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Asset Sale - Suit Conversion To Any Concept
Location: United States -> California -> Northern California - All Northern California -> Fresno
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Asset Sale - Suit Conversion to any Concept - 3500 sq ft - ABC Type 47 Hard Liquor License Included

RRC#: 3300
Asking Price: Offered At $85,000
Location: Fresno County
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: $3,800

Listing Description:
Currently a 3500 sq ft Asian restaurant but would suit any future concept. The seller is the landlord and has operated the bar & restaurant for nearly 40 years. ABC type 47 hard liquor license included so the space could easily be converted to an American sports bar (much needed in the area) or remain Asian. Kitchen has a 8′ type 1 hood with fire suppression system with 6 burner stove and oven, a 2 Wok stove, broiler and deep fryer and all stainless steel worktops, sinks and refrigerators plus ample storage. The main bar has 12 barstools plus some high tables, while the dining room seats a further 90. Currently of Asian decor but as the seller is also the landlord he is open to all concepts plus a possible break in the rent during a remodel. A new lease would be negotiated but would be around $1 per sq ft. 1/2 mile from downtown Fresno and located next to many new condo's and apartments. Asking price $85,000 for all FF&E, ABC license, full kitchen and new lease. Please complete the ‘Non Disclosure Agreement' on our website and we'll send you the lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Sole Proprietorship
Established: 1980
Current Owner: 1980
Employees: Contact For Info
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700333675
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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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