Profile: Ultra Modern Hillcrest Restaurant & Lounge With Patio.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Robert Rodriguez, Agent
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| Primary Phone: |
310-652-8353 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/19/09 |
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| Date Last Revised: |
10/19/09 |
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| BizBen Ad #: |
128346 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$400,000 |
| Down Payment: |
$400,000 |
| Annual Revenue: |
$1,800,000 |
| Annual Adjusted Net: |
$200,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Ultra Modern Hillcrest Restaurant’s Urban Chic Design Exemplifies Style, With Substantial Substance. Carefully Designed And Constructed With Top Of The Line Furniture, Kitchen Equipment And Sound System, This Remarkable Restaurant Includes A Wine Cellar, Dual Kitchen Line, Walk-In Refrigeration, Private Party Room, Outdoor Patio, Lounge, Office And Plenty Of Storage Space. The Restaurant’s Ideal Location, In A Stand-Alone Building With Main Street Exposure Gives It A Significant Advantage Over Other Area Restaurants.
This Business Is Housed In A 5,000 Square Foot Facility With A Monthly Lease Rate Of 11,000. The Sale Includes All The Furniture, Fixtures And Equipment Of The Restaurant, Which Are Less Than 2 Years Old, As Well As A Full Liquor License. All Of The Equipment Is In Excellent Condition. The Sale Does Not Include The Name, Website Or Menu.
Competition Is High As Hillcrest Is Known For Quality Restaurants With A Bit Of An Edge. This Is An Excellent Location In A Growing Area, With A Lease Rate Substantially Below Market Rate.
As This Restaurant Has Already Demonstrated Its Potential For Success, The Layout May Be Re-Designed To Expand Or Relocate The Bar To Create A More Conducive Environment To Cater To The Late Night Drinking Crowd. The Ideal Location, Buildout And Market Potential Should Provide A New Owner With A Modified Concept The Ideal Opportunity For Success.
Please Note That It Is Necessary For All Prospective Buyers To Fill Out A Non-Disclosure Agreement As Well A Buyer Profile Not Only Indicating Ability To Purchase, But Identifying Where Funding Will Come From. Requests For Specific Data Without Such Will Not Be Entertained, Nor Will Responses Such As Not Applicable, Bank Loan (Without Indicating % Down), Or Investors. This Opportunity Is Not Available For Co-Broker At This Time.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Robert Rodriguez, Agent at 310-652-8353 |
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