BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

Sell a Business • Valuation

Business for Sale • Exit Plan

(800) 589-1286 Ext: 701

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Business for Sale:
Established Italian Restaurant and Bar

County: Los Angeles, CA
Business ID: 24009

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Dee Khanna, (909) 553-1211
DRE License No: 01896656

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Financial Summary

Price: $195,000

Down Payment: $100,000

Sales: $420,000

Cash Flow: Call/Ask

Inventory: $5,000

Inventory Included: No

FF&E: $35,000

Monthly Lease: Call/Ask

General Information

Financing: Yes

Year Established: 1977

# Employees: 5

Facility Size: 3300 sq. ft.

Training: 2 weeks

Reason for Sale: Partnership Dissolution

Business Summary

Long Established!! Desirable Location!! Contact business broker for more information regarding this full-service Italian Restaurant and Bar for sale located in Los Angeles County area of Southern California. The restaurant was established in 1977 and has been well known in the community for its delicious food. The business is located in a busy center on a major high traffic street. They have a Beer & Wine (Type-41) license and also serve selective beer on tap. The business is open 7 days a week (weekdays: 12:00 pm to 8:00 pm and weekends 12:00 pm to 9:00 pm). They have excellent reviews on social media and have a repeat and loyal customer base. The seller is willing to train buyers for a smooth transition. The food recipe has been used for the last 47 years, since inception and will be included in the sale. The buyers can possibly increase revenues by promoting catering services, sale of alcoholic beverages, events, and expanding digital marketing. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Italian Restaurant business for sale located in Southern California.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.