IN ESCROW - Highly Improved Restaurant Package Prime West SFV

Los Angeles County, CA

IN ESCROW - Highly Improved Restaurant Package Prime West SFV

Asking Price:$350,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

IN ESCROW - Highly Improved Restaurant Package Prime West SFV

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Business Description

IN ESCROW - Highly improved, turn-key, fully-equipped restaurant package for sale with a Type 47 Full Liquor License in prime West San Fernando Valley – Warner Center area. This gorgeous restaurant was fully built out approximately 4 years ago and would cost over $1,000,000+ and about 12 months of time to replicate today. Improvements include extensive hand-crafted millwork, custom wrought iron work, custom cabinets, custom lighting, custom tables & booths and custom furnishings throughout that were specifically designed for this space. Fully-equipped open kitchen with pizza oven and more. Large prep areas with walk in refrigerator and freezer. Separate Deli area with sandwich/salad line and coffee/pastry area. Beautiful bar area with lots of unique upgrades and plenty of seating. Open, spacious dining room with high-end booths and custom tables. Large covered patio with custom booths and seating. Too many items to mention.

The space is approximately 6000sf +/- and located in a high traffic area with plenty of parking. The landlord will cooperate on creating a new long term lease for a qualified buyer. Buyer will need to show that they have restaurant experience, good credit and a strong financial statement in order to qualify for a new lease agreement.

Please note this is a sale of assets in place with limited books and records. The current name of the restaurant is not included. Seller will not consider carrying a note so this must be an all cash deal. The business is priced for an immediate sale due to a partnership dispute. All furniture, fixtures, equipment, permits, type 47 liquor license and extensive improvements are included in the purchase price. This is a turn-key situation where you can be in business quickly with your own concept and save yourself the headache of putting all this in place which could take up to 12 months of time and over $1M in cost.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement, background information and proof of funds has been submitted. Please hit the reply button or contact Matt Coletta at info@certifiedbizbroker.com or 818-999-9621 to receive a Confidentiality Agreement and learn more about this opportunity to purchase this Highly Improved Restaurant Package in a prime area.

Detailed Information

Facilities:
Highly improved furnishings and fixtures throughout the dining room, full bar, patio, deli, open kitchen, and spacious back of house areas.
Reason for Selling:
Partnership Dispute

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MATT COLETTA, CBI, CBB

Business Listed By:
MATT COLETTA, CBI, CBB

Business Team, Business Sales and Acquisitions

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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