Restaurant And Billiard Club For Sale - LA Area, California      
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Restaurant And Billiard Club For Sale - LA Area, California


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Profile: 60-Year Old Southern California Restaurant And Billiard Club.

Ad/Listing Information
Status: Off The Market
State: California
Location: LA Area
Area: Los Angeles County Area
County: Los Angeles
City: None Given
Primary Category:   Restaurant Related
Secondary Category:   None Given
   
 
 
 
 
 
 
  
 
Financial Information Detailed Information
Asking Price:      $1,750,000
Down Payment:      $1,750,000
Annual Revenue:      $1,500,000
Annual Adjusted Net:      $350,000
Price Range:      $1 Million to $2 Million
Franchise:      No
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call


Description:
This Is A Chance To Own A Piece Of History. This 60 Year Old Restaurant And Billiard Club Is A Southern California Institution. It Has Posted Consistant Revenue And Profit Growth Year After Year, And Still There Is Potential Upside In The Hands Of A Strong Owner/Operator. EBITDA Has Been North Of 300,000 For The Past 10 Years! The Business Is Located On One Of The Premier Retail Streets In LA County, Has 14 Years Remaining On Lease And Is In Great Condition! Current Owner Is Absentee And Has Strong Management In Place To Run The Business. Fullly Transferable No 47 Liquor License. Exeperienced Owners Only. Qualified Buyers Should Contact Seller Through Email.