The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Steak House with Entertainment - Land Option

Los Angeles, California (Los Angeles County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $1,375,000 Inventory $30,000** 
Gross Income $2,000,000 Real Estate $2,900,000** 
Cash Flow $360,000 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Great business for sale

Traditional Steak House with big bar on historical route 66. 94 years in business on same location. Grossing average 160K per month. Business with land: 5 parcels of land and building (restaurant 6,200 sq.ft. plus extra luxury lounge with the office 1,000 sq.ft.), full 48-ABC and Entertainment license. Lease: $12,000 per month only (plus $1,500 NNN) expires 2012 plus 2 x 5 yrs. Options. Option to buy land is available too (57,000 Sq.Ft. with the buildings, parking and improvements) land extra $2,900,000.

Financing: 400,000

Business For Sale By

Sasa Milosevic

310 318-1144

Manhattan.Biz

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Steak House with Entertainment - Land Option

Recommended Resources

AD # 483700

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --