Restaurant & Catering/Banquet Hall in Busy Pasadena, CA
| Asking Price: | $150,000 |
| Rent: | $8,000/Month |
| Gross Revenue: | $360,000 |
Restaurant & Catering/Banquet Hall in Busy Pasadena, CA
RRC# 4803
Location: Pasadena
Description:
This rapidly growing spacious 3,000 square foot/100 seats restaurant and banquet hall takes great pride in creating unforgettable moments for special occasions, including weddings, corporate events and private parties. With elegant décor and delicious food, this business has established itself as a trusted provider of catering and event management services. Busy off-site catering helps bring in healthy revenue. Easy freeway access and abundant parking. Attractive long-term lease terms. All new equipment includes a 12' hood, gas range, char broiler grill, new commercial water heater, alarm system, walk-in freezer/cooler and much more.
Financial Information:
Monthly Revenue: $30,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $360,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Corporation
Employees: 2 FT; Part time on call
Reason For Sale: Other Interests
Monthly Rent: $8,000
Expiration: 9/28 plus 5 year option
Facilities:
Square Feet: 3,000
Seating: 100
Parking: Public lot
Licenses: Health permit
Days/Hours of Operation: Sun - Mon 11 a.m. - 9 p.m.
