998 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$599,000
Revenue$900,000 EstablishedUndisclosed
Cash Flow$383,820 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Craft Cocktail Whisky Bar With Private Speak Easy-entertainment-abc Type 48-$375,000 Annual Income!

RRC#: 2987
Asking Price: $599,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $900,000
Yearly Cash Flow: $383,820
Monthly Rent: 3209 gross

LISTING DESCRIPTION:
Fabulous SAN GABRIEL VALLEY restaurant and craft cocktail whiskey bar with private 1920''s elegant speak easy complete with piano, fireplace, copper ceilings and antique glassware. Over a $1,000,000 remodel in 2017 complete with the finest materials throughout and furnishings from Restoration Hardware. Featuring a 38 ft bar, stage, dining area and two patios. Type 48 ABC license with entertainment. Open Wed-Sun starting at 4pm with a delicious comfort lounge menu. 18 craft beers on tap. Live music Thurs-Sun nights. CUP until 1AM. Back lounge patio features fire tables, couch seating, TV, tables, chairs with seating for 32. Front patio features a movie screen, heater and seating for 18 or more. Speaker system throughout with 8 speakers. The Speak Easy can be rented out for private parties and can accomodate up to 32 people. Some equipment includes: POS system, grease interceptor, walk in cooler, 12 ft. hood, 2 door freezer, 2 door fridge, 6 burner stove with oven, double fryer, 24" charbroiler, 36" grill, 5 ft. salamander, food warmer, 2 refrigerated prep stations, storage area, outdoor shed, private office, Touch Bistro POS system, Restoration Hardware lighting throughout. Complete back bar with 3-triple door under counter refrigerators, 2 jocky boxes, etc. Restaurant opened in June 2017, with sales increasing each month. Extremely lucrative business with loyal clientele.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2017 | Current Owner: 2016 | Employees: 11 | Seating: 99 indoors- 50 patios | Square Footage: 3500 | Parking: Rear Lot, Street and Public Parking Lot | Licenses Required: City, Health, Entertainment, ABC | Days Open/Hours: Wed-Sun Opens 4pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $900,000 | Yearly Cash Flow: $383,820 | Payroll: $14747 |

LEASE INFORMATION:
Monthly Rent: 3209 gross | Lease Expiration: Dec 31, 2021 | Yearly Adjustment: Jan 2022-2027 rent $3402 | Lease Option: 2-5 years |
Ad #102355
Seller Reference #2987
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com 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. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
Name
Email Address
Message