Business For Sale

Pasadena Restaurant w/Beer, Wine & Sidewalk Patio!

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$99,000 $1,560,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pasadena Restaurant w/Beer, Wine & Sidewalk Patio! Broker: Ryan Clark

Quick Facts

Asking Price: $99,000
Annual Revenue: $1,560,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 63314929
Broker Reference #: PasArgen

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Business Overview:

This Pasadena area restaurant boasts a highly attractive build-out, indoor to outdoor sidewalk seating, a beer and wine bar with seating for at least 6 patrons, high ceilings and fantastic street visibility. The spacious kitchen has two stoves, two deep fryers, two large grills, an ice machine, dishwasher and a three bucket since and a large walk-in cooler. There is onsite parking for senior staff or a few patrons.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 2,200 square foot restaurant leases for $15,000 per month, on a secure lease with options to be negotiated. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included.

Market Competition and Expansion:

Pasadena is a popular area with several competing restaurant concepts. As such, competition certainly exists however this venue’s stellar location with excellent street visibility, build-out, beer and wine license and sidewalk seating provide it a sustainable competitive advantage over several competing locations. New operators will wish to capitalize on this proven location’s build-out and entitlements to launch any number of viable 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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