806 Indian Hill BlvdClaremont, CA 91711

Property Details for 806 Indian Hill Blvd

Year built

2004

Construction

WOOD

Lot size

0.79 AC

Property size (Sq ft)

8,443 SF

Zone code

CLCF*

Property type

Turn key restaurants

APN

8322-006-005

APU

8322006005

Description

This exceptional opportunity presents the chance to acquire a thriving Mediterranean restaurant in the heart of Claremont, California. Established over a decade ago, this business boasts a stellar reputation and a loyal customer base, having become a true community favorite. The restaurant operates under a trademarked name, instantly recognizable for its commitment to authentic flavors and high-quality ingredients. The inviting ambiance contributes to its consistent popularity. The proven business model ensures a smooth transition for a new owner, providing a solid foundation for continued success or strategic expansion. Its strategic location next to a Starbucks ensures high foot traffic and visibility, maximizing potential for growth. This turnkey operation offers a rare chance to step into a well-established, profitable business with significant goodwill and a strong brand identity. The restaurant's success is built on a foundation of quality food, excellent service, and a loyal clientele, making it an attractive investment for an experienced restaurateur or a savvy entrepreneur seeking a proven business model in a desirable market. The sale includes the established business, its trademark, and the opportunity to continue building upon its already impressive legacy. This is a truly exceptional opportunity to own a successful and well-loved restaurant in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $3,091,188

  6.5%

  $2,853,404

  7%

  $2,649,590

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,607,420

  Geo Method

  $4,131,656

• Alternative Use

  Use

  Valuation

  Residential

  $2,406,953

  Hospitality

  $2,204,756

  Educational

  $1,834,331

  Medical

  $1,897,417

  Retail

  $2,853,404

Location Insight

City

Claremont

County

Los Angeles

State

California

Latitude

34.0811

Longitude

-117.719

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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