$300,000.00 (+/-) Bar & Grill profit for 2018!

Los Angeles, CA (Los Angeles County)

$300,000.00 (+/-) Bar & Grill profit for 2018!
Contact Seller

Asking Price: $695,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$300,000.00 (+/-) Bar & Grill profit for 2018!

Save Print Share Valuation Report

Business Description

$300,000.00 (+/-) Bar & Grill profit for 2018!

RRC#: 3133
Asking Price: Offered At $695,000
Location: Los Angeles County
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: 2700

PROFITABLE Bar and Grill! Owner Retires! Long term lease with two (2) five (5) year options. Current base rent is $2700/month NNN until 2023 Restaurant and Bar provides a very comfortable environment where guests can sit at the bar or at table/booths to enjoy great food and beverages, along with entertainment including karaoke! The floor plan consists of a large 18 seat 30 foot long bar, 12 tables, and 4 booths surrounding a karaoke/dance/music area, The business has coin operated slot Pool Tables, ATM, California Lottery and Jukebox’s that generate monthly cash! A fully equipped kitchen-prep area, with refrigeration, freezers, stoves/oven, boilers, fryers and complete venting system. The business is located in a stand-alone building of approximately 3,000 +/- SF with abundant free parking. This bar DOES include a very valuable type 47 liquor license until 2am. If owning a bar is your goal then there is nothing not to absolutely love about this business opportunity. A great location,proven cash flow and very low rent with a long-term lease ought to put this business opportunity on your short list. The businesses financials will be provided upon receipt of an executed offer to purchaser. After 31 years owner is motivated to retire!

General Information:
Organization: Sole Proprietorship
Established: 1987
Current Owner: 1987
Employees: Contact For Info
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

Contact Seller

Contact the Seller

Contact Seller Loading

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
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.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1568300 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings