Rare and Elegant European Style Fine Dining Restauurant For Sale

Business description

Selling Restaurants is proud to present this very rare opportunity to own the pride of Lake Arrowhead area. Are you a trained executive chef doing upscale European menu's? Then stop building someone else's business! Don't let this one slip by and jump on this great opportunity! The restaurant has a warm European feel and look with white table cloth and rich dark colors throughout. There are over 2,500 square feet, with a breath taking and elegant European decor. Price includes sound system and baby grand piano! This is TURN KEY! Lease is $4,400 per month, plus 5% of gross. Add room service and breakfast to increase revenue. A beautiful bar with full hard liquor license. Don't miss out! This restaurant was doing over $700,000 annual gross sales, but in 2007 sales were hurt by the fires, so this price is cheap relative to 2006 sales of $702,648 and annual net profit of $115,134. There are tax returns available to verify these numbers.

Property information

Real Estate:

Lease

Lease terms:

120 seats Type 47 2500+ sq ft $4400/mo

Other information

Trading hours:

12pm to 9pm