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Business For Sale
GLENDALE RESTAURANT W/GOOD LEASE & GREAT LOCATION
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Asking Price: |
$220,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests. |
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Year Established:
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2005 |
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# of Employees:
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4 |
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Yearly Revenues:
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$300,000 |
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Yearly Net Profit:
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$60,000 |
Business for Sale Overview:
Mediterranean Restaurant located on a major street in one of the best areas in Glendale. The major developments in the area along with the heavy foot traffic makes this a very coveted location. Restaurant currently serves great Mediterranean food, but can very easily be converted to any other type of concept or restaurant. The restaurant consist of a very spacious dining area inside that seats 50, with an outside patio on the Blvd. that can seat 20-25. there's a full kitchen system, 2 bathrooms, and an upstairs office. There's also good parking in the back to go along with the street parking in the front. Included in the sale is an entertainment license to have live music, which the current owner takes advantage of on the weekends. Truly a good opportunity for any restauranteur looking for a quality restaurant in a very desirable location. Contact Seller for a Non-Disclosure Agreement and for more information.
Property Features and Assets:
Very clean and modern build-out.
Market Competition and Expansion:
Can easily be converted or changed to any concept or type of restaurant.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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