* Included in Asking Price
Sba Prequal-20 Year Sports Bar/rest-$1,800,000 Sales-full Liquor-huge Patio-$180000+ Annual Income
Asking Price: $499,000
Location: Arcadia, Los Angeles County, California
Yearly Revenue: $1,899,660
Yearly Cash Flow: $180,240
Monthly Rent: $8500 + triple net $1314
This busy bar and restaurant, with it''s warmth and charm, has been serving up craft beers, cocktails, appetizers, pub food, steaks, sandwiches and salads since 1999. They stay busy with loyal clientele coming in for lunch, dinner, sporting events, football, private parties and some off premise catering. The large bar area seats 40, dining room 62, private dining room 24 and covered patio seats 75. With a micromatic long draw system they have 28 beers on tap, (mostly craft beers) a full back bar setup with refrigeration and sinks, plus a walk-in beer cooler. With ABC license types 47, 58 and 77 they serve alcohol outside and off premise for catering. The restaurant features, wood dining tables, chairs, booths, bar stools, cocktail tables and patio tables & chairs, plus 12 TV''s. Also included is: catering equipment, taco cart and catering van. Some equipment includes: 20 ft cook line with hood, 6 burner stove with oven, 4 ft. charbroiler, 3 ft. grill with oven, 2 double fryers, 3, 5ft refrigerated prep stations, triple door refrigerator, triple door freezer, walk-in cooler, ice maker, ice bins, microwave, meat smoker, kettle burner, dishwasher with dishwashing area, triple sinks, 3 low boy refrigerators and triple warming drawers. There is also a separate storage room and office. With great reviews across the board, this is a great family restaurant & sports bar!
Organization: LLC | Year Established: 1999 | Current Owner: 1999 | Employees: 41 | Seating: 188 | Square Footage: Building 4144 sq.ft. Lot 7506 sq ft. | Parking: Lot and street parking | Licenses Required: Health Dept, ABC, City | Days Open/Hours: Sun-Wed 11am - 9pm, Thurs-Sat 11am -10pm | Reason For Sale: Other Interests |
Yearly Revenues: $1,899,660 | Yearly Cash Flow: $180,240 |
Monthly Rent: $8500 + triple net $1314 | Lease Expiration: 2020 plus 5 year option | Yearly Adjustment: 2% |
Seller Reference #2664
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