Asking Price: $ 195,000 or offer
Type of Business: Asset Sale, Closed Restaurant with Type 47 ABC license & entertainment permit.
Hours of Operation: Closed, was 5 PM – 9 PM, later as needed on weekends
Gross Sales: $ was $80K – $100K / month.
Adjusted Net Profit: $
Total Rent: $ 9100
NNN: $ 2700
Length of Lease: new lease to the buyer- Seller’s has apx 1 year + 5 year option
Sq. Ft. 5300
Number of Employees:
Full time: Part-time:
Internet and TV:
Cost of goods: N/A
Asset sale of a long established restaurant! Name & menu not included since they have additional location. This unit is a highly visible location next to a busy freeway ramp. This is an asset sale, The location is clean, huge equipped kitchen, prep area, server station that is not seen in todays build outs. There is a DJ booth in the dining area, (move a few tables to clear the dance floor.) Separate lounge area with multiple TV’s, booths & a long bar. Restaurant looks pretty good,& clean but seems outdated. Minor paint job inside, & clean up is about all that is really needed, but this place can be good with a total redo. I feel that if you add breakfast, lunch, dinner, it could blow up!. City is set to build new offices across the street soon. so daytime business it will inevitably grow. The traffic counts are high, lots of residential in the immediate area & good visibility. Seller wants to sell, so lets bring all offers.
Call for more details.