Pasadena Area Restaurant with Beer, Wine & Patio!

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$99,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pasadena Area Restaurant with Beer, Wine & Patio! Broker: Robert Rodriguez

Quick Facts

Asking Price: $99,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 90504929
Broker Reference #: PasMatt

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Business Overview:

This highly attractive Pasadena area restaurant with patio sale includes the well-appointed venue’s buildout and beer and wine in a prime location. The versatile, contemporary-California design offers spacious indoor and outdoor seating, an open kitchen and a customer embraced bar that showcases beer, wine, coffee, baked goods and ice cream. The facility includes a large kitchen with a full line and pizza oven, as well as a separate hood with additional baking ovens. The restaurant is located in one of Pasadena’s most sought after communities with excellent visibility and thriving, well-known neighboring tenants. This attractively priced venue is nearly turn-key, given its flexible layout coupled with its versatile design aesthetic. Given the cost to replicate such a place, this should be embraced by those with a suitable concept!

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

The 3,674 square foot facility leases for approximately $12,500 including common area maintenance (CAM) expense on a lease through 2024 with a five year option. The sale includes all of the furniture, fixtures and equipment as well as the beer and wine license. The name, menu, exact concept, website and brand are not included in the sale. The facility and its assets are deemed to be in excellent condition.

Market Competition and Expansion:

Competition is considered to be medium to high as other restaurants exist in this popular hospitality zone. The location benefits from its convenient access to some of Pasadena’s favorite communities including San Marino. The facility, assets, buildout, location and price make this a prime opportunity for the restaurateur who wishes to make a big splash in the Pasadena market with a minimum initial out of pocket expense. The location could flourish with any number of concepts.

Reason for Selling:

Personal

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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