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

Los Angeles, CA (Los Angeles County)

$300,000.00 (+/-) Bar & Grill profit for 2018!
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Asking Price: $695,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Established: N/A

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

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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

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

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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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.

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