$450,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 292971
5/29/25
Description
This absentee operated Long Beach market boasts a built-in client base due to its ideal location within a bustling residential and commercial area. The business, which didn’t skip a beat during the pandemic, caters to its built-in customer’s daily needs.
This 652 square foot market leases for $2,016 per month on a lease until 2026 with one 6 year option. All of the business’s furniture, fixtures, equipment and Type 20 Beer & Wine License will be included in the sale. An estimated $35,000 in retail inventory will be sold at cost at close in addition to purchase price.
Due to this market’s location, it is somewhat insulated from competition in the immediate vicinity. This gives rise to the opportunities new management has to grow the business since they can fulfill any number of additional patron shopping or service needs, while threats from competition remain limited.
New management may capitalize on this venue’s unique location and beer & wine license that caters to patrons that reside nearby. Due to this, the venue has the unique opportunity to add coffee, as it couldn’t in the past due to a non-compete agreement. Similarly, ready cooked foods or catered meals (prepared off-site, in an approved facility) may provide additional revenue opportunities. Finally, as the market is absentee-operated it would likely benefit from a personable full-time working owner-operator that is customer service oriented.
To get more information about this Market - Built In Client Base, Absentee Run business for sale in Long Beach please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #292971 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Market - Built In Client Base, Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $450,000.00
Down: $450,000.00
Cash Flow: $182,072.00
Revenue: $870,132.00
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
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Down
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Cash flow
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Down
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
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