$1,550,000.00
Asking Price
Status: Active
Posting ID: 285314
2/22/24
Description
This is your classic family-owned restaurant and sports bar located near the border of Orange and Los Angeles counties. They serve three meals on most days, featuring a large menu with a wide variety of food. The theme is sports memorabilia; the vibe of the restaurant is very much the cool, happening neighborhood scene.
The bar has a nice walk-in cooler (plenty of space for kegs), barstool seating, flat screen televisions both inside & outside for all the sporting events, and plenty of taps. The kitchen is well-equipped, with all stainless steel equipment including a walk-in refrigerator, ice machine, plenty of new reach in coolers, an 18+ ft wide hood, multiple stainless steel sinks, and a huge floor standing mixer. There is plenty of seating, both indoors and on the outdoor patio, to host public and private events. They have all the classic bar activities: karaoke, dancing, a pool table, a Lottery license, a jukebox, a small game room, and a license for live entertainment. Plus, the outside patio is licensed to serve alcohol -- a community treasure! Finally, the business keeps great books and records.
The owners have finally hit retirement age and are looking to pass their beloved restaurant on to a worthy successor. The restaurant is highly profitable as is, but there is still plenty of room for growth. Host more live entertainment to attract crowds: current owners only have entertainment a few times/year. They host plenty of events (which the locals attend), but don’t regularly advertise or market to bring in new customers. Improve the restaurant’s social media presence to attract a new demographic. The current owners don't pursue catering, despite a strong demand.
This sports bar and restaurant ticks all the boxes for our restaurant owners – highly profitable, licensed outdoor patio, and fully licensed entertainment. If you’ve been looking to expand into the restaurant space, this may be the perfect opportunity for you. Questions? Reach out to the Agent today!
To get more information about this Restaurant And Sports Bar - Family Style, Classic business for sale in Los Angeles County please phone Tony Magana (Agent - BRE License #:00943174) at 714-345-8669 and 714-734-9101 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285314 on BizBen.com. In addition to phoning Tony Magana, make sure you email Tony Magana above to get more info about this Restaurant And Sports Bar - Family Style, Classic, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01926680. BottomLine Business Brokers.
Contact
Details
Asking Price: $1,550,000.00
Down: Call/Email
Cash Flow: $429,804.00
Revenue: $1,993,956.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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Revenue
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Cash flow
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Down
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Revenue
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Cash flow
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Revenue
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Space Being Rented
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Year Built
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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