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$299,000
Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $149
MLS Listing ID CRSR25080572
HOA Y/N No
Year Built 2018
Property Sub-Type Comm Bus Opp
Property Description
An incredible opportunity to own a fully operational and beloved Middle Eastern restaurant with the added option of a banquet hall in the heart of Sylmar. Known as Sylmar BBQ, this business spans two separate units: Unit E and Unit F. Unit E is the main restaurant space, complete with a large commercial hood, seating for up to 10 guests, and a steady flow of loyal customers. It comes staffed with three full-time employees, and the current owner contributes approximately 25 hours per week. The kitchen is fully equipped and set up for high-volume cooking, making it ideal for both seasoned operators and first-time owners. Unit F is a spacious banquet hall that can accommodate up to 100 guests—perfect for private events such as birthday parties, baby showers, and community gatherings. The hall typically rents for around $1,000 per event, offering strong supplemental income. While the total rent for both units is $9,150 per month, the banquet hall portion is entirely optional. Buyers have the flexibility to lease just the restaurant (Unit E) and reduce the monthly rent by $4,500, while the purchase price remains unchanged. The current lease is in place through June 30, 2033, offering long-term security. Additionally, the owner had initiated plans to convert part of the banquet hall
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
New Construction No
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Listed by Caroline Harabedian • Re-Search Concept