Highly Desirable Highland Park Restaurant

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$325,000 $1,731,450

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Desirable Highland Park Restaurant Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,731,450
Net Profit: Not Disclosed
Cash Flow: $125,743
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 26
BBN Listing #: 174811533
Broker Reference #: 3508

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Business Overview:

Highly Desirable Highland Park Restaurant With Beer & Wine $1,700,000 Sales-totally Turn Key! RRC#: 3508

Asking Price: Offered At $325000
Location: Los Angeles County
Annual Revenue: $1,731,450
Annual Cash Flow: $125,743
Monthly Rent: $11,000 $500 tiple net

Listing Description:
Beautiful restaurant and craft beer and wine bar. Newly remodeled from the ground up! Over $1,700,000 in annual sales and growing! Bright and airy with high ceilings & large windows. ABC Type 41 license. Over $1,200,000 spent on the construction of the building, kitchen and patio. Featuring all new electrical, plumbing, HVAC, flooring, kitchen, bathrooms and handsome furnishings. Serving lunch and dinner daily, brunch on weekends and happy hour throughout the week. Parking for 5 cars plus street parking. Lot is approximately 5200 sq ft. Equipment includes: 12- Beer Tap Tower System with glycol machine, one-door reach in refrigerator, 20 quart stand mixer, 2-door True counter refrigerator, sandwich prep, 2 door proofer, 1 door Duke double gas convection oven, 5 ft. maple top baker table, 4 drawer chef stand, 6 burner cook top, 2- 35 pound deep fryers, 2 gold metal waffle irons, 2 door reach in freezer ( off site), walk in freezer, walk in cooler, 3 Hagasaki state of the art on demand hot water heaters, 1 hot water booster, No-salt water, softening system, Quadruple reverse osmosis water filter, full drip irrigation system, state of the art grey water collection system, 4 built in Sunpack S-34 patio gas heaters, state of the art Russ-Sound system/ indoor and outdoor, 8 camera DVR security system, True 2 door bottle cooler, glass doors, double Espresso Machine Simonelli, Espresso Grinder, True undercounter 1 door refrigerator, Bunn Brew Wise Dual Soft Heat Brewer with extra satellite warmer, Bunn Brew wise grinder, Bunn Ice Tea brewer, Ice O Matic undercounter 350 pound ice maker, reach-in ice cream freezer. Tables, chairs, patio furnishings.

General Information:
Organization: Corporation
Established: 2019
Current Owner: 2018
Employees: 26
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $144,287
Monthly Cash Flow: $10,478
Annual Revenue: $1,731,450
Annual Cash Flow: $125,743
Payroll: Contact For Info

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Property Features and Assets:

Parking: street Hours: Mon-Fri 5pm-10pm, Sat-Sun 8am-10pm Seating: 87 inside, 42 outside Licenses Required: City Business License, Health Department Permit, ABC licence Lease Expiration: 2036 Lease Option: Yes

Reason for Selling:

Other Interests

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.

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