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Business For Sale

SPORTS BAR RESTAURANT

Attn: shawn salehian
San Fernando valley, CA, USA
Listing Number: "000358wba"
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Asking Price: $729,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: different ventures
Year Established: 2002
# of Employees: 19
Yearly Revenues: $1,300,000
Yearly Cash Flow: $200,000
Yearly Gross Income: $1,300,000
Monthly Payroll: $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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