$525,000.00
Asking Price
Address: Santa Monica,
Status: Active
Posting ID: 286430
5/6/24
Description
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere. The menu offers a range of dishes from classic comfort foods to innovative culinary creations, along with a selection of craft cocktails and local beers. The venue often hosts live music events, contributing to its lively ambiance and making it a favored spot for both locals and visitors seeking good food, drinks, and entertainment.
This 2,400 square foot location leases for $10k per month on a lease until August 2028 with one 5 year option to extend. The venue boasts 2 walk-in coolers, new plumbing and electric with a buildout that is under 10 years old, a 10-tap beer system, a manager’s offer as well as onsite parking. The bar and restaurant has an official occupancy for 95 patrons, but can accommodate up to 125. All of the business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close.
Although the greater Santa Monica area is considered to be a highly competitive marketplace for bars and restaurants, this market leader is located in a highly coveted area that caters to its own neighborhood market segment. As a result, the location enjoys a bit of insulation from the more touristy areas with fierce competition.
New management will likely want to capitalize on a formula that has proven successful, while being mindful of several expense categories that amount to over $200k in costs, that may be reduced via in-house staff coupled with an active owner-operator.
To get more information about this Bar - With Full Kitchen, Great Atmosphere business for sale in Santa Monica please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286430 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Bar - With Full Kitchen, Great Atmosphere, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $525,000.00
Down: $525,000.00
Cash Flow: $30,653.00
Revenue: $1,943,524.00
Area: Santa Monica
City: Santa Monica
Attributes:
My Notes About This Listing
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Posting: 284106 | Available | 5/22/24
This is a well-established business located in a busy shopping complex and has been open for 30 years, full-service dry-cleaning and professional alternation. They have an excellent alteration business. The seller claims gross income for 2023 will be close to $300,000.
Asking Price
$200,000
Cash flow
$126,303
Revenue
$1,749,051
Down
$500,000
Posting: 280756 | Available | 5/28/24
Price Reduced. This is a locally owned pet food and farm supply store with a knowledgeable staff with deep roots in the local farm and pet community. Wide variety of pet food including wet, dry, and fresh products for dogs + cats and also feed and bedding for chickens, goats, horses, etc.
Asking Price
$500,000
Cash flow
N/A
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Posting: 285637 | Available | 5/24/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
N/A
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N/A
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Posting: 286093 | Available | 5/22/24
This is an FDA Registered Manufacturing Facility for: Dietary Supplements, Food, Alcoholic Beverages, Beverages, Coffee, Tea, Dressing & Condiments. Get the chance to start a ready to go Dietary Supplement Manufacturing Facility and Co-Packing / Contract Manufacturing Facility. Huge Potential!
Asking Price
$249,000
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 5/24/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
$69,751
Revenue
$114,905
Down
$150,000
Posting: 280975 | Available | 5/28/24
This family business started in 1985, provides residential, commercial, and window cleaning in the area of Santa Clarita, Porter Ranch, San Fernando, and beyond. Their works cover from basic vacuuming and dusting to full range deep cleaning, tenant move-out cleaning, and building exterior wash.
Asking Price
$150,000
Cash flow
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Posting: 284105 | Available | 5/22/24
This is an absentee-run Subway franchise for sale in a busy shopping centre near Safeway. There is a lot more potential for more profits/sales with an owner-operator. This store was recently remodeled. Subway is the world's largest sub sandwich chain with more than 40,000 locations.
Asking Price
$120,000
Cash flow
$657,816
Revenue
$2,786,701
Down
$3,200,000
Posting: 284829 | Available | 5/23/24
For sale is a controls systems & product engineering company specializing in sensors & MMI controls with over 25 years of history. It was originally started as a product development firm and in the past 40 years has been transitioned into a product manufacturing company.
Asking Price
$3,200,000
Cash flow
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Revenue
$960,000
Down
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Posting: 286537 | Available | 5/26/24
A rare opportunity exists to own a well-established liquor store with gas, operating on a large commercial-zoned real estate lot with short operating hours. The monthly rent from two rental properties amounts to $6,250.
