MergerPlace

Gauchos Village Steakhouse

Glendale, California


  • Asking Price: $785,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210365
  • Established: 18
  • Employees: 24

Business Description

A Brazilian Steakhouse located in the City of Glendale, CA., has been established 18 years ago with fine Brazil style buffet offerings with Churrascaria Meats of all kinds. Friday and Saturday evening provides Samba Performances, and during the week with Live Brazilian Music and other entertainment. NOTE: The Establishment is closed on Monday's


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
Metropolitan Area: Glendale

Company Information

Year Established: 18
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 24

Financial Information

Asking Price: $785,000
Seller Financing Available: No

Property Information

Facilities:

Restaurant is located in THE EXCHANGE ON BRAND BLVD., in the City of Glendale, CA. The restaurant is 5,604 sq.ft., 200 seats inside including 500 sq.ft., patio for dining between 40/60. The restaurant provided 90 minutes free of parking on 4 levels, walking distance from Brand Blvd. and Broadway along with pedestrian sidewalks.

Growth & expansion opportunities:

Once the new hotel Hotel Louise Glendale, Lammelle Theater now opened and the Panda Inn Crusine along with upgrades by the City of Glendale the growth and expansion will be there along with good food, entertainment and a possible HOOKAH LOUNGE to be established.

Competition:

There are no other Brazilian Restaurants in Glendale and its surrounding areas. However, one such Brazilian Restaurant was established in Burbank, CA., called Pampas Grill and another Brazilian Restaurant in Pasadena, called Cafe Chimichurri.

Reason for selling:

Medical and Retiring

Support & Training:

The currently owner will provide up to 25 hours a week during the escrow period in support all aspects of the restaurant business in this location. The owner has current employees that are patrons from Brazil as his management team and their involvement would be the primary focus for this restaurant business.

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Business Listed By:

Ron Siders

Lancourt Properties