Owner Financing is Available
Business for Sale Overview:
One of the most popular steakhouses in the big bear area for locals, visitors & stars alike. Seating for 165 people, fun bar area, well established & efficiently run plus room to improve. Includes: goodwill, building, land, full liquor license & other transferable licenses, machinery, furniture, fixtures & equipment, inventory, non-compete etc. Do not disturb employees.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Building is approximately 4,000 square feet on a 7,700 square feet lot. 20 parking spaces reserved for business plus adjacent lots and additional street parking available. Lake views from dining patio area. Inventory of furnishings and fixtures available for viewing in a pdf package with other informative information regarding this property and its income.
Market Competition and Expansion:
This is the busiest restaurant in Big Bear. When some restaurants are lucky to serve one dinner midweek during the slow seasons, they are consistently busy with an almost constant revenue stream. This restaurant has a great local reputation and following. American Express gave a yearly credit card review, and showed that the #1 position and #3 position on the list of top zip codes for restaurant patrons was that of Big Bear Lake and Big Bear City. This restaurant has a lot of upside potential and could be greatly improved. Hours could be expanded to include breakfast, the most profitable meal of the day, and happy hour in the bar could be expanded to generate more business. Advertisement could be used to expand clientele. Lastly, this great restaurant could be franchised out to create a larger venue and ownership possibility.
Reason for Selling:
retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.