Restaurant & Pub

www.GlobalBX.com

Listing ID: 700199340

Listing Title: Restaurant & Pub

Quick Link: http://www.globalbx.com/listing.asp?bId=199340

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Southern California - All Southern California

City: Burbank

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $600,000

Cash Flow: $100,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1977

Number of Employees: 10 - 19

Business Description:
Full service British Style Restaurant & Pub with Retail Shop. Restaurant has type 47 liquor licence. Liquor can be served from 6:00am till 2:00am. Conditional use permit for live entertainment. Fire permit for 105 inside. Restaurant 2600sf and hosts live entertainment two days per week. Operated by same family for over 35 years. Stage area with lighting , an upright player piano, stage monitors, mics and mic stands. Newer and wood laminate floors. Recently remodeled mens and ladies restrooms . There is a retail food and gift store with a walk through passageway from the restaurant, which is included in the sales price. In kitchen ; 11ft hood. two ovens, two fryers , grill, six burner range, steam table. Prep sink, dish washing sink, two reach in refrigerators , one freezer , and a walk-in cooler. Bar seats eight, and has an area to one side with two tall bar tables with four bar stools each. Area also has a dart board and seating for at least eight more. Bar has 14 draft handles. Cash register and flat screen TV behind bar.Seperate (200sf+) storage area with reach in two door freezer, dried food storage, and separated locked liquor room. Dining room has two 52'' tv's one is wall mounted. Front of building has an awning the length of the business. An ornate front door and electric signage . Rear of building has two entrances , one for the restaurant patrons , and one for the kitchen. This is a well known restaurant that has an excellent reputation, for our food and friendly service.We have been established in this same clean safe neighborhood since 1977. Family owned and operated. This is a complete turn key business. It is fully functioning compact and easy to run. Restaurant/Pub , Shop , licenses, equipment & goodwill can be purchased for $1,350,000. OWC with $375,000 down and terms. Call Ron 661-312-1476



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