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Valencia Area Restaurant & Bar w/Patio - $1.5ml Build-out at Blowout

California, Valencia
Asking Price $75,000.00
Gross Income $0.00
Cash Flow $0.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Bar Restaurant
Overview
This Valencia Area Restaurant and Bar with liquor and a front patio cost $1,500,000 to build-out from scratch. A buyer is now able to purchase it for $75,000 complete with all of its furniture, fixtures and equipment, as well as its $50,000 Type 47 Los Angeles County Liquor License! This is a blowout price for someone with an existing concept that seeks to be in a high exposure location in a prominent shopping center at one of Valencia s busiest intersections.
Business Details
Location and Facilities: This 4,200 square foot facility (plus patio) in a dominant shopping center leases for $17,000 per month including common area maintenance (the rate is currently reduced, however, a buyer may anticipate this rate) on a lease until 2015 with two 5 year options. The facility has an extraordinarily spacious kitchen with all of the equipment a chef would seek, as well as two large walk-ins. The sale includes all of the business s furniture, fixtures and equipment, and its Type 47 Liquor License!

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: New owners may seek to take this versatile venue in any number of directions given it s central location with excellent throughway or freeway access, versatile layout and full bar. The current brand is modern European with a hint of yesteryear, however, it could be readily rebranded to Italian, Middle Eastern, Asian, Mexican or any Eclectic concept at a minimal cost. This restaurant is in a busy shopping complex at one of Valencia s busiest intersections. As such, it does face competition however it has the unique advantage of being able to offer full liquor so it can operate as a combination daytime cafe, casual or fine dining evening venue, and happening nighttime bar and lounge! Competition:

Reasons for Selling: Personal

Financing:

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