$220,000
$225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/30/2025
Key Details
Sold Price $220,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25058825
Sold Date 06/30/25
HOA Y/N No
Year Built 1989
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 expansion but, due to unexpected health issues, is unable to dedicate the necessary time to fully realize its potential. This presents a rare opportunity for an investor or restaurateur to take over a profitable, turn-key operation with significant room for growth.
Location
State CA
County Ventura
Area Svc - Central Simi
Interior
Fireplace No
Others
Tax ID 6180010350
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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