For sale is a state-of-the-art restaurant space in downtown Long Beach with a lot of foot traffic. The size is 2,400 sq. ft. There is a large event space in the back that can hold 100 or more people. It currently has a very healthy menu but can support any menu. All FF&E dates from 2016 and are in perfect condition and it has an excellent long-term lease with rent at under $2/Sq. It has a lot of public parking and over $500k invested into improvements. The landlord will offer assistance with the takeover. The seller is very motivated and says submit all offers. This site is ideal for a bakery.

This successful business profitably functions as a hybrid retail/wholesale enterprise. It is both a high-quality, fast food dining establishment while also serving the commercial bakery market. It is well-established in the community with an excellent reputation and has received various people’s choice awards to include being a finalist in the Best of the Bay Area. The bakery services several wholesale accounts with assorted artisanal breads, and it fulfills special occasion dessert and gourmet pastry orders to include custom products including wedding cakes, cupcakes, cookies, etc. The café offers a full breakfast and lunch menu as well as a selection of pastries and breads that are baked fresh daily. It also serves specialty coffee drinks, house-made fresh juices and tea as well as beer and wine. There is indoor seating and a nice patio, and it accommodates to-go orders as well. It is situated in a high-traffic area near residential neighborhoods and schools. There is some space that is underutilized or could be repurposed. For example, the patio could be used for a second walk-in and/or extra patio seating. And the office space could be used as a private dining room. All equipment was purchased new in 2019 except for the walk-in which, according to the maintenance technician, is in very good condition and should last for many years. The bread oven is about 6 months old and is extremely efficient. The hood is Captive Aire model 5424 ND-2-PSP-F, length 14'8". The equipment continues to be very well maintained and kept very clean. All equipment is owned outright. Inventory: $14,500 Included in asking price Real Estate: Leased Building SF: 3,542 Lease Expiration: N/A Employees: 9 Furniture, Fixtures, & Equipment (FF&E): $150,000 Included in asking price Facilities: This neighborhood hotspot has a modern, inviting décor. It is a high-visibility space with easy access and a large parking lot. The lease and facility costs are reasonable. Tenant improvements included a complete remodel of the space down to the studs and included replacing plumbing and electrical. Growth & Expansion: There is a tremendous opportunity for growth. Currently the cafe is open only in the daytime and only 5 days per week. A new owner could operate more days per week and/or offer evening dining options. Since it is licensed to serve beer and wine, offering brunch on weekends could prove profitable. And there is great potential to continue growing the wholesale bakery side of the business. Catering services could also be offered. Financing: The seller may provide some financing for a well-qualified buyer Support & Training: The sellers will provide necessary training and help a new owner successfully transition into this business. Reason for Selling: The sellers want to pursue other opportunities.