Lakewood Area Cocktail / Dive Bar – Absentee Operated!

This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, and the coveted entertainment, dance, and cabaret entitlements, amongst others. Though the business is not required to serve food, it does possess the ability to provide some basic food options and a variety of snacks to help keep patrons fueled through the night. The 6,700 square foot venue (plus patio) leases for $9,776 per month including triple net (NNN) expenses and parking, on a lease until 2028 with one 5-year option. All the business’s furniture, fixture, equipment, goodwill, Type 48 Liquor License and additional associated licenses and permits will be included in the sale. The billiards tables, juke box and video games are not owned, however are on an attractive revenue share. ATM machine receives $1 per transaction. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price. While the greater Long Beach area hosts a variety of bars catering to a similar client base, few have the type of comprehensive offering that this venue possesses. As a result of their ultra-convenient location with excellent freeway access, the variety of offerings they provide between several distinct and superbly appointed areas, and the breath of their entitlements, this business is a significant and sustainable long-term advantage over competitors that is difficult to compete with or replicate. This multi-faceted operation may benefit from a full-time working owner-operator with hospitality experience to help in the development of events and promotions and to maintain top-notch customer service while minimizing potential waste and wage expenses.

This 750-square-foot facility leases for $5,550 per month plus an additional $ 300 in common area maintenance expense (CAM) on a lease until 12/31/27 with one 5-year option. The salon's furniture, fixtures, equipment, and goodwill are included. West Hollywood is a particularly competitive market for nail salons; however, this venue has established itself as a location to aspire to become as its proven itself year in and out. Their attractive price points, convenient access, onsite parking, spacious feel, and comprehensive service offering provided them a sustainable competitive advantage over incumbent locations while creating a formidable barrier to entry for potential new competition. The salon could benefit from a full-time working owner to ensure top-quality sales and customer service. Alternatively, the addition of complementary services such as facials, body wraps, massages, etc. could not only bolster but also diversify the revenue base. New operations may also wish to offer a retail selection of related beauty care products.

This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues. The celebrated brand is known for its innovative creations. The wholesale operation supplies nearly 85 coffee shops and cafes as well as prestigious retail chains in Los Angeles and Orange County. It has implemented nationwide shipping for the customer favorites that lend themselves to being frozen. This 6k square foot production facility is available for purchase for $2.775 ml, or a 2-year lease will be offered at $11k/month (gross – with options to be discussed) to assist a buyer through a transition period if they do not have an existing facility and will not purchase this one. The premise has multiple walk-in coolers, a freezer, mixers, large hood, convection and stand-up baking ovens, management offices, storage and a conference room. The 1k square foot retail location leases for nearly $4k/month on a lease until 2025. It is in one of Los Angeles’s most coveted areas. Competition exists on several levels in each of the bakery's product categories. The categories include pastries, cakes, pies, cookies and more. We are hard-pressed to name any competitors with as celebrated a name or that have received the level of accolades, publicity, or media attention that this brand enjoys. New management may choose to grow the burgeoning brand in any number of ways. They may wish to bolster their retail presence in key locations that may be serviced from a central commissary, or they may choose to set up regional commissaries or bake onsite. Alternatively, the celebrated brand may go the retail route to be showcased in grocery or specialty stores, or they can continue to expand their wholesale presence in coffee shops and cafes. Product extensions are also possible and plenty of runway remains to continue to grow with their existing line by penetrating deeper into the existing market or expanding into larger with a larger geographic footprint into adjacent regional markets or beyond.

This Hancock Park area restaurant with sidewalk seating boasts a high visibility location with a liquor license, and onsite parking. The restaurant offers a cozy, inviting atmosphere in a highly accessible location in an affluent area. The venue is surrounded by a residential neighborhood, which draws steady foot traffic throughout the week. This 1,206 square foot venue leases for $11.4k per month on a lease until 2027 with two 5-year options. The location sublets 700 square feet of its space for $4k/month. While its name and menu will not be included, all of its furniture, fixtures, equipment and Type 47 Liquor License will be included. An estimated $5k in beer, wine and liquor inventory will be sold at cost at close, in addition to purchase price. While other establishments may rely heavily on brand recognition or fast-casual concepts, this restaurant stands out with its authentic Italian offerings and warm, sit-down atmosphere. Its prime location—nestled within a busy retail plaza with strong anchor tenants and ample parking—gives it an edge by capturing both destination diners and spontaneous foot traffic from nearby shoppers and residents. New operators may choose to capitalize on this high visibility corner location to launch any number of concepts. The venue’s location, liquor license and onsite parking lot provide a strong foundation, while its flexible layout, and kitchen equipped with 2 stoves, an oven, grill, griddle and deep fryers, provide management a variety of options when taking the location forward.

