Iconic Amazing Corner Location Restaurant & Bar
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Amazing corner location with high traffic counts and great visibility. Freestanding Restaurant and Bar Business. Business established for Decades with the same Owner for 35 years. This special location has been a staple in the neighborhood forever and will benefit from a refreshing or cosmetic remodel and fresh blood in ownership, to revitalize the current concept or bring in your own new concept. A large kitchen area will accommodate any restaurant concept.
Large building of approx. 8,000 SF. New long-term lease available to buyer. The restaurant dining room has a seating capacity of 150 and the separate Bar/Lounge area of 60+.
There is currently an SBA EIDL loan in place of approx. $200k balance at 3.75% interest with a monthly payment of only $1,140. Buyer can assume this loan and put the balance of the purchase price up in cash or pay all cash and have no loans.
Bring your idea and an offer.
Large building of approx. 8,000 SF. New long-term lease available to buyer. The restaurant dining room has a seating capacity of 150 and the separate Bar/Lounge area of 60+.
There is currently an SBA EIDL loan in place of approx. $200k balance at 3.75% interest with a monthly payment of only $1,140. Buyer can assume this loan and put the balance of the purchase price up in cash or pay all cash and have no loans.
Bring your idea and an offer.
About the Business
- Years in Operation
- 64
- Employees
- 24 (10 Full-time, 14 Part-time)
- Facilities & Assets
- Approx. 8,000 SF freestanding building on an amazing high traffic corner location in a very desirable city near the LA / OC County border line.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,000
About the Sale
- Seller Motivation
- Owner retiring after 35 years at this iconic location.
- Transition Support
- as needed
- Financing Options
- $200,000 assumable SBA EIDL loan at 3.75% , $1,140 mo. payment
Listing Info
- ID
- 2526545
- Listing Views
- 39
Listing ID: 2526545 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
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