Restaurant & Catering/Banquet Hall In Busy Pasaden
Pasadena, CA Los Angeles County
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- RE: Restaurant & Catering/Banquet Hall In Busy Pasaden
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | 2 | |
| BBN Listing #: | 948524 | |
| Broker Reference #: | 4803 |
Business Overview:
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
Established:2023
Employees: 2 Full Time; Part time own 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: Sunday - Monday 11 a.m. - 9 p.m.
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Property Features and Assets:
Facilities:
Square Feet: 3,000
Seating: 100
Parking: Public lot
Licenses: Health permit
Days/Hours of Operation: Sunday - Monday 11 a.m. - 9 p.m.
Market Competition and Expansion:
General Info:
Ownership:Corporation
Established:2023
Employees: 2 FT; Part time on call
Reason For Sale: Other Interests
Monthly Rent: $8,000
Expiration: 9/28 plus 5 year option
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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