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Food & Beverage

Pizza Restaurant Asset Sale–formerly Papa John’s–excellent Rent

Simi Valley, CA, USA
Listed 15 days ago

2nd Generation Pizza Restaurant Asset Sale located in Ventura County. Former Papa John’s pizza restaurant asset sale located in Simi Valley, California, within Ventura County. This established location is situated along a strong retail corridor, offering excellent visibility and strong traffic exposure in a desirable trade area. The approximately 1,320 square foot space features a complete pizza restaurant buildout with quality FF&E in place, positioning it well for a new operator to launch or expand a pizza or similar quick-service concept. Ideally located in the heart of Simi Valley with convenient access to the Ronald Reagan Freeway (State Route 118), this highly visible restaurant space benefits from strong surrounding residential neighborhoods, established retail, and steady commuter traffic. Situated within the busy Madera Village Shopping Center, the location enjoys excellent visibility, ample parking, and a strong mix of neighboring national and local retailers that drive consistent customer activity. The fully equipped restaurant is ideally suited for a new pizza concept or other quick-service restaurant and offers an exceptional opportunity to establish a presence in one of Ventura County's most desirable and family-oriented communities. The opportunity includes valuable furniture, fixtures and equipment, leasehold improvements, and a turnkey second-generation setup that can significantly reduce startup costs and time to open. With an efficient layout and existing improvements already in place, this opportunity is well-suited for both first-time operators and experienced restaurateurs seeking a ready-to-go location. This Simi location offers a solid foundation, strong demographics, and the advantage of acquiring a proven second-generation restaurant opportunity in a strong Southern California market.

Location

Simi Valley, CA

Lease Terms

1 Year Years Left On Lease Term – (2) Additional 5 Year Term-Options To Extend Upon Landlord Approval

Real Estate

Lease

Years Established

18 Years

Size In Square Feet

1,320

Reason for Selling

Consolidating location to (1) per area.

Financials

Asking Price
$110K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets ValueNot Included in Asking Price
$103K
Seller Financing
Not available

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