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

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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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