Upscale Restaurant in Old Pasadena - Business for Sale

Request Information

The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.

Unlock Access
🍽️

Seasonal Seafood & Mediterranean Restaurant in Pasadena, CA

Pasadena, CA, US
Added today
Upscale Restaurant
2 years in business

Restaurant offering seasonal seafood and Mediterranean fusion cuisine located in Old Pasadena, California, featuring a recent luxury remodel and a Type 47 liquor license.

Key Information

Asking

$800K

Revenue

$2.3M

Earnings

$140K

Multiple

5.7x

Key Highlights

  • Years established: 2
  • Location: Pasadena, CA
  • Restaurant size: 5,303 sq ft street level plus 1,320 sq ft basement storage
  • Seating: 150 indoor, 15 bar, 20 patio
  • Lease: Monthly rent $20,761.81 plus CAM charges $5,678.36
  • Staff: 24 part-time employees, 6 full-time employees (including 1 chef and 3 cooks)
  • Type 47 liquor license included
  • $2M capital investment in complete remodel completed in 2024

Contact Info

Unlock Premium Features

Get everything you need to find, finance, and acquire your business

Personalized Deal Flow

On and off market deals curated to your search criteria.

Unlimited 1:1 M&A Support

Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.

Pre-Vetted Deal Team

  • * Intros to our preferred lenders
  • * Access to our investor community
  • * Discounted 3rd party Financial and Legal diligence