Nov 8, 2019 — Business Description
This gorgeously structured restaurant and banquet hall is located in the heart of Hollywood, one of the busiest cities in Southern California, a city known for huge tourist attractions. The restaurant/banquet hall draws customers year-around due to its beautiful interior, inviting ambiance and high street visibility. It is also well known for their delicious food and friendly service. The 4,000 sq. ft. restaurant and banquet hall is the perfect setting for any type of event that can accompany an approximate of 142 to 180 guests with plenty of parking for guests. It is equipped with high-end front and back of the restaurant/banquet hall furniture, fixtures and equipment. Along with the state of the art kitchen setup with several large walk-in coolers and freezers as well as ample storage space.
This restaurant/banquet hall is well-established and rooted surrounded by a growing commercial and residential area. In operation for over 25 years, the owners have made and maintained customer service and quality cuisine a top priority. Ownership is retiring after 30 years in the same business. Seller is looking for ambitious, serious and all cash buyer. Seller will stay for 30 days training of new owner and to help be similarly successful and much more. Restaurant/Banquet Hall separately makes an average of $50,000.00 Gross Revenue a month.
The Restaurant is serving separate business establishment with high quality food for the last 15 years (Day Care Servicing Business) with an average Gross Revenue of $40,000.00 a month.
Separate grocery store at the same plaza, owned by the same owner is included in the same price. Great, money making opportunity for any ambitious buyer. Grocery Store makes an average of $100,000.00 Gross Revenue a month.
Total Monthly Gross Revenue from all 3 avenues is $190,000.00 a month.
Seller is looking for all cash buyer with ambitions and great ideas to double or triple the business income. Possibilities are endless.
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