Restaurant, Bar, Catering
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1000000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 4 weeks at 40 hours per week following the close of escrow.
Reason for Sale Retirement.
Description Very profitable Restaurant/Full Bar and Catering Business for sale Located in A Hotel in West San Fernando Valley. Restaurant has #47 Liquor License and seats 88 people. Bar equipped with Arcade games is a popular hang out for local patrons. Restaurant serves lunch and dinner 7 days/week. Breakfast and expanded pool service can bring in additional revenue. Catering Business delivers lunch to 3 Adult Day Care Centers Monday through Friday with 1,250 to 1,500 meals a week. Catering to ADHCs for over 7 years. Annual revenue of one million dollars with net profit of $400,000. 75% of revenue from Catering and 25% from Restaurant & Bar. Price is $1.25 million. Great business opportunity for an experienced operator.
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