Business For Sale Listing 151322
Restaurant and Bar
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
For the experienced restaurateur who is looking for a well established dining and entertainment business in so California, we are pleased to present a well known Long Beach restaurant and bar that features casual dining with Americana cuisine and signature cocktails and dinner options from casual to elegant and custom tailored banquet menus. After dinner, guests can enjoy live music and dancing from numerous Long Beach and Southern California bands and performers.
The restaurant itself provides 15,000 square feet of space with a maximum capacity of over 500 people, which allows for large banquet events in addition to normal dining. The layout of the restaurant offers a large main dining room, secluded booths, patio dining, two bar areas with couches and plasma screen TVs and a large dance floor. The parking lot can hold up to 205 cars and allows the guest to escape the cost and inconvenience of restricted parking that occurs throughout most of the Long Beach area.
The facility includes 7 bartending stations, a fully equipped kitchen, seating for 150 dining guests, a full stage with risers/platforms, existing sound and lighting systems , a fully furnished outdoor patio area for another 100 dining guests, fully ADA accessible, and an alarm monitoring system with 16 cameras.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,920,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (298,761) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $500 Thousand and $1 Million (800,000) |
