Description
Prime Ventura Blvd restaurant for sale in Sherman Oaks featuring a highly desirable Type 47 (full liquor) license. This 4,500 SF space is located directly across from Ralphs and surrounded by strong national brands such as Sugarfish, Bacari, and Mendocino Farms, in one of the busiest dining corridors with over 500,000 population within a 5-mile radius. The business has been established since 2005 and generated approximately $1.55M in annual sales (June 2024–May 2025), even with limited operating hours and an outdated setup, offering significant upside through renovation, extended hours, and concept repositioning. Rent is approximately $16,000/month (including NNN) with ~3.5 years remaining on the lease plus options. Seller is a multi-unit operator and is divesting as part of portfolio optimization.
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School Ratings & Info
Description
Prime Ventura Blvd restaurant for sale in Sherman Oaks featuring a highly desirable Type 47 (full liquor) license. This 4,500 SF space is located directly across from Ralphs and surrounded by strong national brands such as Sugarfish, Bacari, and Mendocino Farms, in one of the busiest dining corridors with over 500,000 population within a 5-mile radius. The business has been established since 2005 and generated approximately $1.55M in annual sales (June 2024–May 2025), even with limited operating hours and an outdated setup, offering significant upside through renovation, extended hours, and concept repositioning. Rent is approximately $16,000/month (including NNN) with ~3.5 years remaining on the lease plus options. Seller is a multi-unit operator and is divesting as part of portfolio optimization.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-17T00:30:38.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.