This inviting, chic restaurant and bar was completely remodeled in 2015 and features attractive decor, furnishings a large covered patio. Located next to a large national hotel in a busy shopping center. Floor to ceiling windows offer abundant natual light and a hip vibe! They serve high quality Chinese food, seafood & appetizers daily for lunch, dinner & happy hour with great reviews on Yelp, TripAdvisor and Open Table. Dining room and bar seats 104 and the patio seats 85 in the heart of San Gabriel's restaurant and shopping district. Well equipped kitchen. Front cook line has a 8 ft hood and grill, back kitchen offers a 12ft hood, cook line, walk-in fridge, walk-in freezer and more. SELLER IS MOTIVATED ACCEPTING OFFERS!

General Info

  • OrganizationContact For Info
  • Established2007
  • Current OwnerAugust 2015
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating189
  • Square Feet4011 restaurant 1775 patio total 5786 sq ft.
  • ParkingParking lot
  • LicensesABC, City, Health Dept.
  • Open HoursDaily 11:30am-2:30pm, 5pm-10pm

Lease

  • Rent$8536.52 + Cam $2963.48
  • ExpirationMay 31, 2021
  • Yearly Increase3%
  • OptionNegotiable
  • DepositYes

Financials

  • Monthly Revenue$68,333
  • Monthly Cash FlowContact for Info
  • Annual Revenue$820,000
  • Annual Cash FlowContact For Info
  • Payroll$$22,000

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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