Total of 18659 firms and businesses for sale today Saturday 11th May 2024
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Business For Sale. Restaurant 26; Bar

LISTING DETAILS
Firms For Sale ID:
11480
Vendor reference:
747883
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$450,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
$780,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Growing, beautiful, upscale business, with recent 24;850,000 remodel. Because it was remodeled just 12 months ago, this is a virtually a new restaurant inside and out including the kitchen. This 7,000 square feet, 140 seat, white tablecloth, fine dining restaurant is a high-end steakhouse with an average 24;60 per person ticket price. The fresh, warm dE9;cor includes large ornate dark wood bars. There is a large, secluded private rear banquet room that is favored by some famous celebrities complete with dance floor and private bar. A typical high-end fine dining establishment takes at least three to four years to achieve a mature, strong cash-flow because it builds it92;s reputation and clientele mostly by word-of-mouth. Breaking even within the first year, this business continues to grow and is tracking on-schedule. The owners plan to move to the east coast for a lucrative opportunity. This a great opportunity to purchase a growing, healthy, excellent, beautiful business, from 202B; year experienced restaurateurs at an asset sale price because it is still in the growth phase. For more information, please contact Hoke Nagahori at 310-539-8300.