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Profitable Toluca Lake Burbank Restaurant For Sale

Toluca Lake, CA
listing image
Asking Price:$1,250,000
Gross Revenue:$1,700,000
Cash Flow:$385,000
Established Year:2014
Listing ID: 2200533Listing provided by BizBuySell
BUSINESS DESCRIPTION

Rare Business Opportunity - absentee owner

PROFITABLE TOLUCA LAKE BURBANK RESTAURANT FOR SALE

PROFITABLE TURN KEY EQUIPPED & STAFFED RESTAURANT FOR SALE
Premises: Approx. 2450 plus patios
Monthly Rent: $9000.00 per month
Parking: Exclusive
Lease Term: 10 yrs.
ABC LICENSE: 2 am 47 Liquor License
SALES & PROFITS: $1,700,000 yr. $385,000 yr.net profit + $135,000 Salary

PRICE: 1,250,000 all cash

Comments: Prime Toluca Lake 1st Time on the Market.
Absentee Ownership
Exhibition Kitchen— DINNER ONLY 7 days per week

DETAILED INFORMATION
Location
Toluca Lake, CA
Inventory
Not Included in asking price
Facilities
PROFITABLE TOLUCA LAKE BURBANK RESTAURANT FOR SALE PROFITABLE TURN KEY EQUIPPED & STAFFED RESTAURANT FOR SALE Premises: Approx. 2450 plus patios Monthly Rent: $9000.00 per month Parking: Exclusive Lease Term: 10 yrs. ABC LICENSE: 2 am 47 Liquor License SALES & PROFITS: $1,700,000 yr. $385,000 yr.net profit + $135,000 Salary PRICE: 1,250,000 all cash Comments: Prime Toluca Lake 1st Time on the Market. Absentee Ownership
Competition
PROFITABLE TOLUCA LAKE BURBANK RESTAURANT FOR SALE PROFITABLE TURN KEY EQUIPPED & STAFFED RESTAURANT FOR SALE Premises: Approx. 2450 plus patios Monthly Rent: $9000.00 per month Parking: Exclusive Lease Term: 10 yrs. ABC LICENSE: 2 am 47 Liquor License SALES & PROFITS: $1,700,000 yr. $385,000 yr.net profit + $135,000 Salary PRICE: 1,250,000 all cash Comments: Prime Toluca Lake 1st Time on the Market. Absentee Ownership
Support & Training
PROFITABLE TOLUCA LAKE BURBANK RESTAURANT FOR SALE PROFITABLE TURN KEY EQUIPPED & STAFFED RESTAURANT FOR SALE Premises: Approx. 2450 plus patios Monthly Rent: $9000.00 per month Parking: Exclusive Lease Term: 10 yrs. ABC LICENSE: 2 am 47 Liquor License SALES & PROFITS: $1,700,000 yr. $385,000 yr.net pr
Reason for Selling
Retirement
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Ira
Spilky
Ira Spilky & Associates
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Ira Spilky
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