Good Income! Casual Steakhouse & Bar

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$349,000 $1,438,021

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Good Income! Casual Steakhouse & Bar Broker: Seller of Business

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,438,021
Net Profit: Not Disclosed
Cash Flow: $195,157
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 558711533
Broker Reference #: 3598

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Business Overview:

Good Income! Casual Steakhouse & Bar With Full Liquor Over $1,400,000 Annual Sales Absentee Owner

RRC#: 3598
Asking Price: Offered At $349,000
Location: Los Angeles County
Annual Revenue: $1,438,021
Annual Cash Flow: $195,157
Monthly Rent: $12,846 with triple net

Listing Description:
Own a fantastic American comfort food restaurant & bar! Serving high quality steaks, seafood plus craft cocktails in a slightly modern, rustic atmosphere with bar and covered patio. Recently remodeled with great chef’s kitchen. Features an 18ft Copper top bar, handsome wood & metal décor plus furnishings. Fantastic reviews and loyal clientele! Absentee Owner and manager run. Priced as a asset sale, name and exact menu not included. Bring your name and hit the ground running! Sale includes: ABC Type 47 license, POS system, sound system, security system, walk-in cooler, 16 ft hooded cook line, 12ft hood, 10ft food warmer station, 5 ft. food warming station, 6 burner stove top, grill, salamander, flat top, 4 burner stove top with oven, 2 refrigerated prep stations, 6 cooled chefs drawers, butcher block work table, under counter freezer, single door fridge, single door freezer, s/s work tables, stacking ovens, mixer, under counter fridge, ice machine, slicer, double fryer, Cleveland large cook pot, 2 refrigerated service cases. Bar area features: triple door fridge, double door fridge, 8 tap kegerator, 1 bar well, 2 door under counter fridge & Vero water system. 2 patio heaters, bar stools, chairs and tables.

General Information:
Organization: Inc
Established: June 2018
Current Owner: 2018
Employees: 25
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $119,835
Monthly Cash Flow: $16,263
Annual Revenue: $1,438,021
Annual Cash Flow: $195,157
Payroll: Contact For Info
Monthly Revenue: $119,835
Monthly Cash Flow: $16,263

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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