Turn-Key Fresh-Casual Kitchen & Bar in Montrose Shopping Park

Glendale, CA
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Asking Price:$840,000
Established Year:2022
ASSET SALES DESCRIPTION

Great location, busy corner, approx. 3,000 square foot free-standing building, completely renovated space in 2022. Currently operates with counter service & full-service bar (Type 47 on-premises liquor license), and offers to-go & third party deliveries. Dining space includes outdoor sidewalk areas, interior main floor & upper level bar space. Updated ADA compliance, two 15-foot hoods, cooking & prep equipment, refrigeration, water treatment, dishwashers, etc. All windows & entry doors are able to remain open during business hours for a very fresh & airy dining experience (weather permitting). New structural, mechanical, electrical, plumbing, infrastructure, roofing, insulation, ADA lift, restrooms, doors, windows, & finishes at a cost over $2.5 Million. Abundant public parking (metered & free). Bring your own concept and keep the existing design. Asking $730,000 for space, fixtures, furnishings, & equipment. Asking $110,000 for Type 47 liquor license. NNN Lease has 8 years remaining on lease + 10 year option.


DETAILED INFORMATION
Location
Glendale, CA
Facilities
Existing FF&E includes hoods, wood burning grill, griddles, burners, deep fryers, kettle, ovens, smoker, stream table, cold table, reach-in refrigerators & freezers, walk-in cooler, freezer, & keg cooler, dishwashers, ice machines, water treatment systems, exterior gas heaters, POS system, audio/visual entertainment systems. Does not include inventory or sports memorabilia
Support & Training
Up to 1 week, if needed
Reason for Selling
Other opportunities
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Tom Christopoulos
Tom Christopoulos