Fabulous SAN GABRIEL VALLEY restaurant and craft cocktail whiskey bar with private 1920's elegant speak easy complete with piano, fireplace, copper ceilings and antique glassware. Over a $1,000,000 remodel in 2017 complete with the finest materials throughout and furnishings from Restoration Hardware. Featuring a 38 ft bar, stage, dining area and two patios. Type 48 ABC license with entertainment. Open Wed-Sun starting at 4pm with a delicious comfort lounge menu. 18 craft beers on tap. Live music Thurs-Sun nights. CUP until 1AM. Back lounge patio features fire tables, couch seating, TV, tables, chairs with seating for 32. Front patio features a movie screen, heater and seating for 18 or more. Speaker system throughout with 8 speakers. The Speak Easy can be rented out for private parties and can accomodate up to 32 people. Some equipment includes: POS system, grease interceptor, walk in cooler, 12 ft. hood, 2 door freezer, 2 door fridge, 6 burner stove with oven, double fryer, 24" charbroiler, 36" grill, 5 ft. salamander, food warmer, 2 refrigerated prep stations, storage area, outdoor shed, private office, Touch Bistro POS system, Restoration Hardware lighting throughout. Complete back bar with 3-triple door under counter refrigerators, 2 jocky boxes, etc. Restaurant opened in June 2017, with sales increasing each month. Extremely lucrative business with loyal clientele.

General Info

  • OrganizationContact For Info
  • Established2017
  • Current Owner2016
  • Employees11
  • Reason For SaleOther Interests

Facilities

  • Seating99 indoors- 50 patios
  • Square Feet3500
  • ParkingRear Lot, Street and Public Parking Lot
  • LicensesCity, Health, Entertainment, ABC
  • Open HoursWed-Sun Opens 4pm

Lease

  • Rent$3,209 gross
  • ExpirationDec 31, 2021
  • Yearly IncreaseJan 2022-2027 rent $3402; Jan 2027-2032-$3606
  • Option2-5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$75,000
  • Monthly Cash Flow$31,985
  • Annual Revenue$900,000
  • Annual Cash Flow$383,820
  • Payroll$$14,747

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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