Asking Price
$2,600,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 5/23/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 5/26/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
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Revenue
$525,000
Down
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Posting: 285786 | Available | 5/24/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/26/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$77,113
Revenue
$466,499
Down
$1,200,000
Posting: 286654 | Available | 5/27/24
A top-notch daycare, preschool, and property in a destination city with seasoned employees. Since 2012, they have been offering children exemplary care. Licensed for 42 preschoolers and 8 infants. features three outdoor play areas, two kitchens, and four bathrooms on a 2656-square-foot property.
Asking Price
$1,200,000
Cash flow
$336,271
Revenue
$603,248
Down
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Posting: 285968 | Available | 5/23/24
This highly profitable med spa weight loss clinic can be run by a skilled nurse practitioner or physician assistant. Services include weight loss, laser hair removal, and skin rejuvenation. This MedSpa offers the latest in cosmetic procedures.
Asking Price
$749,000
Cash flow
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Posting: 283972 | Available | 5/22/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
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Revenue
$550,000
Down
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Posting: 283306 | Available | 5/28/24
Real estate staging service serving the always-booming Silicon Valley market. A great reputation, in business for 17 years, diverse customer base, efficient operations. Some seller financing may be available for a qualified buyer. Existing stagers grow your business 'overnight.'
Asking Price
$299,900
Cash flow
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Revenue
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Down
$10,000
Posting: 286567 | Available | 5/26/24
For sale is an upscale full-service modern hair salon with in the heart of Downtown Alhambra. This salon has 10 stations and 3 shampoo bowls. The salon offers precision haircuts, custom coloring, re-texturizing straight and curly hair, and updos. Individual room for lash extensions, massage& waxing
Asking Price
$65,000
Cash flow
$1,200,000
Revenue
$1,140,000
Down
$55,000
Posting: 286780 | Available | 5/25/24
It is located between downtown LA and Koreatown, the biggest advantage is that there is no competition, so profits and net income are very high. The cost of rent is $2,805 for 2,600 sq ft. + basement. (additional reason why profits are high). It is a relatively safe place.
Asking Price
$1,050,000
Cash flow
$180,000
Revenue
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Posting: 248011 | Available | 5/28/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$250,143
Revenue
$1,484,585
Down
$330,000
Posting: 278359 | Available | 5/28/24
This business has $1.48m in sales and $233k SDE. Plus, the year-over-year net income is up 83% for this 30+year-old Landscape Contractor Board licensed design, installation, and maintenance business. It has organized routed monthly maintenance contracts and a crew of 12 FTE and 6 PTE.
Asking Price
$1,649,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 5/25/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Cash flow
$180,000
Revenue
$550
Down
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Posting: 274482 | Available | 5/26/24
Top brand blinds, shades, shutters, etc retail. Easy to operate profitable and potential business even without advertisements or marketing. Ideal location on a high-traffic major street and the hub of Silicon Valley. Increasing sales yearly with many repeat & new customers. Price was lowered.
Asking Price
$200,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 5/23/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
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Revenue
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Posting: 285746 | Available | 5/24/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
Asking Price
$125,000
Cash flow
$384,000
Revenue
$732,000
Down
N/A
Posting: 286371 | Available | 5/25/24
For sale is a high-volume location in a beautiful vacation destination city. It is 8 years old and is already one of the highest volume locations in Northern Ca. With ample parking, loyal customers, and is the only laundromat in town! Serious inquiries only.
Asking Price
$1,800,000
Cash flow
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Revenue
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Posting: 286785 | Available | 5/25/24
For Sale: A 4 Year Old Established Home Health Care Agency in Van Nuys, CA. The agency is fully licensed and accredited, having passed all surveys. There are NO loans, NO debts, and NO deficiencies. It is clean and ready for an ownership change.
Asking Price
$160,000
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 5/22/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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