code | 93063 |
| Area | SVC Central Simi |
| Listing VS Median (in 93063) | |
Price: $225,000 low | high Med: $828,474 SqFt: 1,300 low | high Med: 1,387 $ / SqFt: $173 low | high Med: $620 On site: 91 low | high Med: 36.000000 | |