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Business For Sale
#12 RESTAURANT
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Asking Price: |
$270,000
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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1971 |
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# of Employees:
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4 Full Time / 6 Part Time |
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Yearly Gross Income:
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$737,000 |
Business for Sale Overview:
With over 36 years of continuous operation, this Downtown Glendale landmark is an owner/operator dream. $6 per feet gross rent for the next 12 years! Lots of potential to build sales for the experienced restaurateur/marketer. Plenty of room for private parties and banquet business. Lots of parking available. Situated in the heart of the antique district. Great atmosphere, well equipped kitchen, long-time staff and great base of current business. $270,000.
Property Features and Assets:
6,000 Square Feet, 250 indoor seating, rent $3,000, expires 2/5/09, 2 five year option.
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 may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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