Exquisite Upscale Restaurant & Bar (#therestaurant)

Exquisite Upscale Restaurant & Bar
Price: $650,000
Revenue: $3,139,560
Adjusted Cash Flow: Undisclosed
Location: On Major Blvd.

Exquisite, upscale American restaurant and bar serving refined steaks, seafood, brunch, and world-class cocktails in an elegant, converted Craftsman cottage with 3 patios & multiple fireplaces. This lovely and inviting restaurant with a warm décor and lushly landscaped patios is meticulously maintained, inside out with seating for 180 guests. Renowned throughout So. California for lunch, dinner, and weekend brunch plus special events, including intimate weddings since 1975.

This high-volume restaurant & bar is perfect for a seasoned owner-operator or skilled chef. The restaurant features multiple dining areas. A fully covered patio with ceiling fans, heaters and a roll-down media screen can be fully enclosed in inclement weather and accommodates 60 to 80 people. The main dining room seats approximately 40 guests. An intimate and attractive bar seats 20 guests for specialty cocktails, fine wines, desserts and small bites. The quaint, trellised back patio serves 20-24 guests and the garden patio with stone fireplace seats 40 comfortably for private parties and dining or 60 or more for cocktails. There are two fireplaces, one indoors and one outside.

Setting the bar even higher when it comes to craft cocktails, they have an ice room complete with a 300 lb ice block maker, butcher’s band saw (for ice), cold draft ice machine and a wine cooler. Creating an opportunity to sell ice to other restaurants and bars.

The chef’s kitchen was rebuilt 8 years ago with all new equipment. The building also features a downstairs storage area complete with ice machine, walk-in cooler, walk-in freezer, caged liquor storage, wine fridge and small wares. Other features include a back office, storage room, plus a large, dish and storage area.

Equipment is as follows:  Kitchen- 2 Jade 6 burner range with refrigerator drawers, 1 Jade Griddle + 2 burner range with oven, 1Jade Gril, 1 Pitco fryer, 2 Jade Salamanders, Hot/Expo Line- 2 door under counter fridge, 2-drawer under counter fridge, Countertop induction burner, Warming drawer, Blodget double oven, Salad/prep station with under counter fridge, 2 X 2 door under fridge with counter work stations, Ice cream freezer, 1 Sous Vide, dish pit. Bar- Perlick glass chiller, True 24” wide tall fridge, True 2 door under counter fridge, glasswasher, stereo system & TV. Basement: vacuum sealer, Slicer, Hobart mixer, Hoshizaki ice machine, freezer, Beverage Area: 2 door under counter fridge-service station, Coffee maker, La Marzocco Espresso machine, Burn coffee grinder- Office:  2 desk top PC’s, Copier/Printer (Leased), True 24” wide tall fridge for wine. Ice Room: 300 LB ice block maker, butcher’s band saw (for ice), cold draft ice machine & freezer. Other Items Include: Toast POS system with 4 stations, security system & cameras, all tables, chairs, umbrellas, outdoor heaters, pots, pans, utensils, dishware, glassware, flatware etc.

This is an asset sale.