Profitable Bar – Restaurant! 33+ Years & Going Strong!

Business for Sale Overview

Business Types: Retail, Bars/Taverns, Restaurants

Asking Price: $350,000

Gross Income: $650,000

Cash Flow: $150,000

Inventory: TBD

Real Estate: $1,000,000

Year Established: 1977

Business for Sale Description

Full service restaurant with # 47 liquor license. 105 inside seating. Permitted for 12 seats outside. Restaurant 2500sf with attached retail store of approx. 1000sf, for a total of 3500 SF building. Restaurant hosts live entertainment two days a week. New seating area booths and wood laminate floors installed Dec. 2010. kitchen equipment includes ; newer 12ft hood , two ovens, two fryers , grill, six burner range, steam table. Prep sink, dish washing sink, two reach in refrigerators , one freezer , and walk-in cooler. Beautiful Bar seats eight, and has 12 draft handles and large TV. Nice sized storage area with reach- in two door freezer, dried food storage, and separated locked liquor room. Dining room has two 52″ TV’s . Attached retail shop is currently a gift/ grocery store selling international foods and gifts. This is a well known restaurant that has an excellent reputation, for food and friendly service. Established in this same location since 1977. Family owned and operated over thirty three years. Real Estate is available for purchase at the fair market value of Approx $1,000,000. Some seller financing is possible to qualified buyer.

Detailed Business for Sale Information

Facilities: 2500 sq. ft. restaurant/bar nicely decorated and comfortable space. Recently renovated. Attached is a retail store of approx 1000 sq. ft.. Fully operation and equipped kitchen with 12' hood. Plenty of easy parking on street. Building is included in the sale or possible long term lease.

Competition: Lots of restaurant competition in most areas. This location has been going strong for 33 years straight!

Growth/Expansion: Many ways to grow existing business and revenues.

Financing: Some seller financing may be possible

Support/Training: Plenty of training will be available to buyer to ensure a smooth transition.

Reason for Selling: Retirement

About Brenda the Business Broker

Brenda Bernhard, Brenda the Broker, is a Los Angeles Certified Business Broker (CBB) with years of experience in business buying, business selling, and business consulting services. Brenda the Broker is based in Los Angeles and helps clients with businesses for sale locally, nationally, and globally.

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