Restaurant, Bar, Catering
Location: California > Los Angeles County > West San Fernando Valley
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $1,250,000
Gross Revenue: $1,000,000
Cash Flow: $400,000
Inventory: $38,000 (Not Included in Asking Price)
Business Summary
Very profitable Restaurant/Full Bar and Catering Business Located in A Hotel in West San Fernando Valley. Restaurant has #47 Liquor License and seats 88 people. Bar equipped with Arcade games is a popular hang out for local patrons. Restaurant serves lunch and dinner 7 days/week. Breakfast and expanded pool service can bring in additional revenue. Catering Business delivers lunch to 3 Adult Day Care Centers Monday through Friday with 1250 to 1500 meals a week. Catering to ADHCs for over 7 years. Annual revenue of one million dollars with net profit of $400,000. 75% of revenue from Catering and 25% from Restaurant & Bar. Price is $1.25 million. Great business opportunity for an experienced operator. For more information, please visit www.SunbeltCa.com print complete and fax a Confidentiality form to (818) 668 8597 and contact Rashid Khalid at (818) 342-5222 ext. 324
About the Business
Year Established: 1997
Employees: 5 full time -
About the Sale
Management Training and Support: 4 weeks at 40 hours per week following the close of escrow.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:922007
Seller ID:11899SFV
Business Listed By
Name:Rashid Khalid
Company:Sunbelt Business Advisors
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