Restaurant & Catering Business With 47/48 Liquor License For Sale

Business description

Seller Financing Available. $250,000 net profit per year. 47/48 Liquor and Catering license. Semi-absentee owner. This beautiful and well known restaurant was rated as Zagat’s top ten fine French dining experiences in California. Established for over 15 years and is now for sale for the first time. One of the best locations in Pasadena with a great lease. Talented Chef, Trained Manager and long term friendly and experienced employees in place. Over 4,000sq ft of space, full kitchen, ideal size for catering events. Private rooms for corporate and private events, over $400,000 worth of the most beautiful Fixtures, Furniture & Equipment. A must see.

Property information

Real Estate:

Lease

Lease terms:

Expires 2010 with a 5 year option

Location:

One of the best areas in Pasadena

Other information

Competition / Market:

This beautiful and well known restaurant was rated as Zagat’s top ten fine French dining experiences in California.

Support & training:

Seller will provide 3 weeks of training at 20 hours per week.

Reasons for selling:

Change of lifestyle

Trading hours:

Tue-Sat 5:30-9:00pm

Financing available:

Seller Financing Available

Furniture / Fixtures value:

$400,000

Inventory / Stock value:

$40,000 (included in the asking price)