Steak & Seafood Restaurant - Full Liquor & Patio

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$289,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Steak & Seafood Restaurant - Full Liquor & Patio Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $289,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 10
BBN Listing #: 95155232
Broker Reference #: 4728 BY

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Business Overview:

Pacific rim cuisine made with locally sourced ingredients with full liquor.

Located well known prime location & large shopping center.

Banquets and parties. Next to movie theater and other anchor retailers.

Large patio with 50 seats next to water fountain & semi room for parties.

Same owner for 21 years and wants to retire.

Major monthly expenses: credit card: $1,400, utilities: $1,900, insurance: $650, telephone: $230.

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Reason for Selling:

Retire

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.

Documents:

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