Profile: There Is A Lot Of Untapped Potential In This Full-Service Steakhouse And Bar!
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$549,000 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
$1,333,734 |
| Annual Adjusted Net: |
$209,478 |
| 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: |
Yes |
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Description:
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There Is A Lot Of Untapped Potential In This Full-Service Steakhouse And Bar Located In A Southern California Mountain Resort. The Establishement Has Been A Tradition In The Area For Many Years. The Food Is Delicious And Hearty With A Relaxed And Fun Atmosphere.
The Restaurant Is Open Seven Days A Week For Lunch And Dinner. Annual Sales Are ~1.33 Million With An Adjusted Cash Flow Of ~210K.
Bar Sales Could Be Increased Substantially By Extending The Bar Hours Past The Current 9:00/10:00 Closing Times And Adding Live Entertainment. There A Full Liquor License. Food Sales Could Also Be Increased By Adding A Breakfast Shift.
The Restaurant Is In A High Visibility Stand-Alone Building. There Is A Great Lake View From The Restaurant And Outside Patio. There Is Ample Parking On-Site As Well As Additional Off-Site Parking. The Building Is Approximately 3060 Square Feet. The Restaurant Currently Seats 72 In The Main Dining Area, 42 In The Bar Area And 40 On The Outdoor Deck (Seasonal). Additional Seating Could Be Added.
The Restarant Is Mostly Employee Run With The Owner Working About 20 Hours Per Week. The Location Is Exceptional And There Is Conversion Potential To Other Concepts.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Clement Pellani, Agent at 714-224-7300 |
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