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




Business Summary

This Greater Claremont / La Verne / Pomona college area restaurant with beer and wine has a customer embraced concept that combines many people's favorite foods with ideally paired beer and wine! The well-appointed facility boasts a lovely build-out with an overly spacious feel and an ideal large outdoor patio.

Asking Price $275,000

This 2,400 square foot restaurant leases for $5,000 per month on a lease that expires in 2018 with two 5 year options to extend. All of the business's furniture, fixtures, equipment, goodwill and Type 41 Beer & Wine License will be included in the sale.

While competition exists in this popular area, this venue has amassed a loyal following with its niche food and beverage offerings and the venue's customer embraced concept.

New operators will likely wish to continue to grow the current successful concept and potentially evaluate expansion into similar markets that offer comparable customer demographics.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,069,644
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  20 - 34
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




Print Listing Id: 700287560
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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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