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Sell your restaurant business in California - Claremont
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Claremont Restaurant w/Beer & Wine Bar – High Visibility Location!
Claremont, California

Asking Price

$150,000

Office Listing #

Abbey
Revenue $960,000 / year Lease Rent $11,500 / month
Cash Flow $55,000 / year Square Feet 3000
Direct Link www.restaurants-for-sale.com/27160

    

This popular university area restaurant with a beer and wine bar boasts a high visibility location on a major Claremont throughway. The venue has an attractive open air layout that flows into the facilityís beer and wine bar and dining room. The spacious kitchen has a full line with 4 stoves, 3 ovens, 2 two bucket deep fryers, plenty of salad prep and additional prep tables and a large dishwashing area. There is also a large walk-in cooler and a managerís office. This 3,000 square foot restaurant leases for $11,500 per month on what should be a new 5 year lease with options to be determined. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. Approximately $3,000 in inventory will be sold at cost at close. While competition certainly exists in this popular area this restaurantís dominant location provides it excellent visibility that ensure top of mind awareness with are residents, commuters and visitors and provides it a long- term sustainable competitive advantage. New operators may wish to maintain the current concept as is or they may prefer to capitalize on the location, the versatile build-out, the bar and private dining room to launch any number of new concepts that may thrive in this popular area. Training: 2 Weeks at 20 hrs/wk

  

General Information

Organization Sole Proprietorship
Year Established 2008
Current Owners 2008
Employees 18pt
Operating Hours Contact For Info
Reason For Sale Personal
   

Facilities

Seating Contact For Info
Square Feet 3000
Parking Contact For Info
Licenses 41
   

Financials

Revenue $960,000 / year
Cash Flow $55,000 / year
Payroll $288,000 / year
Inventory $3000
FF & E $10000
 
 

Lease

Lease $11,500 / month  
Expiration Not Available  
Yearly Adjustment Not Available  
Option Not Available  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Ryan Clark
phone: 3106528353
R Clark
The Veld Group
phone: (310) 652-8353

www.theveldgroup.com

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