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Claremont, Los Angeles County, California
American Bar & Grill, large covered patio, low rent
Asking Price
$879,000
Revenue
$1,725,000
Down
Call/Email
Cash Flow
$365,000
Description
Please provide your resume and proof of funds, such as bank statements or brokerage account details. Once we receive the completed NDA, proof of funds, and resume, we will arrange a call with you.
CONFIDENTIAL INFORMATION MEMORANDUM
FULL-BAR RESTAURANT WITH LARGE COVERED PATIO
San Gabriel Valley, California
Investment Highlights
Absentee-Run Restaurant Generating Approximately $265,000 in Annual Cash Flow
An exceptional opportunity to acquire an established restaurant in the desirable San Gabriel Valley featuring a full bar, spacious covered patio, and exceptionally low rent of only $6,000 per month.
The restaurant occupies approximately 1,200 square feet of interior space, complemented by an additional approximately 1,200 square feet of covered patio, creating approximately 2,400 square feet of combined indoor and covered outdoor customer-use area.
The business is currently operated on a fully absentee basis and generates approximately $265,000 in annual cash flow after paying approximately $100,000 per year for management.
For an owner-operator who elects to assume the management responsibilities currently performed by the paid manager, the approximately $100,000 management expense represents additional potential owner benefit, resulting in approximately $365,000 of potential annual cash flow before considering any changes in operating expenses or owner-specific compensation structure.
Financial Opportunity
Financial Metric Amount
Current Annual Cash Flow $265,000
Current Manager Compensation Approximately $100,000/year
Potential Owner-Operator Benefit Approximately $365,000/year*
Property & Lease Highlights
• Combined Interior & Covered Patio Area: Approximately 2,400 SF
• Monthly Rent: Only $6,000
• Lease Remaining: Approximately 4 years
• Extension Options: Available
• Full Bar: Existing full-bar operation
• Large Covered Patio: Approximately 1,200 SF
• Current Operation: Fully absentee-managed
• Current Annual Cash Flow: Approximately $265,000
Full Bar & Covered Patio
The existing full bar provides an additional revenue channel and allows the business to capitalize on beverage sales, cocktails, beer, wine, and other bar offerings.
The approximately 1,200-square-foot covered patio is another significant component of the opportunity. The patio provides substantial additional customer-use space and can be utilized for:
• Outdoor dining
• Private parties
• Special events
• Group dining
• Brunch
• Happy-hour programs
• Entertainment
• Catering-related activities
All uses remain subject to applicable lease, zoning, licensing, and regulatory requirements.
• Investors seeking an absentee-run business
• Operators looking to capitalize on existing bar and patio infrastructure
For an experienced restaurant operator, the opportunity to acquire an already functioning operation while potentially replacing a $100,000 management expense with owner involvement can materially change the economics of the business.
Confidentiality: This offering is presented confidentially to qualified purchasers. Financial statements, tax returns, lease documents, liquor-license information, equipment lists, and other due-diligence materials should be made available to qualified buyers subject to appropriate confidentiality requirements. All financial information and operating figures are subject to buyer verification during due diligence.
CONFIDENTIAL INFORMATION MEMORANDUM
FULL-BAR RESTAURANT WITH LARGE COVERED PATIO
San Gabriel Valley, California
Investment Highlights
Absentee-Run Restaurant Generating Approximately $265,000 in Annual Cash Flow
An exceptional opportunity to acquire an established restaurant in the desirable San Gabriel Valley featuring a full bar, spacious covered patio, and exceptionally low rent of only $6,000 per month.
The restaurant occupies approximately 1,200 square feet of interior space, complemented by an additional approximately 1,200 square feet of covered patio, creating approximately 2,400 square feet of combined indoor and covered outdoor customer-use area.
The business is currently operated on a fully absentee basis and generates approximately $265,000 in annual cash flow after paying approximately $100,000 per year for management.
For an owner-operator who elects to assume the management responsibilities currently performed by the paid manager, the approximately $100,000 management expense represents additional potential owner benefit, resulting in approximately $365,000 of potential annual cash flow before considering any changes in operating expenses or owner-specific compensation structure.
Financial Opportunity
Financial Metric Amount
Current Annual Cash Flow $265,000
Current Manager Compensation Approximately $100,000/year
Potential Owner-Operator Benefit Approximately $365,000/year*
Property & Lease Highlights
• Combined Interior & Covered Patio Area: Approximately 2,400 SF
• Monthly Rent: Only $6,000
• Lease Remaining: Approximately 4 years
• Extension Options: Available
• Full Bar: Existing full-bar operation
• Large Covered Patio: Approximately 1,200 SF
• Current Operation: Fully absentee-managed
• Current Annual Cash Flow: Approximately $265,000
Full Bar & Covered Patio
The existing full bar provides an additional revenue channel and allows the business to capitalize on beverage sales, cocktails, beer, wine, and other bar offerings.
The approximately 1,200-square-foot covered patio is another significant component of the opportunity. The patio provides substantial additional customer-use space and can be utilized for:
• Outdoor dining
• Private parties
• Special events
• Group dining
• Brunch
• Happy-hour programs
• Entertainment
• Catering-related activities
All uses remain subject to applicable lease, zoning, licensing, and regulatory requirements.
• Investors seeking an absentee-run business
• Operators looking to capitalize on existing bar and patio infrastructure
For an experienced restaurant operator, the opportunity to acquire an already functioning operation while potentially replacing a $100,000 management expense with owner involvement can materially change the economics of the business.
Confidentiality: This offering is presented confidentially to qualified purchasers. Financial statements, tax returns, lease documents, liquor-license information, equipment lists, and other due-diligence materials should be made available to qualified buyers subject to appropriate confidentiality requirements. All financial information and operating figures are subject to buyer verification during due diligence.
To get more information about this American Bar & Grill, large covered patio, low rent business for sale in Claremont, California please contact STEVE TORABI (Broker - BRE License #:02022773) at admin@pacificrb.com or +19494270414
Business Details
Year Established:
2020
Employees:
24
Reason for sale:
Retiring
Support & Training:
Yes, up to 3 weeks at closing.
Property Information
Size in Square Feet:
2,400 sqft
Lease Terms:
4 yrs plus options
Lease & Tenant Information
Lease Options:
$6,000
Posting Information
Posting ID:
1122220
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Bar, Pub, Sports Bar, Lounge, Tavern
Bistro
Attributes:
Absentee Run
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
American Bar & Grill, large covered patio, low rent
Posting ID
#1122220
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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