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Restaurant Asset Sale In A Spectacular Location For Sale

California - North, US
Asking Price:
$99,000 (USD)
Sales Revenue:
$667,558 (USD)
Cash Flow:
Available on request

This is a restaurant in a prime location, with high-end modern décor and a fully loaded turnkey kitchen. It is is centrally located in the heart of a prime dining and entertainment. Additionally, the area is undergoing additional development that includes a hotel and an entertainment center.

The store features a modern interior, with a high ceiling and contemporary artistic finishing. There is seating for 50 people inside, with additional patrons on the outside patio (gated and ready to serve alcohol). The kitchen is fully loaded with everything you need: walk-in cooler/freezer, grill, hood, $20Koven, grease trap and much more. The restaurant has separate men’s and women’s bathrooms.

Unfortunately, the Seller lost a parent to COVID and must leave the country to handle their family business overseas, so it's time to sell the restaurant. It is ready for a concept better suited to the location, and any experienced operator knows the value of buying a $500K buildout for a fraction of the price. The name and concept can be included (at additional cost), but this primarily intended as an asset sale, expecting a change of concept.

The current owner's investment in this restaurant is your opportunity. Only qualified buyers with solid financials and restaurant experience will be considered. This opportunity will not last long, so contact the Agent for more details.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Death in the family

Trading hours:

Fri-Sat 12pm-9pm,Sun-Thu 12pm-8pm

Employees:
6
Years established:
2014

Other Information

Support & training:

Yes - Terms addressed in offer

Business closed / Asset sale:
Yes

Contact BottomLine Business Brokers

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