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Los Angeles County, California
SBA Pre-Approved-Award Winning Restaurant & Bar-Full Liquor & Stellar Patio
Asking Price
$1,050,000
Revenue
$3,140,764
Down
Call/Email
Cash Flow
$359,098
Description
Offering multiple revenue channels: dine-in, full bar, catering & delivery through third-party delivery apps. This restaurant is fully equipped throughout and comes with an ABC type 47 full liquor license.
Hours: Tuesday – Sunday | Breakfast & Lunch: 8:00 AM – 2:30 PM Dinner: 5:00 PM – Close
Seating: 90 guests indoors + 50 outdoors for 140 total covers
Facility: 2,987 sq. ft. interior + 1,200 sq. ft. covered patio | Full bar, server station, office, 2 restrooms
Staff: 31 employees- 8 full-time, plus owner, 23 part-time, including 2 part-time managers.
Technology: Toast POS system | Branded mobile app (iOS & Android) | Plus online ordering.
Monthly Rent: $15,361.55 base plus NNN $2,662.24 or percentage rent equal to 6% of gross sales, whichever is greater.
Lease Expiration: December 30, 2030
Annual Escalation: 3% per year
Lease Extension: We will actively assist the buyer in securing an extended lease term.
This select opportunity is pre-approved for SBA financing for a well-qualified and experienced restaurant operator. The owner is present 5 days a week and is retiring.
Business Details
Year Established:
2000
Employees:
31
FE&E:
70,000
Reason for sale:
Owner is retiring/other interests
Support & Training:
Training and transitional support is available post closing.
Property Information
Size in Square Feet:
2,987 sqft
Lease Terms:
Monthly Rent: $15,361.55 base plus NNN $2,662.24 or percentage rent equal to 6% of gross sales, whichever is greater. Lease Expiration: December 30, 2030 Annual Escalation: 3% per year Lease Extension: We will actively assist the buyer in securing an extended lease term.
Premises Details:
2,987 sq. ft. interior + 1,200 sq. ft. patio | full bar, server station, office, 2 restrooms plus ample parking
Lease & Tenant Information
Lease Options:
$18,023
Posting Information
Posting ID:
1872000
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Attributes:
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
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
SBA Pre-Approved-Award Winning Restaurant & Bar-Full Liquor & Stellar Patio
Posting ID
#1872000
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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