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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>    Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Restaurant / Bar With Patio For Sale Location  California,United States Asking Price Range  $250K - $500K Gross Revenues  $1508709 Net Profit / Cash Flow  $289433 Cash Flow Type  Sellers Discretionary Cash Seller Finance  No Year Established  1992 Number of Employees  35 - 49 Relocatable  No Number of Employees  35 - 49 Real Estate  Leased Training  2 weeks at 20 hours/week. Reason for Sale  Personal. Description  This semi-absentee owned Studio City / North Hollywood Area Restaurant, Bar and Lounge offers a potential buyer a highly visible location that boasts an ideal patio, a well appointed bar with full liquor, spacious management offices, and most importantly, a 20 year track record of strong profits, stable growth and significant future growth potential. Asking Price $349,000. This prominently located 3,500 square foot facility plus large patio, oversize storage area and owner's office with a full bathroom, and 20 parking spaces for patrons will lease for $10,000 per month on a new 5 year lease with any potential options to be negotiated with the landlord in the sale. The sale includes all of the business's assets including its Type 47 Liquor License, its seating for 105 patrons, a complete POS system, a liquor room, manager's office, a complete kitchen with an oven, stove, grill, deep fryer, salad prep table, ice machine, two door fridge, walk-in cooler, and three bucket sink, and oversize dry storage area. This restaurant does face competition on various levels as both Studio City and the neighboring North Hollywood Arts District are well-developed and highly popular restaurant, bar and lounge markets. The venue, however, has been established for over 20 years and has created its own market niche while fostering a loyal client base that should provide it a long-term sustainable competitive advantage for years to come. As the business already performs extraordinarily well, new owners will not likely seek to make too significant of changes to the current business structure. The business will likely continue to benefit from the significant modifications the operator recently made, which should continue to result increased sales and further development of the slightly expanded concept for years to come. Apart from further capitalizing on this, the venue should benefit from an active owner-operator, as the current proprietor is semi-absentee. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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