Restaurant - Affordable Rent, Type 41 License

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.

#1011 Area: Abbot Kinney Blvd in Venice Asking Price: $350,000 + inventory  Annual Sales (2024): $1,286,407 Annual SDE (2024): $112,161 Rent: $11,305 NNN: $1,295 Lease Term: Until February 28, 2028 Size: 900 sq ft Number of Employees: 15 Business Established: 1995 Reason for selling: Current owner is relocating Acquire a 28-year-old pizzeria renowned for its signature bagel-crust pizzas and loyal customer base. This turnkey operation generates $1.28M annual revenue (2024) with $112K SDE, supported by minimal marketing costs. Operated absentee with 15 staff and a long-term lease secured through 2028. Prime location in a high-traffic commercial corridor ensures steady demand. Growth opportunities include digital marketing, third-party delivery expansion, and menu innovation. Offered at $350K + inventory. Ideal for operators or investors seeking a scalable, low-overhead business. For sale because the seller is relocating. Confidential details provided upon signed NDA. 

#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.

#1017 Area: DTLA Asking Price: $180,000 Base Rent: $12,040.44 Rent Increase: 3% NNN: $3,170.60 + storage $350 Security Deposit: $14,396.85 Lease Term: Until 02/28/2033 Size: 2,461 sq. ft. Seating Capacity: 60 Parking: Onsite parking. 5 dedicated staff parking, included in rent Reason for Selling: Focusing on other ventures This is an exceptional opportunity to acquire a fully built-out restaurant located in a high-traffic urban area. With a modern, adaptable layout and premium infrastructure, this establishment is perfectly suited for a variety of culinary concepts, from fast-casual to full-service dining. Designed for efficiency with an open kitchen, dining space, and outdoor seating. The sale includes a fully operational kitchen and restaurant setup, allowing a new owner to launch their concept without heavy startup costs. Whether you're an experienced restaurateur or an entrepreneur looking to establish a presence in a vibrant area, this space presents a rare chance to secure a well-positioned and ready-to-operate venue.

#1008 Area: Irvine Asking Price: $160,000 Rent: $6,834.17 (This base rent is adjusted to the fair market rent) NNN: $1,551.75 Percentage Rent: 8% Security Deposit: $6,679.75 Lease Term: 7/31/2027 Size: 1,041 sq. ft. Seating Capacity: 20 (Inside) + shared patio space Liquor License: N/A Reason for Selling: The close proximity of the two business locations could lead to cannibalization. This restaurant space is located in prime Irvine, surrounded by many great tenants in the same shopping center and anchored by a well-known Asian market. The space is perfect for any Quick Service Restaurant (QSR) concept, and all of the furniture, fixtures, and equipment are in excellent condition. The restaurant features a 9 foot-long hood, grease trap interceptor, walk-in cooler, and more. Potential buyers should have substantial restaurant experience and a strong financial background. Not suitable for hot chicken, Poke, Coffee, Bakery, Chinese noodles, Dim sum, or Korean BBQ concepts.

#1013 Area: Oxnard Asking Price: $120,000 Base Rent: $2,311.89 NNN: $820 Rent increase: 2% - 5% CPI adjustment Security Deposit: $3,060 Lease Term: 2/14/2029 Size: 1,400 sq. ft. Seating Capacity: 36 Liquor License: Type 41 Reason for Selling: Divestment Parking: On-site This asset sale offers an opportunity featuring a fully equipped 1,400 sqft space with a seating capacity of 36. The lease runs until February 2029, with predictable operating costs. The new owner can capitalize on recent growth by targeting the Navy base crowd and extending operating hours, with minimal investment required for adaptation or rebranding.

#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.