Fine Dining Restaurant with full bar & Outdoor seating
Asking Price: | $2,490,000 |
Gross Revenue: | $3,000,000 |
Rent: | $7,180 |
FF&E: | $100,000 |
Cash Flow: | $600,000 |
Inventory: | $30,000 |
EBITDA: | $600,000 |
A fine dining gem serving classic and upscale American cuisine favorites such as Prime Steak, freshest seafood, craft cocktails, and fine wines in San Gabriel Valley is up for sale in a rare opportunity to continue success. Aside from strong sales of over $250k a month, this restaurant has an extremely low rent of $7k a month or less 3% which is unheard of Southern California.
2023 Financials (monthly)
Sales: $255k
Rent: $7100
Payroll: $73k
Cost of Goods: $87k
Uncontrollable: $38000
________________________
Monthly profit: $50k or $600k a year
A strong financial statement and experience resume are a must before disclosing the address, summary etc.
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