Restaurant / Bar For Sale Almost Half Price
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $280000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 4 - 5
Inventory $90,000 plus liqour license.
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Family problems.
Description This is a European style, recently remodeled, 100 p. sitting and 40 on the patio / Bar and Restaurant for sale. Full liquor license included. It's located on the busy Ventura Blvd, surrounded by all kinds of businesses and offices / one minute from the Corbin Bowl. We only served dinner / 6pm - 12am, but if the new buyer opens on breakfast and lunch, it could raise 50 % or more revenue.There is a huge bar with TV's, a projector w. big screen and DVD. The VIP room is perfect for private parties. It's elegant with skylight and sofas. The kitchen is fully equipped. The large kitchen has a walk-in refrigerator, a large freezer, 6 b. oven. 4 ft grill, 8 ft hood and exhaust system, large storage room.3 prep.tables and dishwasher. All the equipment belongs to the sellers. The comp.register has the Restaurant Pro software. We are extremely motivated to sell / almost HALF price / because of our family problems. Originally we invested in $370,000. Our asking price is $200,000. The rent is $6,400. Till 2011, plus a 5 year option. Email or call 818-468-9104.
Click Here To Contact Seller
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