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Business For Sale
RESTAURANT IN GLENDALE
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Asking Price: |
$695,000
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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retirement |
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Year Established:
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1982 |
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# of Employees:
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10 |
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Yearly Revenues:
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$954,000 |
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Yearly Cash Flow:
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$243,000 |
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Yearly Gross Income:
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$954,000 |
Business for Sale Overview:
Over $20,000 Net Profit per month. Semi-Absentee owner. Full kitchen Restaurant. Full bar with a wide variety of wine and Beer (47 Liquor License). Very popular with the neighboring Hotel and community. Rated as Zagat’s top ten Fine Italian Cuisine. Trained managers and long term employees in place. Over 3,000 square feet of space. A true destination with many loyal clients. Over $250,000 worth of uniquely designed Fixtures, Furniture and Equipment is included in the asking price of $695,000. Valet Parking is available more than 22 years in Business. “Seller financing is Available”.
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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