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Marina del Rey, Los Angeles County, California
Iconic Restaurant
Asking Price
$289,000
Revenue
$2,500,000
Down
Call/Email
Cash Flow
$144,000
Description
Owner is retiring after a successful and profitable 30 year career. Owner also owns a property and will become the Landlord, therefore there is one person to deal with. Long term lease is available. Owner will consider selling the property to the qualified party.
Owner has an extensive staff and only works part time. New full time Owner may be able to reduce staff and therefore could reduce expenses and increase profits. Liquor license is clean with no violations. 65 sitting capacity plus additional 20 in outdoor patio.
Seller is looking for a qualified buyer only. Only serous buyer with serious restaurant experience will be considered. Proof of funds and NCND will be required before meeting the Seller. Qualified buyer will have undivided attention and training with current Owner who is very serious about seeing the new owner successful.
Business Details
Year Established:
1997
Employees:
21
FE&E:
100,000
Reason for sale:
Retiring
Property Information
Size in Square Feet:
2,300 sqft
Lease Terms:
long term
Lease & Tenant Information
Posting Information
Posting ID:
1980071
Business Category:
Restaurants & Food
Business Types:
Grill Restaurant
Attributes:
Broker Cooperation
E-2 Visa Eligible
License (Liquor, etc.)
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.
Posting Title
Iconic Restaurant
Posting ID
#1980071
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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