Status: Off The Market
Posting ID: 276971
$150,000
Asking Price
NOTE: This BizBen Posting #276971 Restaurant Bar And Grill - Absentee Run in Azusa, Los Angeles County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Description
For sale is a great opportunity to own a 100% absentee owned and 100% employee-operated. This business establishment with ample seating capacity attracts patrons for a quick business lunch to a fun-filled night out with friends and family. Upon arrival, this establishment pampers its guests with a selection of draft beers on tap, a mouthwatering menu, music, and flat-screen televisions, providing an enjoyable entertainment atmosphere.
Current ownership dedicates almost no time and resources to the advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues, and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
The seller lives out of town. The business is 100% absentee owned and 100% employee operated. Sellers maintain a full complement of staff with high payroll-related expenses, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll-related expenses. The business is located in a busy shopping center ensuring a large volume of vehicle and foot traffic. 100% absentee ownership, full complement of staff, low down seller financing, busy major street location along with the opportunity for expansion and growth presents an attractive acquisition opportunity.
Financial Highlights (Revenues F.Y. 2022):
January: $52,997
February: $55,023
March: $63,694
April: $54,476
May: $41,903
June: $35,638
July: $33,086
August: $35,305
September: $29,844
Selling Price: $150,000.00 Plus Inventory
Down Payment: $50,000.00 Plus Inventory
Seller Financing: $100,000.00 at 5% Interest for qualified buyer.
Reason for Sale: This Business is 100% Absentee Owned and 100% Employee Operated/Distance from home base.
Hours of Operation: 11am - 8:00pm+/-
Full-Time Employees: 4; Part-Time: 9
Hours Owner Works: 100% Absentee
Site/Lease
Building: Seats: 75+/- Parking: Ample
Current Rent: $5,000.00 + $1,300(CAM)
Lease Expires: Jan 2026, Options: 5+5
Building Size: 2500 SqFt+/-
Details
Asking Price: $150,000
Down: $50,000
Cash Flow: Call / Email
Revenue: Call / Email
Area: Azusa, Los Angeles County
City: Azusa
Attributes:
Cash flow
$Call/Email
Revenue
$1,020,000
Down
$150,000
Posting: 277355 | Available | 5/26/23
For sale is a great location in the dynamic and affluent community of Belmont Shore, Long Beach. Currently, the store is open 6 days a week because of employee shortage, and its monthly sale is about $85,000. The size of the restaurant is about 1,600 sq. ft. with a storefront patio.
Asking Price
$325,000
Cash flow
$Call/Email
Revenue
$600,000
Down
$759,000
Posting: 270075 | Available | 5/24/23
For sale is a popular billiard bar with a full liquor license in Santa Clarita: eat, drink, play, & watch the game! It is a safe and comfortable place to hang out with friends for fun. Patrons experience good vibes playing pool. It is a great place to unwind after work.
Asking Price
$750,000,
Cash flow
$121,000
Revenue
$576,000
Down
$399,000
Posting: 278600 | Available | 3/4/23
Jinky's Coffee Shop/Restaurant in a highly visible corner location in Santa Monica Promenade. Ocean view from the front of the shop. Newly established for approximately 2 years. Previously was a Coffee Bean and Tea Leaf store. Lots of potential to grow. Lunch and dinner items can be added.
Asking Price
$499,000
Cash flow
$402,302
Revenue
$2,812,461
Down
$Call/Email
Posting: 272553 | Available | 3/19/22
This Silverlake area restaurant and bar with liquor, onsite parking, excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The restaurant has 2 separate interior dining areas that open into an adjacent 12-seat bar as well as its outdoor patio and manager
Asking Price
$795,000
Cash flow
$81,060
Revenue
$360,000
Down
$170,000
Posting: 278920 | Available | 5/19/23
For sale is an established Indian restaurant with a beer & wine license in an affluent Torrance, LA County area, with an excellent reputation. This restaurant is well known for its authentic Indian menu and has a loyal following of patrons who count it among their favorite dining spots.
Asking Price
$170,000
Cash flow
$Call
Revenue
$Call
Down
$75,000
Posting: 255104 | Available | 10/7/20
1,100 sq. ft. Restaurant for sale. It's a brand new building with new kitchen equipment. This nice Korean restaurant can be converted to any kind of restaurant like Mexican restaurant, Teriyaki, Chicken and so forth. Qualified buyer can obtain 5 year plus 5 year option to renew. Asset Sale for $75K.
