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Business For Sale
SPORTS BAR RESTAURANT
Attn:
shawn salehian
San Fernando valley, CA, USA
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Listing Number: "000358wba"
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Listing
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Asking Price: |
$729,000
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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different ventures |
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Year Established:
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2002 |
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# of Employees:
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19 |
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Yearly Revenues:
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$1,300,000 |
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Yearly Cash Flow:
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$200,000 |
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Yearly Gross Income:
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$1,300,000 |
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Monthly Payroll:
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$31,000 |
Business for Sale Overview:
100% Absentee Owner. Annual Net Profit of $200,000. This Argentinean Restaurant/Sports Bar has been established for over 6 years located in San Fernando Valley. Over $100,000 worth of Fixture, Furniture and Equipment (including several flat screens) is included in the Asking Price. No competition in the area. Great location inside a major strip mall surrounded by popular big retailers. Couple of large condominium projects are near completion which will bring in more traffic and revenue. A working system in place. Completely turn key operation. Beer & Wine License is included in the Purchase Price. Great lease terms.
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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