This Long Beach bar and restaurant boasts an ideal outdoor patio with an unmatched view, plenty of onsite parking, dance and live entertainment all at a highly attractive lease rate. The venue, which has continuously operated since the mid-1970s, is comprised of several rooms that allow management to host several events or partition off the bar or restaurant space as customer demand merits. The spacious kitchen has a comprehensive line that includes convection ovens, pizza ovens as well as a large griddle, grill, stove, deep fryer, two ice machines, a long food preparation line and a walk-in cooler and freezer. This 9,300 square foot facility with an outdoor patio leases for $13,000 per month on a lease until 2023 with one 10 year option. All of the business's furniture, fixtures, equipment, goodwill, Type 47 Liquor License, and any applicable dance and entertainment permits will be included in the sale. Approximately $10,000 in liquor inventory will be sold at cost at close in addition to purchase price. While competition exists for dining, drinking and entertainment venues, few competitors occupy the type of space or possess the attractive lease rate that this one does. Fewer still have the spacious onsite parking availability or the type of unique location with the stellar views this one has. New operators may choose to maintain the existing concept or they may capitalize on the attractive lease rate, location, liquor license and entertainment offerings to launch any number of new concepts. The facility has the space to simultaneously host 100+ guest banquets or special events during regular business operations, which provides the new owner the ability to diversify the income stream.

This Sun Valley Congregate Living Facility sale includes a 6-bedroom facility property, as well as its Department of Human Services (DHS) License! The Type A Congregate Living Facility was established in 2014. The business has a Medical Director, a Registered Nurse (RN), 11 Licenses Vocational Nurses (LVNs), and 8 Certified Nursing Assistants (CNAs) and currently has 5 residents. This 2,610 square foot residence with 6 bedrooms is located on a 6,700 square foot lot. All of the business's furniture, fixtures, and equipment, as well as its property, is included in the sale. Permits, licenses, and contracts in place that should transfer in the sale include the Department of Health Care Services (DHS) License, Providence and Saint Joseph's Hospital contracts, Medi-Cal provider number as well as agreements in place. With the influx of baby boomers and those with congregate living needs, this is a growing industry that remains somewhat protected from nascent competition due to its stringent licensing requirements. This is a relatively new business that is licensed for community living, with real estate included in the sale. Inquire directly for details.

This restaurant and nightclub are centrally located in the heart of Fullerton's highly popular entertainment corridor. The venue boasts an occupancy of over 540, which is reported to be the highest of any bar or nightclub in the area. This 6,700-square-foot facility leases for a base rent of $17,500 per month on a lease with just over 5 years remaining. They have 2 bars, a stage, outdoor patios as well as a spacious kitchen with a walk-in. One of the bars has a 14-tap beer system while the other bar has a 10-tap system; the front of the house has an 8-terminal point of sale (POS) system. All of the business's furniture, fixture, equipment, goodwill, Type 47 liquor license, and conditional use permit entitlements will transfer in the sale. Approximately $20,000 in inventory will be sold at a cost close in addition to the purchase price. While competition exists in this popular area, this venue occupies prominent real estate at the epicenter of this entertainment corridor and benefits from the most comprehensive and operator-friendly entitlements of all of the options within the comparative set. As such, competing venues are hard-pressed to match this one's unique attributes. The business could likely benefit from the presence of fully engaged full-time owner-operators with industry experience. This will not only help to ensure top quality customer service, but also a top-quality dining experience, the most alluring ambiance that caters to today's patrons, a competitive entertainment offering, and the resultant maximum restaurant, bar, bottle service, and door revenues.

This celebrated Beverly Hills area restaurant with beer, wine and sidewalk seating has established a strong reputation for its award winning European cuisine. The venue boasts fantastic street visibility in a highly popular shopping district and employment center (not in the Golden Triangle area) and has a coveted lease at what's deemed to be well below market rate (< $4 psf). The facility has a full kitchen with a convection oven, a 6 burner stove/oven combination, a table top stove, grill, griddle and deep fryer. It has a 3 bucket sink and dishwashing unit as well as a large walk-in cooler. This restaurant leases for $4,700 per month plus $470 in triple net (NNN) expenses on a tremendous lease that does not expire until December 2021 with three 5 year options. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. Approximately $75,000 in wine inventory will be sold at cost at close in addition to purchase price. While competition exists, this is a well-established and quite well known venue. As such, it has created a name for itself and developed a loyal following that includes some of Hollywood's best known personalities that would be impossible for an industry entrant to replicate. While new management may wish to promote the venue, they will likely want to operate the restaurant in the traditional way that has proven to be successful over time! They may also wish to further capitalize on the premise's extensive 350 label wine list. This is an SBA Candidate and there is already a $250k assumable SBA in place that may be assumable based on buyer qualifications Training: 2 Weeks at 20 hrs/wk