Asking Price
$75,000
Cash flow
$Call/Email
Revenue
$4,588,612
Down
$2,400,000
Posting: 279813 | Available | 5/9/23
This is a high-grossing restaurant & banquet facility along with outside catering for sale. The restaurant and real estate will sell together. It is appropriate for experienced restaurateurs/event planners. This is a full-service restaurant with a type 47 liquor license and banquet facilities.
Asking Price
$8,000,000
Cash flow
Call / Email
Revenue
$630,000
Down
$200,000
Posting: 272031 | Available | 12/10/22
For an as-is sale is a ramen restaurant at a good location in Los Angeles County. It is 1,000 sq ft. and they have a good rent system. It is absentee-run and the asking price is $200,000.
Asking Price
$200,000
Cash flow
$67,140
Revenue
$584,400
Down
Call / Email
Posting: 276835 | Available | 11/26/22
For sale is a well-established Waba Grill located in a very busy area with lots of office buildings. It is well-maintained and still has good equipment. It has a reasonable rent of $6,500/month for the size of 1,820 sq ft. There is a 2+5+5 lease term. There is a heavy lunch crowd.
Asking Price
$235,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 277762 | Available | 5/18/23
A fully-built-out sushi restaurant with a six-year track record and high customer ratings. Includes Type 41 liquor license. Walk-in cooler/freezer combo. Very favorable lease with 4 years remaining plus two 5-year options. Near two large university campuses.
Asking Price
$300,000
Cash flow
$204,000
Revenue
$840,000
Down
Call / Email
Posting: 269812 | Available | 12/27/22
This is a great opportunity for an aggressive owner-operator to take over this well-established and outstanding burger business and take it to the next level. The burgers here are exceptional and amazingly delicious and they are always consistently fresh and out of this world and second to none.
Asking Price
$450,000
Cash flow
$180,000
Revenue
$1,068,000
Down
$200,000
Posting: 247980 | Available | 10/7/20
Seafood Restaurant for Sale in Los Angeles County, which is located at the prime location. Easy to run , absentee run by employees. Gross monthly income: $90,000. Net monthly income:$15,000. 3,000 sq.ft. Monthly Rent $6,000. ABC License Type 41.
Asking Price
$450,000
Cash flow
$300,000
Revenue
$1,200,000
Down
$Call/Email
Posting: 280840 | Available | 5/22/23
This is a high volume Dickey BBQ restaurant for sale in Lancaster of Los Angeles county. Annual sales are around $1,200,000 with a semi-absentee run owner. All their barbecued meats are smoked on-site in a hickory wood-burning pit. They can bring your food by contactless doorstep delivery.
Asking Price
$350,000
Cash flow
$244,781
Revenue
$1,204,990
Down
$649,000
Posting: 233667 | Available | 5/24/21
This celebrated Beverly Hills area restaurant with beer, wine and sidewalk seating has established a strong reputation for its award winning European cuisine. The venue boasts fantastic street visibility in a highly popular shopping district and employment center (not in the Golden Triangle area).
Asking Price
$649,000
Cash flow
$Call/Email
Revenue
$360,000
Down
$125,000
Posting: 270778 | Available | 5/24/23
This is a prime location with great exposure on the major boulevard. It is centrally located in the middle of residential, commercial, and retail. It is also surrounded by large institutions; the courthouse, police department, car dealers, queen of the valley hospital, medical clinics, and more.
Asking Price
$125,000
Cash flow
$320,000
Revenue
$2,000,000
Down
$999,000
Posting: 250326 | Available | 5/24/21
This Long Beach bar and restaurant boasts an ideal outdoor patio with an unmatched view, plenty of onsite parking, dance and live entertainment all at a highly attractive lease rate. The venue, which has continuously operated since the mid-1970s, is comprised of several rooms.
Asking Price
$999,000
Cash flow
$24,000
Revenue
$360,000
Down
$65,000
Posting: 279684 | Available | 5/23/23
For sale is a pizza restaurant with Italian food. It has had the same owner for 43 years. It is well-known in the community and has lots of repeat business. It has a beer and wine license which is used minimally. It has very little delivery or social media presence. It is in a high-income area.
