Contact: Steve Torabi At 949-427-0414 , 949-424-6065 - Also Email This Contact Below
Asking Price: $299,000 Down Payment: Call / Email
Annual SDC: Call
Annual Gross: $2,850,000
Business Address: None Given City: Long Beach Zip: None Given
Attributes: Broker-Broker Coop, Absentee Run, Training & Support
This is a unique opportunity to purchase this long established high volume restaurant located in long beach in a large center with lots of parking, patio, full bar with large sitting area with lots of beers on tap, plenty of tvs and a spacious dining room with plenty of room for small and large groups.
The concept is upscale fast casual counter service (no servers) and the menu is diverse for any taste, diet or appetite.
2019 Pro forma financial analysis:
Rent: $245k (below the 10% industry standard)
Payroll: $840,000 (an owner operator can reduce the payroll by 3% or $96k a year)
Misc. Expenses: $258k
Net potential income: $400k+ for an experienced owner operator who can manage the payroll and C.O.G. to industry standards of 30% each and uncontrollable expenses at 10%.
To get more information about this American Diner Restaurant, Liquor License, Patio business for sale in
Long Beach, La County please phone Steve Torabi (Intermediary, Broker - BRE License #:01113651) at 949-427-0414 and 949-424-6065 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #258988 on BizBen.com. In addition to phoning
Steve Torabi, make sure you email Steve Torabi above to get more info about this
American Diner Restaurant, Liquor License, Patio, to ask any questions or request an appointment to see this
business for sale. Thank you.
Contact: Jack Oh: None Given, 562-544-6863
Status: Active Posting #: 267732 Refreshed: 5/8/2021
Asking Price: $199,000
Down Payment: $50%
Annual SDC: $90,000
Annual Gross: $900,000
Attributes: Training And Support
Owner is retiring after 38 years. Recently remodeled 3 years ago. Fully equipped with walk in cooler and freezer. Has beer wine license. Located on a major street. Densely populated area. Seating for 150. Monthly gross: $75,000. Annual net: $90,000.
Contact: Ryan Clark: 310-652-8353
Status: Active Posting #: 267637 Refreshed: 5/12/2021
Asking Price: $225,000
Down Payment: $225,000
Annual SDC: $60,000
Annual Gross: $521,518
Attributes: Broker-Broker Coop, Semi Absentee Run, Training And Support, Owner Financing
Eagle Rock area restaurant boasts a modern, clean build-out with an open floor plan. Venue has multiple interior dining areas. Fully outfitted kitchen has a walk-in cooler. convenience freeway, main street access. 2,000 + sf. M onthly rent $6,340. Lease expires 2028 + a 5 year option.