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Businesses For Sale > Business For Sale in Los Angeles County, California (CA)

**Price Reduced** Popular Bar & Grill With Full Liquor License!

Los Angeles County, California (CA)

Asking Price: Gross: Cash Flow:
$1,050,000 $1,796,000 $103,000

Inventory Value:
$10,000 (not included in the asking price)

Business Summary:
This well-established restaurant has been a popular family eatery for over 21 years! It has been frequented by celebrities and featured in several movies! Located in Los Angeles County, the restaurant is situated in a free-standing building in a major shopping center . Heavy foot and car traffic is generated by the national restaurant chains and retail anchors in the center. The restaurant has great exposure from a major freeway where 300,000 cars drive by everyday! Within the restaurant’s approximate 5,500 square feet, there are three dining areas, which seat 160, and a room for private parties, which can seat up to 60. A large patio seats an additional 45. The restaurant has a separate bar area and type 47 liquor license. There is also a DJ room, where a live DJ plays the latest hits, and emcees karaoke on Friday and Saturday nights. Six (6) plasma screens also make it a fun place to watch the latest music videos, as well as college and professional ball games. The menu has something for everyone – pizzas, burgers, sandwiches, salads, Mexican food, chicken, fish, steaks, and ribs. The dessert selection includes fun soda fountain favorites, such as shakes, malts, floats and sundaes! A state-of-the-art surveillance system allows owner to monitor the restaurant from his home or office – or anywhere in the world! The owners are selling because they are too busy with their other business. The buyer has the option to lease or buy the real estate, which may be purchased for $3,995,000. Sale excludes restaurant name.

 

   
Year Business was Established: 1987
   
Number of Employees: 10 FT/ 30 PT  
   
Owner willing to train: 2 weeks at 20 hours per week  
   
Reason for selling: Too busy with other business  
   
Seller Reference Number: L1221
BusinessMart.com Listing Number: 42952
 

 

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**Price Reduced** Popular Bar & Grill With Full Liquor License! For Sale in Los Angeles County California

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For more info contact:

Alan Lippincott

BestSoCal Business
562-795-0500

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