High Volume Fine Dining Restaurant,Full Bar, Outdoor seating, Low Rent

Asking Price$1,999,888

Cash Flow
$587,000

EBITDA$587,000

Gross Revenue$3,000,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

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High Volume Fine Dining Restaurant,Full Bar, Outdoor seating, Low Rent


Asking Price$1,999,888

Cash Flow
$587,000

EBITDA$587,000

Gross Revenue$3,000,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Business Description
**Proof of funds and a strong experience resume are required before an NDA is signed.**

Overview: Elite Steakhouse is a highly successful and profitable dining establishment located in the vibrant San Gabriel Valley. Renowned for its exceptional quality steaks, elegant ambiance, and outstanding customer service, Elite Steakhouse has established itself as a premier destination for both residents and visitors seeking a premium dining experience.
Business Model: Elite Steakhouse operates on a high-end dining model, specializing in USDA Prime, as well as a curated selection of fresh seafood, gourmet sides, and decadent desserts. The menu features a range of traditional and innovative dishes prepared with the finest ingredients, complemented by an extensive wine list and craft cocktails.
Key Success Factors:
1. Quality and Consistency: The steakhouse’s commitment to sourcing top-grade beef and maintaining rigorous quality control ensures that customers receive an unparalleled dining experience with every visit.
2. Prime Location: Situated in a high-traffic area of the San Gabriel Valley, Elite Steakhouse benefits from strong visibility and accessibility, attracting a steady stream of patrons.
3. Exceptional Service: The restaurant prides itself on providing attentive, personalized service, which has earned it a loyal customer base and positive word-of-mouth referrals.
4. Elegant Atmosphere: The sophisticated interior design, featuring upscale décor and a comfortable setting, enhances the overall dining experience and appeals to a diverse clientele.
Financial Performance: Elite Steakhouse has demonstrated robust financial performance, with consistently high revenue and profitability. Strong sales growth is driven by a combination of repeat business, successful marketing initiatives, and a reputation for excellence. The establishment enjoys high margins due to its premium pricing strategy and efficient cost management practices.
Market Position: As a leading steakhouse in the San Gabriel Valley, Elite Steakhouse occupies a niche in the high-end dining sector, distinguishing itself from competitors through superior food quality and exceptional service. The restaurant’s strategic positioning and brand reputation contribute to its strong market presence and sustained profitability.
Growth Potential: Growth opportunities include expanding the menu offerings, exploring catering and private event services, and potentially opening additional locations in nearby affluent areas. Continued investment in marketing and customer engagement will further solidify the steakhouse’s position as a top dining destination.
Conclusion: Elite Steakhouse is a thriving business with a solid reputation, a loyal customer base, and a track record of financial success. Its focus on quality, service, and ambiance ensures its continued dominance in the San Gabriel Valley’s competitive dining market.
About the Business
Years in Operation
25
Employees
20
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,880
Rent
Not Disclosed
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Retiring
Listing Info
ID
2395933
Listing Views
264

Contact Seller

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Business Listed by: Admin PacficRB Pacific Restaurant Brokers

Listing ID: 2395933 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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