Business For Sale

Highly Improved Restaurant with liquor license

Agoura Hills, CA
Los Angeles County

Asking Price: Annual Revenue:
$299,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Improved Restaurant with liquor license Broker: Michael Cole
License #: 01417096

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 526635994
Broker Reference #: LA0377

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Business Overview:

Highly improved restaurant with full liquor license (type 47) in Agoura Hills with too many upgrades to mentioned. The purchase price includes a large impressive list of furniture, fixtures, equipment, POS system, liquor license and more. Over 6,000 square feet+/- space with four distinct room venues within the restaurant including a large impressive 1,000 square feet +/- patio area that can host a variety of events including lunch meetings, corporate functions, rehearsal dinners, happy hour, and birthdays. As per seller, the restaurant can accommodate up to 300 people. There is a large bar area with several TV. There is also an impressive, large kitchen with everything you would need to create a state of the art restaurant. Hundreds of thousands of dollars have been spent in this space and it is turn-key.

The landlord will cooperate on a new lease for a qualified buyer with strong credit and experience. Landlord has indicated that they will provide a reasonable base rent or % of gross type lease. Final terms to be determined based on tenant’s creditworthiness and experience. There is ample parking with the center as well as just outside the center on the street. This is considered a prime area away from residence. As per the seller, the liquor license should offer the ability to provide entertainment (buyer to verify)

This business is being priced and sold at a reduced value and as a Sale of Assets in Place with limited or no books and records due to a partnership dissolution. This is an ideal scenario for someone looking to implement your own concept. The business will be delivered free and clear of any liens. Any figures above or in the package are as per the Seller and Broker has not verified. Buyer to complete their own investigation during Buyer’s Due Diligence period and prior to opening escrow. This is a rare opportunity to purchase a highly improved, turn-key restaurant with a full type 47 liquor license at an incredible price. Only serious buyers with the ability to show proof of funds in the amount of the asking price should inquire. This must be an all cash deal at this price and no financing is available.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement, background information and proof of funds in the amount of the asking price has been submitted. Please hit the reply button or the Contact Seller button or email to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Located on a major street with excellent visibility. Highly improved with a large kitchen, dinning area and patio.

Reason for Selling:

Partnership Dissolution.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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