Established Turnkey Restaurant/Covina-West Covina area

Asking Price$499,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Established Turnkey Restaurant/Covina-West Covina area


Asking Price$499,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A very rare turnkey type 48 ABC licensed bar with full-service restaurant + lounge. Well-established with a loyal customer base. Great location, live entertainment, private events and much much more. Ability to stay open till 1 am seven days a week with very little restrictions. 2 separate bars and rooms plus outdoor patio areas. 160+ seating with patios. With an excellent online reputation, this business is poised for growth. All FF&E is well-maintained and included in the sale, along with inventory and ABC license. Below market rent and just minutes off the 10 and the 210.
About the Business
Years in Operation
8
Employees
15
Market Outlook / Competition
One of the best, if not the best, restaurant in town
Opportunities for Growth
Currently open limited hours so huge potential for growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
As Needed
Listing Info
ID
2397248
Listing Views
141

Contact Seller

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Business Listed by: Bill Fisher

Listing ID: 2397248 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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