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$299,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25080572
HOA Y/N No
Year Built 2018
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 into a bakery. The necessary permits are ready to apply for, with an estimated cost of $50,000 and a 2–3 month build-out timeline. This presents a fantastic opportunity to expand the business and introduce a bakery or café component to the operation.
Located in a well-trafficked area near communities with a strong appreciation for Middle Eastern cuisine, Sylmar BBQ comes with proprietary recipes, a solid reputation, and the flexibility to adapt the menu to your own vision. Ample parking is available in the plaza and along surrounding streets, making access easy for dine-in guests and event attendees alike.
Whether you're an investor or an owner-operator, this is a turnkey business with multiple income streams and plenty of room for growth. Reach out today to learn more or schedule a private showing.
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 into a bakery. The necessary permits are ready to apply for, with an estimated cost of $50,000 and a 2–3 month build-out timeline. This presents a fantastic opportunity to expand the business and introduce a bakery or café component to the operation.
Located in a well-trafficked area near communities with a strong appreciation for Middle Eastern cuisine, Sylmar BBQ comes with proprietary recipes, a solid reputation, and the flexibility to adapt the menu to your own vision. Ample parking is available in the plaza and along surrounding streets, making access easy for dine-in guests and event attendees alike.
Whether you're an investor or an owner-operator, this is a turnkey business with multiple income streams and plenty of room for growth. Reach out today to learn more or schedule a private showing.
Location
State CA
County Los Angeles
Area Syl - Sylmar
Interior
Fireplace No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Read Less Info
Listed by Caroline Harabedian • Re-Search Concept • 818-967-9626