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Marina del Rey, Los Angeles County, California
Rare Restaurant Washington Square / Marina Del Rey / Venice
Asking Price
$1,180,000
Revenue
$2,134,969
Down
Call/Email
Cash Flow
Call/Email
Name: Ray Roldan
Phone: Show phone number
Name
Ray Roldan
Phone
Show phone number
Description
In 2024, this restaurant reported a net gross of $2,134,969.42, demonstrating its strong revenue stream even in a slow restaurant year. The location is not just excellent; it's superb, offering a unique blend of local and tourist clientele.
The restaurant is fully equipped and was recently renovated from a well-known Japanese restaurant. The premises come with a coveted 47 Liquor License and a substantial beer section, offering a fantastic opportunity to capitalize on the thriving local nightlife. It features a beautiful bar setting, two walk-in coolers, and a 750-gallon grease trap.
The establishment spans 3500 square feet and comes with a lease agreement of 4 consecutive five-year terms, providing long-term security for the new owner. The current asking price is set at $1,180,000 - a justified investment considering the location, assets, and revenue.
This is a golden opportunity for anyone looking to dip their toes into the restaurant industry or expand their current portfolio. The seller is open to broker cooperation and is willing to provide support and training to ensure a smooth transition.
Don
Business Details
Year Established:
2019
Reason for sale:
Restaurant Industry
Property Information
Size in Square Feet:
3,500 sqft
Lease Terms:
4-Consecutive Five (5) years leases.
Premises Details:
Fully Equip with 47 Liquor License / Huge Beer Section.
Lease & Tenant Information
Posting Information
Posting ID:
2687053
Attributes:
Broker Cooperation
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Posting Title
Rare Restaurant Washington Square / Marina Del Rey / Venice
Posting ID
#2687053
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