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Long Beach, Los Angeles County, California
American Restaurant with a Full Patio, high volume and long established
Asking Price
$2,399,000
Revenue
$4,200,000
Down
$420,000
Cash Flow
$630,000
Name: Steve Torabi
Phone: Show phone number
Name
Steve Torabi
Phone
Show phone number
Description
This offering is available to qualified buyers only. Prior to the release of confidential information and execution of a Non-Disclosure Agreement (NDA), interested parties must provide a detailed personal and/or entity financial statement, proof of funds, and evidence of prior experience operating high-end dining concepts and high-volume restaurant operations. Ownership reserves the right to approve all prospective buyers.
Business Summary
This well-established American cuisine restaurant with a full bar has been a cornerstone of its market for nearly 20 years. Known for its broad and approachable menu, the restaurant features high-quality steaks, fresh seafood, and popular Midwest specialties, including ribs and BBQ, alongside thoughtfully developed vegetarian options that appeal to a wide range of guests. The concept has built a loyal customer base and a strong reputation for consistency, quality, and value.
Financial performance is solid and trending upward, with year-over-year sales growth and 2025 revenues exceeding $4.2 million. The business generates annual profits of over $600,000, demonstrating strong operational efficiency and dependable cash flow.
Despite its success, the restaurant presents significant upside potential for a new owner. The operation does not currently utilize third-party delivery platforms and has minimal structured marketing efforts in place. Strategic investment in digital marketing, loyalty programs, catering, and delivery partnerships could drive additional sales and further expand revenue streams.
The real estate terms are highly favorable. Approximately 1.5 years remain on the current lease, with a 10-year renewal option available to the new buyer. Total rent, including NNN, is just under $20,000 per month, reflecting an attractive 6% rent factor—an increasingly rare and desirable feature that provides long-term stability and protects margins.
Overall, this is a proven, profitable restaurant with strong fundamentals, excellent lease terms, and clear opportunities for growth under new ownership.
Business Details
Year Established:
2005
Employees:
40
Reason for sale:
Retiring
Support & Training:
Yes at close of escrow
Property Information
Size in Square Feet:
4,000 sqft
Lease Terms:
11+ years left
Lease & Tenant Information
Posting Information
Posting ID:
1172105
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Bar, Pub, Sports Bar, Lounge, Tavern
Attributes:
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
American Restaurant with a Full Patio, high volume and long established
Posting ID
#1172105
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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