Bought with Caroline Harabedian • Re-Search Concept
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2760 Tapo Canyon Road Simi Valley, CA 93063
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Key Details
Sold Price $220,000
Property Type Business Opportunity
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $169
MLS Listing ID CRSR25058825
Year Built 1989
Property Sub-Type Business
Property 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 asset—the 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 expans
Location
State CA
County Ventura
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