Request More Information Contact the Seller

  • RE:  High Gross Restaurant & Catering - RE Included
  • Contact:  Linnea Westlake
Owner Financing is Available!
Owner Terms: $1,000,000.00 Interest: 5% Term Months:60

Quick Facts

Asking Price: $8,000,000
Annual Revenue: $4,554,948
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $1,300,000
Real Estate: $7,000,000
Year Established: 1992
Employees: 52
BBN Listing #: 784633008
Broker Reference #: 2401-271319

Email or Print Listing

Business Overview:

High Grossing Restaurant & Banquet facilities along with outside catering. Restaurant and Real Estate will sell together. Appropriate for experienced restaurateur and/or event planner. For sale is a full-service restaurant with a type 47 liquor license and banquet facilities. Large prep kitchen with walk in freezer and cooler, along with three separate cook lines and pantry. One cook line was completely remodeled with new hood and equipment in 2022. Building is over 14,000 square feet with a seating capacity in excess of 300, and an additional covered patio with seating for 75. Standalone building boasts high ceilings, with lots of glass and skylights. An attached brewery with craft brewing equipment is adjacent to the sports bar. Plenty of parking. Local business community provides strong lunch business and catering Monday through Friday, and the local residents give strength to dinner along with banquets on the weekends. Located in LA County near Whittier, it is easily accessible from the 5 and the 605 freeways. There is very little competition in the area. There are interesting mixed use re-development plans being discussed to enhance the destination of the location. Highly experienced team delivers a friendly experience for guests. 

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.

Property Features and Assets:

Tenured staff of 35 part time and 17 full time employees. Restaurant sales exceeded pre-COVID levels in 2022 and showing YOY growth in 2023. Profitable. Seller does not work in the business but pays himself $150,000.

Retain the popular American Cuisine concept or make it your own.

2019 $4,583,722
2020 $2,434,974
2021 $3,624,923
2022 $4,588,612
2023 $5,000,000 proforma
2023 $500,000 proforma
FFE Estimate $1,300,000 including 3 Nissan and a Ford that will transfer. Restaurant pays building $17,500 per month rent. Estimated inventory $34,000.
Property Appraised Feb 2023 for $7,140,000
Asking $8,000,000. $7,000,000 for the property and $1,000,000 for the restaurant and banquet business.

Reason for Selling:

Health, Retirement.

Additional Details:

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

Relevant Links:

Request More Information is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.