Pasadena Restaurants For Sale
Italian Restaurant with Beer and Wine Established in early 1960's
Here you have a landmark restaurant that has been featured on a very popular TV show and has stood the test of time.
Established in the early 1960's, the restaurant has had 3 owners each building on the others success where today it still has a loyal following. Current Owners have had the restaurant since 2005. The restaurant has been kept up and maintained quite well.
With 2 Dining Rooms its easy to set one up for Banquets and Parties while still giving your regulars a table in the other room.
Owner has just made may improvements to the restaurant including remodeling both the mens' and women's restrooms, replaced counter tops with granite, repainted and more,
Sunday Brunches have been very popular with the locals and there are always new guests coming in to dine on the many items offered. All the menu is prepared from scratch, from the sauces, Italian specialty pastas and everything in between. Much pride is put into all the preparation of the menu items.
The owners claim that the restaurant sales average $30,000+ per month and take home $80,000 per year, but buyer will need to verify this through the due diligence process as SellingRestaurants has Not verified these claims.
Please visit our website at www.sellingrestaurants.com to get the name and location of this restaurant.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Sun Brunch 10 - 2 Dinner 2 -9
Monday Closed
Facilities
Highlights
- Established Italian Restaurant
- Lease including NNN Less that $1.65 per foot
- Nice Decor and Well Kept
- Center Located on a busy street corner
- Good Catering Business
- Beer and Wine License
- Fully Equipped Kitchen with Hood
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 61,531 | 122,615 | 356,756 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 15,455 | 33,506 | 103,150 |
| 2010 Persons Per Household | 3.67 | 3.48 | 3.37 |
| Median House Value | $301,100 | $323,988 | $377,189 |
| Income Per Household | $55,495 | $59,617 | $63,664 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 771 | 1,715 | 6,964 |
| 2012 Number Of Employees | 36,724 | 73,060 | 247,428 |
| 2012 Total Annual Payroll | $845,479,000 | $1,758,593,000 | $4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.