Pasadena Restaurant & Bar w/ABC 47-Stellar Location-$3,000,0000 Sales

This thriving establishment offers a unique combination of natural foods, complemented by a full bar with a premium ABC Type 47 license. Located in a highly desirable area, the restaurant features a spacious outdoor patio and ample indoor seating, making it a prime destination with a solid customer base.

This beautiful two-story building, with an A-plus location in a highly desirable area, boasts 4,700 sq. ft. on the ground floor and 552 sq. ft. on the mezzanine. It offers sweeping French doors opening to an expansive courtyard patio with seating for over 200 guests, 141 indoors and over 60 outdoors. It is at the epicenter of an inviting courtyard surrounded by shops, premier restaurants, and theatres. Featuring a separate bar area, dining room, private dining room and patio. Serving burgers, salads, sandwiches, bowls, pizza, tacos & brunch, plus cocktails, beer & wine.
The lease expires May 31, 2026, and there is one 5-year option to extend. The monthly rent is $17,217.01, with cams of $11,153. The percentage rent is 5% on gross sales over the breakpoint of $4,132,08, and there are annual rent increases of 3%.

This is a manager-run operation with annual sales of approximately $3,500,000. It operates Sunday through Thursday from 11:00 AM to 11:00 PM and Friday through Saturday from 11:00 AM to 12:00 AM. The lease expires on May 31, 2026, and there is one 5-year option to extend. The percentage rent is 5% on gross sales over the breakpoint of $4,132,081. 

This is the ideal restaurant for an experienced restaurateur operator with strong financials who is looking to take over a well-established, high-revenue business in a bustling location. Do not miss the opportunity to own this gem, which has a proven history of success since 2017!

Features and Equipment Include Main Kitchen: 20-foot cook line, 2 walk-in coolers, stacking pizza ovens, 2 fryers, griddle, 3 prep stations, stove, 2 door refrigerator, single door refrigerator, undercounter refrigeration, beverage station, Vitamix, robot coupe, espresso machine, microwave, dishwashing area, glycol beer system. Prep Kitchen: Walk-in cooler, ice maker, worktables, storage room, storage bins, slicer. Bar: 24-tap system, 4-tap kegerator, 6-tap kegerator, glass chiller, ice bin, glass washing machine, lowboy fridge, bar well. Office: Micros POS system, sound system, security system. All furniture, small wares, dinnerware, glassware, pots, pans, shelving, and utensils are included.

It is listed for $375,000. This is an asset sale. POS sales will be provided.  This restaurant can be purchased in conjunction with another location.