Profile: Massive 7100sqft 47-Liquor Italian Restaurant In Woodland Hills.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Rick Carlson, Agent
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| Primary Phone: |
800-985-4939 X134 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
8/27/08 |
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| Date Last Revised: |
8/27/08 |
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| BizBen Ad #: |
119143 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$529,000 |
| Down Payment: |
$529,000 |
| Annual Revenue: |
$600,000 |
| Annual Adjusted Net: |
$180,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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One Of A Kind Opportunity To Own A Massive Enterprise In The San Fernando Valley. Buy Now For The Summer Wedding Reception And Graduation Party Rush! Inside There's A Romantic Open-Air Patio That Can Be Used For Receptions And Other Parties That Go Perfect For The Catering/Reception/Private Party Hosting Side Of The Business. Patio Is A Spacious 2200 Square Feet And Includes 17 Tables Of 2/4/6 Depending On Arrangement And Need. Inside There's A Full Bar, And The Bartenders Make Delicious Libations. Full 47 License With Transfer Of Business, Capable Of Serving 11am-12:30 Am\. Owner Has Not Capitalized On The Potential Of This Restaurant, He's Tired And Ready To Retire, So His Lack Of Focus And Energy Is Your Gain! Only Open 6 Days Per Week From 4pm-10pm Tues-Thurs, Fri&sat 4-11pm/1am/3am Depending On Function. Plenty Of Parking Available, So You Don't Have To Worry About Your Customers Circling Aimlessly And Giving Up And Going Somewhere Else. Rent Is A Very Fair 7600 Per Month, And Locked Up In A Long-Term 7.5 Year + One 5-Year Option. 200 Additional For Parking Option Next Door. 10K+ In Liquor And Food Inventory Included In Sale, 150K FF&E For This Gorgeous Buildout. People Talk, But Truly This Restaurant Needs To Be Seen To Absorb The Sheer Size And Potential Of This Location. Gross Sales Range In 50K+, Net Is 15K+ Depending On Makeup Of Catering/Party Rental/Standard Restaurant Operations. Owner Willing To Train New Owners Extensively To Share Recipes To Ensure Smooth Transition. No Seller Carry, He Want To Go To The Caribbean, Sorry! Please Contact Agent For Non-Disclosure, Available Via Fax On Demand: 800-985-4939, Extension #2, Follow Prompts To Have Document Faxed To You Directly. All Forms Must Be Signed Prior To Address Release.
Please Visit www.valleybizbuy.com For More San Fernando Valley Listings!
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Rick Carlson, Agent at 800-985-4939 X134 Non Disclosure Agreement |
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