Antelope Valley Restaurant With Full ABC Community
Not Disclosed, CA Los Angeles County
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- RE: Antelope Valley Restaurant With Full ABC Community
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $1,341,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 24 | |
| BBN Listing #: | 980323 | |
| Broker Reference #: | 4897 |
Business Overview:
Antelope Valley Restaurant with Full ABC Community Landmark
RRC#Â 4897
Location: Antelope ValleyÂ
Description:
Located in Antelope Valley, this spacious 4,000+ square foot landmark restaurant has been serving the community since 1983. Patrons are captivated with its quaint charm, authentic antiques, cozy fireplaces and made-to-order delicious food. Space includes a banquet hall that is popular for wedding ceremonies and receptions and other special events accommodating 150 guests which adds to steadily growing revenue. The garden patio features a water fountain, comfort heaters, live music and dancing. Vintage-style full service bar hosts a festive happy hour featuring an impressive selection of wines and cocktails. Residents flock here for Jazz Sunday brunch in the lounge and open mic and jam sessions on Sunday afternoons. The menu includes grilled steaks, New Zealand lamb chops, succulent chicken, pastas, salads, appetizers and desserts. Equipment includes hoods, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.
Financial Information:
Monthly Revenue: $111,750Â
Monthly Cash Flow: $8,250Â
Annual Revenue: $1,341,000Â
Annual Cash Flow: $99,000Â
General Info:
Ownership:Â LLC
Established: 1983
Employees: 4 Full Time; 20 Part TimeÂ
Reason For Sale: Retirement
Monthly Rent: $4,120Â
Expiration: 2026 plus Two 5 year options Â
Facilities:
Square Feet: 4,000 + large patioÂ
Seating: 170Â
Parking: Public lotÂ
Licenses: Health permit, ABCÂ
Days/Hours of Operation: Wednesday/Thursday 4P-9P; Friday 12P-11P; Saturday 11P-11P; Sunday 11P-8P
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Property Features and Assets:
Facilities:
Square Feet: 4,000 + large patio
Seating: 170
Parking: Public lot
Licenses: Health permit, ABC
Days/Hours of Operation: Wednesday/Thursday 4P-9P; Fri 12P-11P; Saturday 11P-11P; Sunday 11P-8P
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 1983
Employees: 4 Full Time; 20 Part Time
Reason For Sale: Retirement
Monthly Rent: $4,120
Expiration: 2026 plus Two 5 year options
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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