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For Sale: Restaurant With Liquor Licence Bar And Patio - Sierra Madre

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Current Status: Active     Posting #: 245247     Last Refreshed: 11/25/18    
Contact: Michael Raad At 626-204-2319  -  Also Email This Contact Below
Price:  $500,000     Down:  $500,000     Adjusted Net:  $248,000     Revenue:  $1,200,000    
Business Address:  None Given     City:  Sierra Madre     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Restaurant With Liquor Licence Bar And Patio
One of a kind restaurant in the heart of sierra Madre. Free standing bldg., one of the largest restaurants in the city and have a type 47 liquor license and a large bar, as well as a 58 type catering license and a patio. Building size is 2,964 sf, lot size is 15,516 sf with 24 parking spaces on site and a rent of $ 7,000 /mo. Totally remodeled in 2016 (over $200,000) new decoration, equipment, counters, plumbing, electrical wiring and panels, new 3 a/c units, new roof, kitchen drainage system, 4 pos system, storage areas and much more.

It seats 85 patrons inside and 24 outside in a nice patio. Has a large bar with stools, skylights, 2 large bathrooms (men and women), a handicap access, and a security system with motion lights. Serving american food and opens for breakfast, lunch and dinner. Its inviting atmosphere and friendly service make it a comfort zone where customers can enjoy listening to live bands 2 nights a week and enjoy a fantastic dinner experience. Business opened a year and a half ago with a new menu and management. Currently the annual gross sales are $1200, 000,net income $248,000 and the business is growing by the day. This is a rare opportunity with close proximity to Pasadena , Arcadia, Monrovia and Rosemead and has an easy access to 210 freeway. It can be converted to any type of cuisine, or a franchise. Seller is motivated and wants to retire.

To get more information about this Restaurant With Liquor Licence Bar And Patio business for sale in Sierra Madre please phone Michael Raad (Broker) at 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #245247 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Restaurant With Liquor Licence Bar And Patio, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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