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BUSINESSES FOR SALE

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 In Prime Location

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $2436111
Net Profit / Cash Flow  $173986
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1993
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 restaurant and bar boasts a dominant location with built-in foot traffic, and benefits from two patios, a bar, a private dining area as well as onsite parking. The facility comes with a full kitchen with all of the necessary equipment as well as a pizza oven. The sale includes all off the business's furniture, fixtures, and equipment, as well as its liquor license. Asking Price $595,000 + Liquor $20,000. This 5,500 square foot facility plus 2,000 square feet of patio space leases for $24,500 in a prime location per month on a lease valid for another 17 years. Approximately $20,000 in inventory will be sold at cost at close. This restaurant is uniquely located in a prominent location with a built-in customer base and unsurpassed visibility. As such, it boasts a unique sustainable competitive advantage over nearby competition. New owners may seek to be owner operators in order to minimize expenses, maximize profits and ensure stellar customer service. As the restaurant and bar are already successful, new owners may not seek to modify the concept too greatly, or they may prefer to simply built-upon it to further bolster profitability.
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