South Orange County-Restaurant & Bar Type 47 Plus Craft Beer Sales

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Asking Price:
$295,000

Gross Revenue:
$1,259,748
Cash Flow:
$136,896
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

South Orange County-Restaurant & Bar Type 47 Plus Craft Beer Sales-Great Lease-Patio-Live Music

RRC#: 3280
Asking Price: Offered At $295,000
Location: Los Angeles County
Annual Revenue: $1,259,748
Annual Cash Flow: $136,896
Monthly Rent: $10,000

Listing Description:
Handsomely remodeled 3800 sq. ft. full-service restaurant & bar with large patio, full liquor & live music. Located in a prime shopping center with below market rent! Features a large bar with 16 beers on tap, inviting d├ęcor, wall booth seating, high top tables and chairs plus, booth seating. Perfect for family dining, sports bar and happy hours. Serving up American and Italian fare daily for lunch and dinner. Including: burgers, steaks, pizza, appetizers etc. Seating for 102 indoors and 60 outside. Craft Beer sales makes up 30% of all sales! Offers a well- equipped kitchen with new equipment, walk in cooler, hooded cook line, POS system, sound and security system, plus storage. Highly visible patio with couch and table seating. Lots of foot traffic and ample parking. 10 miles from the beach. Can easily convert to a counter order restaurant. They also offer catering. Great reviews across the board. Well equipped kitchen includes; 2 hoods, double stacking pizza ovens, 2-double fryers, stove top with oven, grill, walk in cooler, salamander, refrigerated prep station, meat slicer. Separate dish washing area, storage area, prep area and office.

General Information:
Organization: Contact For Info
Established: January 2018
Current Owner: 2017
Employees: 20
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $104,979
Monthly Cash Flow: $11,408
Annual Revenue: $1,259,748
Annual Cash Flow: $136,896
Payroll: $25,000
Monthly Revenue: $104,979
Monthly Cash Flow: $11,408

About the Business

Location:
Los Angeles, California

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Listing Info

ID:
1619875
Ad Detail Views:
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Business Listed by

Teri Craft

Restaurant Realty Company
License# 01345105

 Show Phone Number

View My 29 Active Listings
Sponsoring Broker:

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA
Restaurant Realty Company
License# 00976818


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