Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

FRESH Healthy Cafe Franchise Opportunity

TCBY Franchise Opportunity

Squisito Pizza & Pasta Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Restaurant & Sports Bar
Location: United States -> California -> Southern California - Los Angeles Area -> Claremont
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This Claremont area restaurant and sports bar is located in a popular entertainment district that is frequented by college students, staff, local residents and evening revelers. As such, it has great visibility and benefits from the regular foot traffic the area attracts due to its high density of dining and entertainment options. The facility has an outdoor patio as well as a separate room that offers patrons video games and VIP event viewing options. The large kitchen has a full line of equipment including a large grill, griddle, 3 deep fryers, a combination 6 burner stove and oven, an ice machine, dishwashing unit and a walk-in cooler.

Asking Price $275,000

This 3,500 square foot restaurant and bar leases for $5,700 per month on a lease with 4 years remaining and one 5 year option. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. Approximately $10,000 in beer, wine and liquor inventory will be sold at cost at close.

While competition exists in this popular area, this venue has carved out a niche with its food and sports viewing offering that attracts a loyal following. The facility's main street visibility, convenient parking lots and excellent street and mass access also provide it an advantage over competing options.

New operators may wish to continue to build the current concept or they may prefer to capitalize on the build-out, lease and Type 47 Liquor License entitlements to launch any number of concepts that may work at this versatile combination restaurant and bar.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,200,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks at 20 hrs/wk
Reason For Selling:  Personal

Photos

View Larger Photo(s) Of Business
Restaurant & Sports Bar Photo 1




Print Listing Id: 700283505
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700283505
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.