- Advert ID: 705924
- (Seller ref: 11899SFV)
Restaurant & Bar With Catering For Sale
- Location:
-
- United States
- > Pacific
- > California
- > California - South
- > San Fernando Valley
- > West San Fernando Valley
- Category:
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Summary
- Asking price:
- $1,250,000
- Sales revenue:
- $1,000,000
- Net profit:
- $400,000
- Years established:
- 1997
- Employees:
- 5 Full Time
Business description
Very profitable Restaurant/Full Bar and Catering Business Located in A Hotel in West San Fernando Valley. Restaurant has #47 Liquor License and seats 88 people. Bar equipped with Arcade games is a popular hang out for local patrons. Restaurant serves lunch and dinner 7 days/week. Breakfast and expanded pool service can bring in additional revenue. Catering Business delivers lunch to 3 Adult Day Care Centers Monday through Friday with 1250 to 1500 meals a week. Catering to ADHCs for over 7 years. Annual revenue of one million dollars with net profit of $400,000. 75% of revenue from Catering and 25% from Restaurant & Bar. Price is $1.25 million. Great business opportunity for an experienced operator.
Property information
- Real Estate:
- Lease
Other information
- Support & training:
- 4 weeks at 40 hours per week following the close of escrow.
- Reasons for selling:
- Retirement
- Trading hours:
- Monday-Sunday 11am-2am
- Inventory / Stock value:
- $38,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > Pacific
- > California
- > California - South
- > San Fernando Valley
- > West San Fernando Valley
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