Restaurant With Full Bar, Live Entertainment In So Cal

Santa Clarita, CA (Los Angeles County)

Route 66 Classic Grill
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Asking Price: $295,000

Cash Flow: N/A

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: $350,000

Inventory: $25,000*

Rent: $15,900 /Month

Established: 1999

*not included in asking price.

Restaurant With Full Bar, Live Entertainment In So Cal

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Business Description

Restaurant w/ Full Bar, Live Entertainment & Catering

PRICE JUST DRASTICALLY REDUCED!!! We are retiring after 20 years running our VERY SUCCESSFUL Casual Dining family restaurant, with a FULL BAR. The restaurant is a freestanding building, located in Front of an EDWARDS THEATER, in a Busy Shopping Center, on a VERY BUSY STREET. We gross $1.3 Million annually and make a decent profit. The restaurant is 4500 sq feet and has a Covered Patio. Our menu is primarily American Cuisine with some Mexican food items. Our FULLY EQUIPPED BAR offers 16 BEERS ON TAP. Our Staff is Experienced and Very Competent. We offer FULL SERVICE CATERING, specializing in "Santa Maria Style BBQ." Included in the sale is our LARGE OAK PIT BBQ TRAILER, and a LIQUOR CATERING LICENSE, which is perfect for Large Corporate Parties, as well as Weddings, or Special Events. We have a FULL ENTERTAINMENT LICENSE that allows us to host OUTDOOR monthly Classic Car Shows, Concerts and weekly Bike Nights, with "LIVE ENTERTAINMENT." Our Decor was Professionally Designed and is primarily 50's and Classic Automotive themed. Our Kitchen is Fully Equipped and is always properly maintained. We have the NEWEST STATE OF THE ART, ALOHA POS SYSTEM, as well as a 16 CAMERA VIDEO SURVEILLANCE SYSTEM that allows us to Monitor the Restaurant Remotely. The entire restaurant is Spotless and is Absolutely "TURNKEY." This is an IDEAL RESTAURANT for an Investor, or Family who Enjoys Entertaining their guest. This concept would be idea for FRANCHISING NATIONWIDE!!! For further information, please inquire...

Detailed Information

Location:
Santa Clarita, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
7/31/2020
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant is in leased 4500 square feet, free standing building. We are in a large entertainment center, including an Edwards Theater. The landlord is willing to lease the building for 10 years, with a 10 year option.
Growth & Expansion:
The restaurant concept is ripe to become franchised. This concept could work nationally!!!
Support & Training:
The owner / operator is willing to train a buyer in order to provide a smooth transition. The current staff is highly trained and includes a front of the house, and kitchen manager. The operation is virtually "turn key."
Reason for Selling:
Owner retiring after 20 years.
Business Website:
http://route66classicgrill.com
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Business Listed By:
George Thomas

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