Northern LA County Restaurant/Bar

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$194,000 $149,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Northern LA County Restaurant/Bar Broker: Mike Grover

Quick Facts

Asking Price: $194,000
Annual Revenue: $149,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $35,620
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 246950852
Broker Reference #: 25541-288298

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Business Overview:

Restaurant/Bar with HUGE Potential. Amazing Lease in Amazing Location. 47 Liquor License (Estimated Goodwill value of $90,000) and Live Entertainment Permit in place (Estimated Goodwill value of $25,000). 40% of annual sales are cash. Great opportunity for an owner-operator to step in and take it to the next level. Great online reviews with consistent clientele. Major residential expansion occurring in vicinity with already significant traffic. Expandable POS system. Owner tired of weekly commute and looking to retire from restaurant/bar business. Completed Non-disclosure and Buyer Profile will be needed to pursue this opportunity.

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Reason for Selling:

Commute is too long.

Additional Details:

  • The property is leased.
  • The owner is 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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