Business For Sale

Established Pasadena Landmark-Beautiful Building

Pasadena, CA
Los Angeles County

Asking Price: Annual Revenue:
$100,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Pasadena Landmark-Beautiful Building Broker: Steve Zimmerman

Quick Facts

Asking Price: $100,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 580511533
Broker Reference #: 3171

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Business Overview:

Pasadena Restaurant PRICED FOR IMMEDIATE SALE-Great Location-Well Equipped-Beer/Wine & Parking

RRC#: 3171
Asking Price: Offered At $100,000
Location: Pasadena Annual Revenue: $780,000
Annual Cash Flow: Contact For Info
Monthly Rent: $7252.81 rent $1250 triple net

Listing Description:
Beautiful, free standing 3600 sq. ft. restaurant located in the Playhouse District with good visibility. Features a well equipped, large kitchen, multiple dining areas, high ceilings, attractive furnishings, 2 fireplaces and seating for 85 or more. Adjacent to other restaurants, theatres, offices and multi-unit residential buildings. Perfect for any concept. Priced well below market price for immediate sale. Ample parking for customers with parking attendant on site. Owner has 3 dedicated parking spots for staff. Low rent for area! Landlord will issue favorable new lease for qualified buyer. Sales in previous years topped $1,500,000. Well equipped kitchen, separate pastry/prep kitchen, wine room, large storage area and office. Includes: 17 ft hooded cook line, grease trap, POS system, double door wine cabinet, walk-in cooler, 2 ice machines, beverage cooler, convection oven, 4 burner stove top with oven, 6 burner stove top with oven, 24” char-broiler, 24” grill, salamander, stock burner, 2 door fridge, ice cream freezer, 4 ft prep station, s/s work tables, ample shelving, microwave. Separate pastry kitchen includes: 8 ft. wood pastry table, proofing cabinet, 2 door freezer, chef’s table w/drawer, 2 microwaves, mixer, 5 ft freezer, 3 ft. freezer, pan racks, s/s racks, pots, pans, chafing dishes and lockers. ABC Type 41 license. Fantastic opportunity. Make an offer!

General Information:
Organization: Inc.
Established: 1983
Current Owner: 1998
Employees: 14
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $65,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $780,000
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: $65,000

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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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