Restaurant with Full Liquor-6 day-Dinner only-Semi Absentee

REMARK: Established since 1977
REMARK: beautiful build out, equipped with Full Liquor License
REMARK: Well known for great food, great service and Great wine selection and Liquor
REMARK: Open for Dinner only open 6 days very short business operating hour 4pm to 9pm
REMARK: Semi Absentee Owner, mostly run by employees, owner does purchasing only
REMARK: Alcohol sales are near 30% of total gross Sale, therefore Less labor intensive

ASKING PRICE: $395,000
INVENTORY Approx: $10,000 plus inventory
BUSINESS TYPE: Italian Restaurant with Full Liquor
LICENSES: License type 47 - on-sale - full Liquor
BUILDING & PARKING: Free-Standing
SEATING CAPACITY: Approx 70 more or less
DAYS OPEN & HOURS: 6 Days 04:00pm to 9:00pm, weekend close @ 10pm, Close Monday
AREA: Redondo Beach, CA
STORE SIZE: Approx 1,500 SQ. FT.
HOW LONG EST: Since 1977 and operated by current owner since 1979
NO. OF EMPLOYEE: 3 Full-times and 6 part-times
OWNER'S WORKING HOURS: Owner works 3 days a week or equal to 15 hours a week
LEASE, Approx.: 4 years remaining with one(1) five(5) option

Approx, Represented by Seller as per Listing Agreement
Average Monthly Sales
Approx Total, Monthly Gross Sales , before sales tax $54,000.00 - $55,000.00

Allocation of Sales
Food $35,100.00
Liquor, Beer & Wine $16,200.00
Deliveries - App Service $2,700.00
Total Gross Sales: $54,000.00

Cost $14,000.00
Gross Profit $40,000.00

Total Monthly Expenses $30,000.00
Approx. Net Income Monthly with Semi Absentee Owner $10,600


Please, under any circumstances, do not Disturb discuss the sale of the business with any employer/seller, employee or business neighbor, For more information please contact REMY CHEN @ contact info listed in this website. Broker/Agent does not guarantee the accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals