Asset Sale - Suit Conversion To Any Concept

www.GlobalBX.com

Listing ID: 700333675

Listing Title: Asset Sale - Suit Conversion To Any Concept

Quick Link: http://www.globalbx.com/listing.asp?bId=333675

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Northern California - All Northern California

City: Fresno

Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 6 - 9

Business Description:
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



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