Business For Sale

Like New-attractive Old Town Pasadena Rest

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$140,000 $774,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Like New-attractive Old Town Pasadena Rest Broker: Steve Zimmerman

Quick Facts

Asking Price: $140,000
Annual Revenue: $774,000
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 #: 719811533
Broker Reference #: 2810

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Business Overview:

Like New-attractive Old Town Pasadena Rest W/fast Casual To Go Area-$750,000 Sales-beer & Wine

RRC#: 2949
Asking Price: $140,000
Location: Old Town Pasadena, Los Angeles County, California
Yearly Revenue: $774,000
Yearly Cash Flow: call for info
Monthly Rent: 11500 triple net included

LISTING DESCRIPTION:
Warm, inviting and attractive restaurant with separate food outlet and or to go counter. Perfect for fine dining or fast casual concept. In Old Town Pasadena, surrounded by shopping, restaurants and offices with excellent food and reviews, The decor is light and fresh with reclaimed wood throughout. Serving California cuisine, seafood and upscale beer and wines. Reviews are excellent. Offering a fully equipped kitchen, with walk -in, 10 ft. hood, grill, 2- 6 burner stove tops with oven, fryer, refrigerated chef''s drawers, refrigerated prep station, grease interceptor. ice machine, double door refrigerator and freezer, shelving racks, floor mixer, meat slicer, stacking convection ovens, dishwasher. separate storage room, patio tables and chairs, dining tables and chairs. POS system. ABC Type 41

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2008 | Current Owner: August 2016 | Seating: 60 | Square Footage: 2200 sq. ft. | Parking: street and public lots | Licenses Required: Health Dept. ABC, City Business License | Days Open/Hours: Tues-Fri 11:30 am-2:30 pm, Tues-Sunday 5:30 pm- 10:00 pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $774,000 | call for info

LEASE INFORMATION:
Monthly Rent: 11500 triple net included | Lease Expiration: August 2021 | Lease Option: negotiable |

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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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