Restaurant, Bar & Event Gatherings
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $490000
Net Profit / Cash Flow $67000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1973
Number of Employees 10 - 19
Inventory 85000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Staff will most likely stay on after the sale. Owner is willing to stay on for a reasonable time.
Reason for Sale Retirement.
Description Loyal employees are one of the qualities that have made this fine California based restaurant for sale successful over the years. It is this kind of consistency that few area restaurants can rival. The business has a very loyal clientele through its history; advertising has been by word of mouth from satisfied customers. You will feel at home in this traditional dinner house because of the warm and comfortable atmosphere surrounded by contemporary art. From the friendly staff to the impeccable service capped off by the freshest food prepared in the finest manner by a chef of the year award winner, customers are compelled to return many times at lunch and dinner for additional memorable and distinctive dining experiences. This wonderful restaurant is one of the finest dining establishments in the area.
Along with the restaurant and piano bar, they do an enormous amount of event gatherings. Their established client base has been around since 1973. The chef serves food that is as unpretentious as it is delicious. Menu favorites include his grandmother's famous Armenian Shish Kebab to gourmet treasures like vanilla bean butter poached lobster tails and his signature house made ice cream. The building and equipment are in excellent shape because they always schedule preventive maintenance. This California business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to retire and see a new owner take it to the next level. If you are looking to purchase a restaurant in the northern region of the beautiful state of California, don't wait!
Valued at $550k. Building & equipment are included in excellent condition. Square footage of the building is 5,000. They are located on a 1/4 acre corner lot with a newly paved parking lot. Asking $725,000. Jason Hullender - (972) 331-6578
Click Here To Contact Seller
|
|