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Long Beach, Los Angeles County, California
Asking Price
$999,000
Revenue
$2,000,000
Down
$999,000
Cash Flow
$320,000
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
250326
Attributes:
Broker Cooperation
Training And Support
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Temecula, California
Restaurant And Bar - With Live Entertainment
$ 450,000
This Temecula bar and restaurant with multiple bars boasts stellar freeway access, main street visibility, a spacious parking lot, and live entertainment with a new, highly versatile build-out that allows the venue to simultaneously offer dining and live music in separate spaces. The venue's unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef-driven menu and extensive craft beer selection, together with the venue's full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keep patrons coming back for more. This 6,700 square-foot venue with a capacity for over 300 patrons leases for $9,800 per month on a long-term lease until 2031 with two 10-year options. All of the business's furniture, fixtures, equipment, and liquor license as well as a live entertainment permit will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to the purchase price. Temecula has several bars, restaurants, and live music venues in its Old Town district and throughout the greater Temecula Murrieta corridor, however, few can match this venue's recent highly versatile, no expense spared build-out and host of entertainment entitlements. As such, together with the location's attributes, it has a built-in long-term sustainable advantage. New operators of this live entertainment, music and dining venue may maintain continuously its ever-growing customer-embraced concept, or the facility may be adapted to any number of alternative concepts that capitalize on the versatile build-out and highly flexible space layout.
Norwalk, California
Restaurant And Bar - Live Entertainment
$ 599,000
This Norwalk adjacent bar and restaurant with live entertainment and sidewalk seating boasts a loyal following due to its unique concept that helps to promote a stable patronage base, its live music and special event entertainment calendar, craft beer offering, and chef-driven menu offerings. This 3,500 square foot leases for an attractive $3,900 per month on a secure lease until 4/2024 with options to be negotiated in the sale. All of the business's furniture, fixtures, equipment, and liquor license as well as a live entertainment permit will be included in the sale. An estimated $5k - $10k in inventory will be sold at cost at close in addition to the purchase price. While bars, restaurants, and live music venues exist in the popular entertainment district that is in Norwalk's adjacent city, few occupy as prominent of high foot and drive-by traffic locations and fewer still enjoy such a reasonable lease rate for such high-profile venues with similar entitlements. As such, this versatile business, which can thrive with any number of concepts, maintains a built-in long-term advantage over competitors. This business may benefit from a seasoned onsite management team with restaurant, entertainment, or general hospitality industry experience. The versatile layout may be readily adapted to any number of similar or entirely different concepts that can capitalize on this venue's attractive overhead structure, liquor, and live entertainment entitlements.
Long Beach, California
Bar - Dance And Entertainment
$ 275,000
CF : $ 122,262
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.
Los Angeles County, California
Energy Supplement Manufacturer, Distributor
$ 150,000
This company manufactured and distributed a proprietary, innovative homeopathic supplement that is designed to support the user's alertness, mental focus and productivity. With over $1.2Ml invested to date, they have created a new and natural way to boost your energy. Developed by top notch transdermal scientists for athletes, their product takes advantage of the skin's absorptive properties to provide an even flow of natural caffeine and other natural supplements for up to eight hours. Since there are no additional ingredients to consume, there are no calories, sugars or carbs. In the past their products have been direct to consumer via online retail and retail outlets such as Dick's Sporting Goods, Walgreens and Bed, Bath and Beyond. The company is currently managed out of a small home-based office. The standard product is made in a ISO-9001 Facility in Southern California. The trade secrets and knowhow were developed after years of research and development and will be passed on to the party who acquires this unique company. All of the businesses related tangible and intangible assets will be included in the sale, including past investments in pending patents, existing customer list, trademarked name, product design templates and user manual data. Approximately 5,000 pieces of inventory to be used as product samples will be included in the sale. Due to the nature of its delivery method using transdermal skin permeation, this product can used alongside other popular supplements such as CBD. The wide market appeal of this product lends itself to a variety of sales channels. While the current owners used a 3rd party distributor who focused mainly on the big box stores via their retail and online websites, there is no shortage of distribution methods for a product as universal as this. As alternate sales channels were never fully developed, the company can establish an alternate ecommerce presence with direct to consumer sales or promote substantial sales via their own webstore and appoint a fulfillment house for shipping. New management can also attempt to revive wholesale relationships with nationwide or regional retailers (e.g. Dick's Sporting Goods, Walgreens and Bed, Bath and Beyond etc). Unlike the alternatives that promote sustained energy, this boasts a unique delivery system that allows the user to control its delivery and avoid the common side effects associated with most of the alternatives in this space. It differs from the traditional method consumption in that it bypasses the gastrointestinal (GI) system and therefore doesn't create the familiar jitters or queasiness associated with caffeinated beverages. It uses skin-based delivery, which is known to be much cleaner than oral delivery methods and designed to provide is a balanced and clean sense pure mental focus.
Los Angeles, California
Hancock Park Area Restaurant w/Sidewalk Seating – High Visibility Corner Location w/Liquor!
$ 395,000
CF : $ 12,000
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.
Los Angeles, California
Nail Salon - Semi Absentee, High Volume
$ 200,000
CF : $ 66,000
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.
Orange County, California
Nightclub And Restaurant - Popular
$ 595,000
CF : $ 180,000
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.
Sun Valley, California
Congregate Living Facility - With Real Estate
$ 1,650,000
CF : $ 180,678
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.
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