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Arcadia Area Restaurant w/Beer & Wine A Rare Gem with Great Rent

California, Arcadia
Asking Price $320,000.00
Gross Income $697,895.00
Cash Flow $697,895.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Brew Pub
Overview
This well-established Arcadia Area restaurant with beer and wine occupies possibly one of the most prominent locations in the area. It is rare that you find a location of this quality combined with a below market lease rate. The versatile facility can thrive with a variety of concepts. Currently open for breakfast and lunch only, this location could do very well with an offering that draws a dinner crowd to serve neighborhood residents and local businesses. In addition, the beer and wine license is not being utilized to its full potential and with the current demand, especially the emerging craft beer movement, a new owner could capitalize. The restaurant is a local favorite in its vibrant, loyal, ever-evolving community. It thrives off the locals, but also draws from throughout the greater San Gabriel Valley.
Business Details
Location and Facilities: This adorable 2,125 sq. ft. restaurant leases for a favorable monthly rate $4,000, including CAM and NNN charges. The sale includes a beer and wine license, ample indoor and outdoor seating and a fully equipped kitchen. With great foot and drive by traffic, this location is able to capitalize off local neighbors looking for great food and those who travel the city for its tasty offerings.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: The results speak for themselves as year over year it has enjoyed and extremely stable revenue stream. While this restaurant is only open for breakfast and lunch, its location lends itself to a potentially vibrant dinner crowd. With the ability to expand the sale of alcohol, perhaps driven by the emerging craft beer demand, a new owner may seek to create an evening pub atmosphere to compliment the already thriving breakfast and lunch business. In addition, a new owner may desire to expand the private party and special event business which occurs occasionally, however has never been actual focus of the current owners. Competition: There are a variety of local restaurants in the area; however, this restaurants location and stellar reputation for quality make it a prime choice in its immediate area.

Reasons for Selling: Personal

Financing:

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