Description This spacious Greater Pasadena Foothills area restaurant and bar with liquor, catering services and its own parking lot is a well-established, turn-key operation for an owner operator that seeks a fun, profitable business in an ideal wholesome community. This venue, which is a neighborhood favorite, boasts a large dining area, a separate bar, multiple offices, kitchen, patio and 40 onsite parking spaces.
Asking Price $450,000.
This 5,700 square foot restaurant plus 1,500 square foot office leases for $14,500 per month on a lease with just under 5 years remaining and 1 five year option. All of the business's furniture, fixtures, equipment, Type 47 Liquor License and Type 58 Catering Permit will transfer in the sale. Approximately $5,000 in inventory will be sold at cost at close in addition to the asking price.
This friendly restaurant and bar is a favorite among locals as well as those hailing from neighboring communities due to its customer embraced food, its convenient freeway access, and its family friendly appeal. Few restaurants in this area have been as consistently successful as this restaurant has been.
A new owner may benefit from further expanding on the current concept, or potentially modifying it to their own if they feel they could further improve profits.