Asking Price
$65,000
Cash flow
$Call/Email
Revenue
$Call/Email
Down
$Call/Email
Posting: 280417 | Available | 4/27/23
For sale is a great location with a beautiful buildout! It is just a block from the beach in the South Bay area of LA County in a thriving downtown. This is a rare opportunity to have a fully-equipped restaurant with a full liquor license in a hugely popular and upscale community.
Asking Price
$599,000
Cash flow
$70,000+
Revenue
Call / Email
Down
Call / Email
Posting: 245480 | Available | 12/6/22
This Beautiful Salad Farm Franchise location has been in business since June of 2010 and under current ownership +6 years, seller is relocating, recently remodeled. Store sales pre covid about $44,000 Gross per month, Post Covid 26K to 30K/Month. Food and supply cost 31%
Asking Price
$99,000
Cash flow
$N/A - Asset SAle
Revenue
$N/A - Asset Sale
Down
Call / Email
Posting: 277534 | Available | 12/19/22
Perfect Restaurant Location for all styles of Quick Service with inside seating. Currently closed but located in a busy downtown LA area with ample foot traffic. 1,400 sq ft with modern kitchen which can be used for many different concepts and was built just 3 years ago. Quick transfer possible.
Asking Price
$100,000
Cash flow
$84,000
Revenue
$480,000
Down
Call / Email
Posting: 261306 | Available | 3/25/23
This place has been established since 2013, and the current owner has been here since February 2019. This renowned franchise Flame Broiler restaurant serves healthy Asian-style charbroiled chicken, beef, or tofu with rice and veggies over 180 locations. It is an easy-to-run operation.
Asking Price
$209,000
Cash flow
$475,000
Revenue
$3,000,000,00
Down
$Call/Email
Posting: 267141 | Available | 10/26/22
Two (2) Bagel and Sandwich Shops / Excellent Commercial, Hotels, Hospital and Residential hi and middle income. 2022 year to date approximately $3 Million / Pandemic approximately $2.7 plus 2020. Management operated / Owner will work with qualified Buyer with SBA. New Price $1,725,000.00
Asking Price
$1,725,000
Cash flow
$160,000
Revenue
$1,200,000
Down
$130,000
Posting: 281006 | Available | 5/31/23
Beautiful Mexican Restaurant, absent run with patio & 47 hard liquor license. Annual gross sales of $1,200.000 Annual net profits of $160,000. Heavy foot traffic in big shopping center, near freeway, training & support, SBA loan prequalified.
Asking Price
$259,000
Cash flow
$180,000
Revenue
$900,000
Down
$169,000
Posting: 277688 | Available | 5/4/23
This is an absentee-run crab shack in Northridge for sale. The owner works 7 hours per week. 5+7+7 year long-term lease. Monthly net income: $15,000 approximately. Business hours are 12 am-9 pm (9 hours only) store size: 5500 square feet with patio. For sale w/beer & wine license. Easy operation.
Asking Price
$348,000
Cash flow
$Call/Email
Revenue
$604,205
Down
$Call/Email
Posting: 276105 | Available | 4/16/23
Whether you're looking for quality sea bass, halibut, salmon or snapper for lunch or dinner, this combination of wet fish sales counter and sit-down restaurant is ripe for development and opportunity. It is located in an upscale Northern LA County community, corner spot, on a major thoroughfare.
Asking Price
$98,000
Cash flow
$192,000
Revenue
$1,080,000
Down
$Call/Email
Posting: 277174 | Available | 3/13/23
A motivated seller is offering this well-established and charming one-of-a-kind American food in Santa Clarita. The location is great and the parking is spacious and this restaurant has lots of potential to increase revenue in many ways. It is an excellent family-friendly dining restaurant.
Asking Price
$500,000
Cash flow
$180,000
Revenue
$840,000
Down
$210,000
Posting: 272516 | Available | 5/4/23
This is an absentee-run business. The manager controls the business operation. They sell Korean-style fried chicken with craft beer for sale in Koreatown, Los Angeles, CA. It has a beer & wine license. $240,000 down is possible for an express SBA loan (for qualified buyers).
Asking Price
$439,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$79,000
Posting: 278132 | Available | 1/5/23
This is an asset sale so the trade name and recipe are not included. It is located on a busy street in the East Los Angeles area. It has approximately 690 of rentable space with an additional beautiful patio space. This restaurant space is perfect for an owner-user.
Asking Price
$79,000