The Crown Jewel! Restaurant & Bar With Full Liquor

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$415,000 $2,254,568

Food & Beverage: Restaurants, Fast Food, Deli

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RE: The Crown Jewel! Restaurant & Bar With Full Liquor Broker: Seller of Business

Quick Facts

Asking Price: $415,000
Annual Revenue: $2,254,568
Net Profit: Not Disclosed
Cash Flow: $219,677
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 287311533
Broker Reference #: 3649

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Business Overview:

The Crown Jewel! Restaurant & Bar With Full Liquor, 3000 Sq.ft. Patio, Low Rent, Absentee Owner

RRC#: 3649
Price Reduced: Offered At $415,000
Location: Los Angeles County
Annual Revenue: $2,254,568
Annual Cash Flow: $219,677
Monthly Rent: $6,900

Listing Description:
Pre-approved for a SBA loan with 10-20% cash down! Priced reduced due to current market conditions. Very special restaurant & bar located in a fantastic area with a prime location and high foot traffic. Serving great American steaks, chicken, pastas, burgers, salads, wood fired pizzas, plus craft cocktails and beer. 40% of sales are alcohol, with bartenders serving 300 cocktails a night on weekends! Features a casual décor, floor to ceiling windows, lots of natural light, a huge outdoor dining area plus, firepit lounge area. With indoor seating for 60, outdoor seating for 90 or more. Owner works less than 15 hours a week in the restaurant. Great reviews across the board!

Within the main dining room & bar is a large Italian wood fired pizza oven with cold prep station and marble work table. There is a separate wine storage room, office and liquor storage. The kitchen boasts a double hooded cook line and one cold prep line. There is a walk in cooler, walk in freezer, grease trap, separate dishwashing area. Some equipment includes: 3 cold prep stations, grill with oven, salamander, 4 burner stove with oven, 8 burner stove with oven, floor mixer, convection oven with hood, 2 fryers, 2 food warmers, ice machine, 3 door under counter fridge, microwave, slicer, tables, chairs, lounge chairs, sound system inside/out. 2 firepits, 6 ceiling heaters, 12 patio heaters, 10 umbrellas and POS system with 4 tablets. Bar includes: Keg fridge, cube ice maker and 3 under counter wine refrigerators, plus kegerator and bar well.

General Information:
Organization: Inc
Established: 2011
Current Owner: 2011
Employees: 45
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $187,880
Monthly Cash Flow: $187,880
Annual Revenue: $2,254,568
Annual Cash Flow: $219,677
Payroll: Contact For Info
Monthly Revenue: $187,880
Monthly Cash Flow: $187,880

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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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