Restaurant - Asset Sale, Fully Equipped

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.

#1003 Area: DTLA (Near Fashion District) Asking Price: $95,000 Base Rent: $8,158.50 Annual Rent Increase: 5% NNN charges: $400 (Water) Security Deposit: $22,200 Lease expiration date: End 11/1/2026 Premises size: 1,300 sq ft Seating Capacities: 40 Liquor License: 41 (On-Sale Beer & Wine) Reason for selling: Focusing on other concepts This turnkey restaurant is located in the heart of Los Angeles and was established in 2017. This prime location near bars and nightlife venues ensures high visibility and foot traffic, making it an attractive investment opportunity. The restaurant features a Type 41 liquor license, a well-maintained 1,300 sq ft premises with a 40-seat capacity, and a fully equipped kitchen, ready for immediate operation. There is a growth opportunity to extend business hours and capture the late-night crowd. The space is flexible and welcomes a variety of dining themes. With minimal competition in the immediate area, this opportunity offers significant growth potential and profitability for investors seeking a lucrative venture in the restaurant industry.

#1006 Area: Pasadena Asking Price: $130,000 Base Rent: $4,040.61 Rent Increase: 4% NNN: $1,044.59 Security Deposit: $8,967.86 Lease Term: Until 3/14/2025 + (1) 5 years option Size: 1,255 sq ft Seating Capacity: 22 Parking: Site parking, on site parking Liquor License: 41 (On Sale Beer & Wine) Reason for Selling: Retirement This Pasadena restaurant, situated on bustling S Arroyo Pkwy, offers a fantastic investment opportunity. The current low base rent provides significant upside potential for savvy investors. The current owner is opening a business for only 5 days due to a health issue. Opening more days and extending business hours are a great idea to accommodate more customers. With a flexible lease term and the possibility of extended hours, this business can be tailored to maximize profits. 

#1228261 Area: West LA Asking Price: $220,000 Rent: $7,426.30 (NNN included) Yearly Increase: 3% Security Deposit: $28,000 Lease Term: Until September 30, 2026 + (1) 5 years Size: 1,911 sf (Inside) + 386 sf (Enclosed patio) Liquor License: 41 (On-Sale Beer & Wine) Seating Capacities: 45 + 12 Reason for selling: Current concept does not work. The seller is open to subleasing these assets at a fixed charge of $2,000 p/m. This restaurant, nestled in a prime neighborhood in West LA, exudes elegance and charm. Only a few years ago, the current owner invested approximately $700,000 to construct this stunning establishment. The restaurant features a splendid sushi counter, an exquisite enclosed patio area, and a top-of-the-line kitchen in impeccable condition. Complemented by high-quality furniture and fixtures, it guarantees a memorable dining experience. With the current Conditional Use Permit (CUP), alcohol can be served daily from 10am to 11pm. Don't miss out on this gastronomic gem!

#1009 Area: Anaheim Asking Price: $250,000 + Inventory Monthly Sales (Feb 2025): $151,907 Monthly Net Income (Feb 2025): $11,682.26 Base Rent: $21,542.00 NNN: $4,534.00 Security Deposit: $2,399.75 Lease Term: Until 11/21/2027 Size: 3,570 sq. ft. Seating Capacity: 96  Employees: Total 20 (Full-Time: 9, Part-Time: 11) Ownership: This is an absentee-owner business Parking: Onsite parking Liquor License: 41 (On-Sale Beer & Wine) Reason for Selling: Retirement  This well-established teppanyaki restaurant offers a unique, interactive dining experience with a loyal customer base and excellent online reviews. Situated in a high-traffic area, it benefits from strong visibility and accessibility. The fully equipped premises provide a welcoming atmosphere, ample seating, and convenient parking. As one of the few teppanyaki concepts in the region, it faces minimal competition, making it a prime investment opportunity. With room for growth, a new owner can expand its offerings and maximize revenue potential.

#1015 Area: Torrance Asking Price: $140,000 Base Rent: $4,302 NNN: $658 Rent increase: 2.5% annual adjustment CPI adjustment Security Deposit: Lease Term: 5 Years Size: 1,820 sq. ft. Seating Capacity: 50 Liquor License: Type 41 Reason for Selling: Focusing on other business Parking: On-site This asset sale offers an exceptional opportunity to acquire high-quality equipment, fixtures, and inventory essential for business operations. The sale involves a contemporary 1,820 sq ft space with sushi bar. Key equipment such as a walk-in cooler/freezer and a 10-foot hood system form part of the sale. Expanding into takeout, delivery, or catering services can fuel the earning potential of this asset.

#1018 Area: Torrance Asking Price: $170,000 Base Rent: $9,479 NNN: $2,923 Rent Increase: Fixed Rent Schedule  Security deposit: $46,158.30 Lease Term: Until 03/31/2028  Size：1,507 sq ft  Seating capacity: 50 Parking: On-site parking  Liquor License: Type 41  Reason for Selling: Focusing on other Stores This restaurant asset sale presents an opportunity to acquire a fully equipped and operational establishment. The current owner is divesting to concentrate on other business ventures, making this an ideal acquisition for buyers seeking a turnkey setup. The sale includes all necessary fixtures and equipment ideal for a yakitori setup and full service dine-in with a private room for private events , ensuring a smooth transition for the new operator. The following concept are not permitted: Ramen, Korean, Bakery, Cafe, Japanese Izakaya, Shabu Shabu.

#1012 Area: DTLA Chinatown Asking Price: $50,000 Rent: $7,380.68 NNN: $1,930.21 Rent increase: 3% annual adjustment Security Deposit: $30,000 Lease Term: 9/30/2031 Size: 1,543 sq. ft. Seating Capacity: 35 Reason for Selling: Focus on other stores. Parking: On-site parking with two-hour validation This asset sale offers a unique opportunity to acquire a fully equipped restaurant established in September 2023. Priced at $50,000, it includes all fixtures, furniture, and equipment, minimizing upfront costs for the buyer. The business benefits from a diverse customer base, ample seating, and growth potential through catering services and the possibility of obtaining an ABC license for alcohol sales, making it ideal for aspiring restaurateurs.