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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Profitable Restaurant & Catering/banquet Hall In Busy Pasadena, CA For Sale

Pasadena, California - South, US
Asking Price:
$180,000
Sales Revenue:
$360,000
Cash Flow:
Undisclosed

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 FT; 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: Sun - Mon 11 a.m. - 9 p.m.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $8,000
Expiration: 9/28 plus 5 year option

Location:

Pasadena

Premises Details:

Square Feet: 3,000

Seating: 100

Parking: Public lot

Size in square feet:
3,000

Business Operation

Reasons for selling:

Other Interests

Trading hours:

Sun - Mon 11 a.m. - 9 p.m.

Employees:
2 FT; Part time on call
Years established:
2023

Listed by

Restaurant Realty Company

Broker license number: 01310250