Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $999,000 Down Payment: $999,000
Annual SDC: $320,000
Annual Gross: $2,000,000
Business Address: None Given City: Long Beach Zip: None Given
Attributes: Broker-Broker Coop, Training & Support
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.
To get more information about this Bar And Restaurant business for sale in
Long Beach, LA County please phone Ryan Clark (Broker) at 310-652-8353 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #250326 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Bar And Restaurant, 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: 5/2/2021
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
This Eagle Rock area restaurant boasts a modern, clean build-out with an open floor plan as well as stellar street visibility. The venue has multiple interior dining areas, each with its own unique ambiance. The fully outfitted kitchen has a walk-in cooler. convenience freeway, main street access. This 2,000 plus square foot space leases for $6,340 on a lease that expires in 2028 with one 5-year option. The venue has seating for 60 patrons inside. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $2,000 in inventory will be sold at cost at close.
Contact: Ray Roldan: 310-980-5945
Status: Active Posting #: 267141 Refreshed: 5/1/2021
Asking Price: $1,800,000
Down Payment: None
Annual SDC: $475,000
Annual Gross: $2,900,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Absentee Run, SBA Loan Pre-Qualified, Training And Support
Two (2) Bagel and Sandwich Shops / Excellent Commercial, Hotels, Hospital and Residential hi and middle income. Pre-pandemic approximately $2.9 million 2019 / Pandemic approximately $2.7 plus 2020. Management operated / Owner works two (2) days per week. Salary $171k One (1) location has seating.