Pasadena Restaurants For Sale
Turnkey Restaurant For Sale With HUGE Opportunity!
ASSET SALE
Owner is offering this restaurant as an asset sale. Owner is relocating to a larger facility due to their overwhelming success, so this location has hit a homerun already for you to pickup where they left off.
They used this location to develop their concept and test their menu and have gathered the information needed to take their business to the next level. They will be taking the name, menu and recipes with them. So you're buying a facility, lease, assets, etc.
This is a fully equipped turnkey restaurant. The location is still open for business so please remember as you visit be, discrete in taking with any of the staff members.
Equipment includes a 6 burner, flat grill and oven, steam oven (for baking crusty French rolls), large dough mixer, plenty of work tables, refrigerators and freezers, dishwasher, microwaves, sandwich refrigerated unit, refrigerated display cooler up front and much more.
So if you have been looking for a location to bring your new concept or expand into another location with plenty of equipment and is in one of Southern California's most affordable and desirable areas this might just be the place for you.
PS After visiting the location there is a possibility the owner would consider selling the business under a licensing agreement. The buyer would continue the current operation and follow the companies operation policies. Many proprietary items would be purchased from company and recipes would not be shared but the menu and current operations would be trained and over seen by parent company. Price for this would be Considerably Higher.
Please visit our website at SellingRestaurants.com to get the name and location of this restaurant business for sale.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
Closed Mondays
Facilities
Highlights
- Located in a nice community
- Fully Equipped Restaurant
- Rent including NNN $2.21 per foot
- Good Parking
- Locate near a busy intersection
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 48,094 | 91,243 | 280,562 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 15,039 | 27,930 | 77,142 |
| 2010 Persons Per Household | 3.08 | 3.19 | 3.50 |
| Median House Value | $525,400 | $559,462 | $419,655 |
| Income Per Household | $88,819 | $90,113 | $69,270 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,277 | 3,131 | 7,089 |
| 2012 Number Of Employees | 23,062 | 60,442 | 179,738 |
| 2012 Total Annual Payroll | $639,292,000 | $1,455,928,000 | $3,820,740,000 |
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.