Business For Sale

Pasadena Quick Service with Liquor & Patio

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$100,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pasadena Quick Service with Liquor & Patio Broker: Ryan Clark

Quick Facts

Asking Price: $100,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 3084929
Broker Reference #: RadoBurg

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Business Overview:

This Pasadena quick service restaurant boasts a fantastic high foot traffic and high visibility location with a liquor license and sidewalk patio – all offered at a highly attractive price! The facility has a modern and extraordinarily versatile buildout that can be adapted to any number of food or even beverage driven concepts.

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Property Features and Assets:

This 2,800 square foot location leases for $18,200 per month, plus $3,179 in triple net expenses on a lease that expires on 12/31/2021 with two 5 year options. While the location’s furniture, fixtures, equipment and Type 47 Liquor license (valued at approximately $80,000 alone) are included in the sale, the name and exact concept are not included.

Market Competition and Expansion:

Competition certainly exists in this highly competitive food market however this type of location provides an operator the high visibility location, patio and liquor license entitlements to promote their concept! New operator may capitalize on this location’s many attributes to launch any number of food concepts that they feel may thrive in the Pasadena market. Since the enormous build-out expense and cost associated with the ABC and permitting process has already been incurred, new management can potentially have a relatively seamless and low cost transition for a fraction of what a new build or a facility requiring rehabilitation may cost.

Reason for Selling:

Personal

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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