Upscale Restaurant in Old Town Pasadena

Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,250,000

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real EstateNot Disclosed

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Upscale Restaurant in Old Town Pasadena


Asking PriceNot Disclosed

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,250,000

InventoryNot Disclosed

FF&E$450,000
Included in asking price
Real EstateNot Disclosed

Business Description
An exceptional and rare opportunity to acquire a turnkey restaurant featuring a brilliant new concept: Seasonal Seafood and Mediterranean Fusion. Originally established under a different model, the restaurant was completely transformed by the current owner-operator—a Michelin-trained Chef—who conceptualized, launched, and refined a sophisticated yet accessible menu that has captured the local culinary scene.
This business is ideal for an ambitious chef looking to step into a Michelin-caliber kitchen setup, or an investor looking for a proven concept with high margins, or a hospitality group seeking a flagship location with immediate brand equity

Location & Property Highlights:
• Situated along an established, high-visibility dining strip in Old Town Pasadena.
• Visibility: Strong street frontage and easy customer access.
• History: Long-running, permitted restaurant legacy space.

Operational & Concept Details
• Cuisine: Seasonal Seafood and Mediterranean fusion.
• Specialty: Popular house-aged fish menu items drawing a loyal regular clientele.
• Buildout: Complete top-to-bottom luxury remodel completed in 2024 with a $2M capital investment.
• Type 47 Liquor License

Space
• 5303 square feet: street level
• 1320 square feet: basement-storage
• Indoor seating: 150 people.
• Bar sits 15 people
• Patio Seating: 20 people
Fixtures & Equipment
• Complete list will be provided upon receipt of LOI
• All refrigerators are remote
• Aged fish on locations
• Aging refrigerator

Lease Term
• Monthly Rent: $20761.81
• CAM Charges: $5678.36

Staff
• 24 Part Time employees
• 6 full Time Employees
(1 chef & 3 cooks)

Financials
• Annual revenue
• 2024 - $2,479,000
• 2025 - $2,264,000
• 2026 six month to date $994,500
Interested parties can review seller financials with Proof of funds & executed NDA. No SBA Loan and No Seller financing is available.
About the Business
Years in Operation
2
Employees
30 (6 Full-time, 24 Part-time)
Currently Relocatable
Yes
Facilities & Assets
outdoor patio sits 20 people. Bar sits 15 people. Bar has 4 tabs.
Opportunities for Growth
aggressive marketing/advertising. Add a weekly music band
About the Sale
Seller Motivation
Seller will focus on other food business unrelated to this business
Transition Support
Orientation will be provided during escrow period
Financing Options
None
Listing Info
ID
2541960
Listing Views
Attached DocumentsAttachment Disclaimer

NDA-SPK Realty.pdf


Listing ID: 2541960 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.


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