Turnkey Bar and Grill in South Gate with Built in Foot Traffic
Los Angeles County

High volume established bar and grill located inside a popular recreational facility, offering a unique opportunity to serve a built in customer base while attracting additional local business.

Listing Number:

25884

Category:

Food - Restaurant

Location:

Los Angeles County
$565,000

Financial Information:

Gross Revenue:

$1,400,000

Listed Price:

$565,000

Down Payment:

$56,500

Total Income:

$240,000

Year Established:

2013

Lease Information:

Square Feet:

1785

Total Rent:

$11,000

Lease Expiration:

01/2031

Lease Options:

5 Years then 3 years

Asset Information:

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$200,000

Inventory:

$10,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

15

Special Licence Required:

No

Contract Staff:

0

Training Period:

4 Weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Joshua Norfles
Office: | Cell: (562) 252-2284
License #:

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Turnkey Bar and Grill in South Gate with Built in Foot Traffic
Los Angeles County

Listing Number:

25884

Category:

Food - Restaurant

Location:

Los Angeles County

Listed Price:

$565,000
brokerPhoto
Joshua Norfles
Office: | Cell: (562) 252-2284
License #:
High volume established bar and grill located inside a popular recreational facility, offering a unique opportunity to serve a built in customer base while attracting additional local business.

Financial Information

Gross Revenue:

$1,400,000

Listed Price:

$565,000

Down Payment:

$56,500

Total Income:

$240,000

Year Established:

2013

Lease Information

Square Feet:

1785

Total Rent:

$11,000

Lease Expiration:

01/2031

Lease Options:

5 Years then 3 years

Asset Information

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$200,000

Inventory:

$10,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

15

Special License Required:

No

Contract Staff:

0

Training Period:

4 Weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.