$499,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 289718
3/12/25
Description
This Long Beach Coastal bar and grill is located in the city’s most coveted hospitality and entertainment area. The relatively new gastropub boasts fantastic street visibility, outdoor patio and a highly flexible build-out that may be adapted to any number of bar and food driven concepts. The venue is known for its extraordinary liquor and craft beer selection together with its lively, welcoming atmosphere and a menu crated to satisfy foodies and specialty cocktail lovers alike.
The seller may consider a $100k seller carry for 3 years.
This 2,900 square foot venue, with an outdoor patio is ideally located with stellar street visibility and foot traffic, leases for $12k per month including triple net expenses on a lease until April 2029 with one 5-year option. All of the business’s furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. An estimated $5k - $10k in inventory will be sold at cost at close.
This gastropub with Karaoke is located in the heart of one of Long Beach’s bustling culinary scenes. While many area eateries showcase cuisines with ethic flares, this one has mastered the tried-and-true classic customer favorites that are perfect to accompany liquor, beer and wine enthusiasts as well as mixology afficionados. Given the space’s street visibility, outdoor patio, convenient access, flexible layout, spacious kitchen with a walk-in cooler, and new ultra-modern beer tap system this opportunity provides its operator several sustainable competitive advantages.
New operators will look to maintain the existing concept, or they may capitalize on the operator friendly layout, spacious kitchen, beer tap infrastructure and entertainment entitlements, to rebrand as a new location for an existing chain or to implement an entirely new concept.
To get more information about this Coastal Bar And Grill - Ideal Visibility, Type 47 business for sale in Long Beach please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289718 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Coastal Bar And Grill - Ideal Visibility, Type 47, 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: $499,000.00
Down: $575,000.00
Cash Flow: $161,112.00
Revenue: Call/Email
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
Down
Cash Only
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Revenue
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Down
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Down
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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Down
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Down
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Revenue
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Revenue
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Down
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Cash flow
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Revenue
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Down
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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.
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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.
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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
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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.
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