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Restaurant & Pub
Location: United States -> California -> Southern California - All Southern California -> Burbank
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Full service British Style Restaurant & Pub with Retail Shop. Restaurant has type 47 liquor licence. Liquor can be served from 6:00am till 2:00am. Conditional use permit for live entertainment. Fire permit for 105 inside. Restaurant 2600sf and hosts live entertainment two days per week. Operated by same family for over 35 years.
Stage area with lighting , an upright player piano, stage monitors, mics and mic stands. Newer and wood laminate floors. Recently remodeled mens and ladies restrooms . There is a retail food and gift store with a walk through passageway from the restaurant, which is included in the sales price.
In kitchen ; 11ft hood. two ovens, two fryers , grill, six burner range, steam table. Prep sink, dish washing sink, two reach in refrigerators , one freezer , and a walk-in cooler.
Bar seats eight, and has an area to one side with two tall bar tables with four bar stools each. Area also has a dart board and seating for at least eight more. Bar has 14 draft handles. Cash register and flat screen TV behind bar.Seperate (200sf+) storage area with reach in two door freezer, dried food storage, and separated locked liquor room. Dining room has two 52'' tv's one is
wall mounted.
Front of building has an awning the length of the business. An ornate front door and electric
signage . Rear of building has two entrances , one for the restaurant patrons , and one for the
kitchen.
This is a well known restaurant that has an excellent reputation, for our food and friendly
service.We have been established in this same clean safe neighborhood since 1977. Family owned
and operated. This is a complete turn key business. It is fully functioning compact and easy to run.
Restaurant/Pub , Shop , licenses, equipment & goodwill can be purchased for $1,350,000. OWC with $375,000 down and terms. Call Ron 661-312-1476


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $600,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $110,000
Seller Financing:  Yes

About The Business

Year Established:  1977
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Two weeks
Reason For Selling:  Retire




Print Listing Id: 700199340
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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