18730 Soledad Canyon Road

    Canyon Country, CA 91351
    • $495,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: SR19089132
    UPDATED: 29 min ago
    $495,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1999
    County:

    School Ratings & Info

    Description

    20 year old restaurant for sale. Seller retiring. Assigned lease will be finalized prior to close of escrow and will be subject to Buyers approval if not executed prior to the opening of escrow. Sale includes: Equipment, signage, decor, catering business, a 3 year non-compete agreement, BBQ trailer and full bar type 47 liquor license. Sale does not include: Inventory at the close of escrow. To be purchased at the close of escrow. All bank accounts, cash and accounts receivables, if any.Site is in front of an Edwards Theater and on the busiest East / West street in the Santa Clarita Valley. Tour is by appointment only. Another asset the annual Temporary Use Permit that allows Route 66 to have outdoor entertainment, not only on the patio, but also utilizing a large portion of our parking lot. This entertainment includes MONTHLY Classic Car Shows and WEEKLY Bike Nights. On-site catering of food and the liquor license allows Route 66 to cater alcohol as well. As a part of the catering, Route 66 specializes in Santa Maria Style BBQ using a double axle BBQ trailer, valued at over $7,000. Annual sales have consistently been approximately $1,200,000. Buyer to verify during due diligence. All potential buyers must sign a Confidentiality Agreement. No potential Buyer is to contact any employee.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T14:33:52.363. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/93865069

    18730 Soledad Canyon Road Canyon Country, CA 91351

    • Price: $495,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: SR19089132
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1999
    Built
    Neighborhood:
    CAN1 - Canyon Country 1
    County:
    Los Angeles
    Area:
    CAN1 - Canyon Country 1
    Property Description
    20 year old restaurant for sale. Seller retiring. Assigned lease will be finalized prior to close of escrow and will be subject to Buyers approval if not executed prior to the opening of escrow. Sale includes: Equipment, signage, decor, catering business, a 3 year non-compete agreement, BBQ trailer and full bar type 47 liquor license. Sale does not include: Inventory at the close of escrow. To be purchased at the close of escrow. All bank accounts, cash and accounts receivables, if any.Site is in front of an Edwards Theater and on the busiest East / West street in the Santa Clarita Valley. Tour is by appointment only. Another asset the annual Temporary Use Permit that allows Route 66 to have outdoor entertainment, not only on the patio, but also utilizing a large portion of our parking lot. This entertainment includes MONTHLY Classic Car Shows and WEEKLY Bike Nights. On-site catering of food and the liquor license allows Route 66 to cater alcohol as well. As a part of the catering, Route 66 specializes in Santa Maria Style BBQ using a double axle BBQ trailer, valued at over $7,000. Annual sales have consistently been approximately $1,200,000. Buyer to verify during due diligence. All potential buyers must sign a Confidentiality Agreement. No potential Buyer is to contact any employee.
    Interior Features

    Building Features Phone SystemTv System Seating Capacity 100

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Name Route 66 Business Type Restaurant Country Us Hours Owner Works 20 Leasable Area 4470.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Minimum Down Amount 10000 Number Of Full Time Employees 4 Number Of Part Time Employees 25 Reason For Selling Retirement Year Built Source Seller Year Established 1999 Years Current Owner 20

    Listing provided courtesy of Robert Mitelhaus of Robert Mitelhaus


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T14:33:52.363. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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