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Pomona, Los Angeles County, California
Real Estate Included ; Heart of Downtown Pomona Arts Colony | 197 E 2nd St, Pomona, CA. Four floors, One Address
Asking Price
$6,750,000
Revenue
$1,750,000
Down
Call/Email
Cash Flow
Call/Email
Business & Property Description
RRC#5369
Offered at $6,750,000
Location: 197 E 2nd St, Pomona, CA
Annual Revenue: $1,750,000
Annual Cash Flow: Contact for Info
EXECUTIVE SUMMARY
A rare and lucrative opportunity to acquire both a high-performing owner-operated restaurant and event venue alongside the underlying commercial real estate in downtown Pomona CA.
Located at 197 E 2nd St in the center of the vibrant Pomona Arts Colony and Antiques Row, this property features an active Type 47 Full Liquor License (transferable with sale), a fully equipped commercial kitchen led by an established executive chef, and immediate multi-tenant rental income.
This turnkey offering allows an owner-user or investor to gain full operational control and asset equity while capitalizing on multiple income streams under one roof.
- Proven, Growing Cash Flow: $1.37M (2024) to $1.75M (2025) to $2.0M+ (2026 projected). This represents a third consecutive year of growth, roughly 46% above 2024.
- Seller Carry Available: $3,500,000 at 5%, interest only, for 5 years, significantly lowering the buyer’s cash requirement.
- Real Estate and Business in One Transaction: SBA-eligible for a qualified owner-operator, broadening the buyer pool beyond all-cash buyers.
- Four Revenue Concepts Under One Roof: No single category exceeded 40% of 2025 net sales, reducing reliance on any single line.
- Private Events Up 62.5% Year-Over-Year: Highest-margin channel and clearest near-term upside.
- Turnkey Facility: More than $1,000,000 already invested across all four floors. The buyer is not underwriting a renovation.
- Liquor License: Type 47 liquor license included, allowing operation of up to five bars.
- Tax Advantage: Located in a Federal Opportunity Zone for qualified-investor capital gains treatment.
Deal Structure & Financing
Against the $6,750,000 purchase price, the $3,500,000 seller carry covers roughly half the capital stack. Between the seller note and SBA-eligible financing on the balance, a qualified operator can control this multi-concept hospitality business and its underlying real estate for a fraction of the typical cash requirement.
PROPERTY & BUSINESS HIGHLIGHTS
• Owner-Occupied Real Estate + Business Package: Complete control of both the operating business and the valuable real estate.
• Active Type 47 Liquor License: Full liquor license included and transfers seamlessly with the sale.
• Diversified Multi-Stream Revenue: Income generated via the owner-operated restaurant and event center, plus two revenue-sharing tenant leases.
• In-Place Rental & Sales Participation Income:
• Cefishe: 2-year lease generating $5,000/month base rent plus 50% of bar sales.
• Old Skool Cafe: Generating $10,500/month base rent plus 50% of total sales.
• Fully Equipped (Turnkey FF&E Included): Complete commercial kitchen buildout, bar buildout, tables, chairs, state-of-the-art AV and sound systems, ready for Day 1 operation.
• Seller Financing Available: Potential seller financing for qualified buyers, expanding purchasing power and structuring flexibility.
LOCATION & ACCESSIBILITY
• Prime Location: Situated on E 2nd St in the heart of Pomona’s Arts Colony and Antiques Row.
• High Foot Traffic & Cultural Hub: Steps from art galleries, bustling nightlife, the historic Fox Theater, and Western University of Health Sciences.
• Excellent Regional Access: Minutes from major Southern California arteries, including the I-10, SR-71, and SR-57 freeways, serving Eastern Los Angeles County and the Inland Empire.
OPERATIONAL & EVENT ASSETS
• Proven & Multi-Faceted Event Revenue:
• Private gatherings (weddings, quinceañeras, corporate dinners, pharmaceutical education dinners, charity mixers, and fundraisers).
• Ticketed nightlife and promoter-hosted events.
• In-house restaurant dining and high-margin catering.
• Turnkey Marketing & Operational Package:
• Existing promoter network and recurring event partnerships providing immediate booked revenue and repeat business pipelines.
• Freshly updated catering menu, rebranded marketing collateral, active website, and standardized event proposal packages (all fully transferable).
• Flexible Layout: Highly adaptable floor plan capable of hosting intimate private dining, large corporate receptions, or high-capacity ticketed live events.
INVESTMENT SUMMARY
Attribute Details
Property Address 197 E 2nd St, Pomona, CA
Asset Class Commercial Real Estate + Restaurant / Event Business
Primary Business Cosmo
Liquor License Active Type 47 (Full Liquor - Included)
Tenant Income Cefishe ($5k/mo + 50% bar) | Old Skool Cafe ($10.5k/mo + 50% sales)
Included Assets Real Estate, Business, Type 47 License, All FF&E, Digital/Marketing Assets
Financing Seller Financing Available to Qualified Buyers
NEXT STEPS & FINANCIALS
2025 P&L and 2026 YTD P&L statements for Cosmo are available upon request. Trailing Twelve Months (TTM) breakdowns can be provided as needed.
Co Broker Welcome!
Business Details
Year Established:
1950
Reason for sale:
Other Interests
Posting Information
Posting ID:
2422530
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Event, Party & Wedding Service
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Real Estate Included ; Heart of Downtown Pomona Arts Colony | 197 E 2nd St, Pomona, CA. Four floors, One Address
Posting ID
#2422530
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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