Restaurant With Great Potential In Glendale For Sale

Business description

Restaurant opportunity! Fantastic potential at a major intersection in the center of Glendale. Owner is willing to carry $475,000 with $150,000 down interest only, with a balloon payment in 3 years. He's willing to do this because he knows the business will be successful. Thirteen flat-screen TVs and a magnificent full kitchen in place.

The facility is currently only open in the evenings, in order to maintain its 47 liquor license, entertainment and other permits. The owner is selling due to a partnership dissolution and he has other businesses to run.

FF&E and Amenities:
Full kitchen
13 flat screen TV
Small stage
Piano
Banquet Room
Large Full bar
Full outside patio
All licenses required licenses and permits
On-site office

Interested parties please Arthur Kessler by clicking on the contact seller button below.

Property information

Real Estate:

Lease

Leasehold rent:

$17,600/mo per annum

Size in square feet:

8,000 sqft

Business Operation

Reasons for selling:

Partnership Dissolution & Other Business Interests

Trading hours:

Evenings (to keep permits & licenses)

Years established:

27

Other information

Support & training:

Seller will train

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller - Call

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$200 (included in the asking price)