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Listing ID: 2580664Listed on: July 15, 2017

Attractive Restaurant On Brand Blvd In Glendale's Entertainment District Great Reviews For Sale

Glendale, Glendale, California, United States

$ 175,000

Revenue: $ 499,200

Cash Flow: not disclosed

Business Description

Attractive Restaurant On Brand Blvd In Glendale''s Entertainment District Great Reviews, Beer & Wine

RRC#: 2708
Asking Price: $175,000
Location: Glendale, Los Angeles County, California
Yearly Revenue: $499,200
Yearly Cash Flow: $72,000
Monthly Rent: $8,000

LISTING DESCRIPTION:
This is a completely remodeled restaurant in the heart of Glendale''s Entertainment area. Features 4 booths and over 50 feet of counter seating with hot plates at each seat or table with seating for 57 people. Offers Beer and Wine. Great Facebook and social media reviews. Perfect space for restaurant or wine bar. Equipment includes: 12 foot hood, 2 walk-in''s (fridge and freezer) 4 burner stove, large kettle burner, double fryer, ice machine, ice containers, 2 refrigerated prep tables and meat slicer. There is a large dishwashing area, 2 ADA bathrooms and alley access for deliveries with parking directly in front or in nearby public lots. Operates with few employees as customers cook their own food at table.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2013 | Current Owner: 2013 | Seating: 57 | Square Footage: 1875 | Parking: Street and public lots | Licenses Required: Health Dept, ABC, City | Days Open/Hours: Daily 11am to 10pm Fri-Sat nights until 11pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $499,200 | Yearly Cash Flow: $72,000 |

LEASE INFORMATION:
Monthly Rent: $8,000 | Lease Expiration: March 2018 | Lease Option: 5 year option, we can neg |

Property Details

Property Type:

Lease

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