Cocktail Restaurant - With Patio, Known for BBQ

Glendora, CA
Los Angeles County


Asking Price: Annual Revenue:
$650,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cocktail Restaurant - With Patio, Known for BBQ Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 24
BBN Listing #: 839555232
Broker Reference #: 4571 NK

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Business Overview:

BBQ restaurant with cocktails & patio, high volume and net.

One of only two restaurants with a cocktail license in the entire city.

Long established in the city but moved to present location 11 years ago.

Lots of repeat business, known for great tasting BBQ.

Some Major Expense: rent-$6,900, labor-$30,000, utilities-$4,000, food cost 34%, insurance-$4,000,
credit card fees-$2,500, phone-$300

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Reason for Selling:

Moving

Additional Details:

  • The property is leased.
  • 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.

Documents:

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