Profitable & well established Restaurant with 47 license in Pasadena

Pasadena, CA (Los Angeles County)

Profitable & well established Restaurant with 47 license in Pasadena
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Asking Price: Get Financing: $3,780,000

Cash Flow: $250,000

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Real Estate: $3,090,000*

Established: 2014

*not included in asking price.

Profitable & well established Restaurant with 47 license in Pasadena

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Business Description

Profitable and well established Italian Bistro & Bar with 47 license with property is for sale in this great location on the Rose Bowl Parade route in Pasadena that faces two major boulevards! Owner is retiring. Free standing building that was completely remodeled 3 years ago with ample parking in the rear. This award winning restaurant is absolutely beautiful and you must see it to appreciate it. They have high ceilings, a full bar and a large above ground patio. Well over $150,000 worth of furniture, fixtures and equipment are included in price. They are one of the Pioneers of the Wood Fired Gourmet Pizza concepts with sales of approximately 1.2 million a year with a cash flow of over $20,000 a month.. Seller is retiring. Restaurant is also available seperately for $790K For more information call Cory Winick @ 818 620-8091 or email him at cwinick@pacificbusinessadvisors.com

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
3,600
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
Retiring
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cory winick

Business Listed By:
Cory Winick

Pacific Business Advisors

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Sponsoring Broker:
Fred Mercuro

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