Restaurant - Turnkey, Established 2017, Downtown

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.

#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.

#1020 Area: North Hollywood Asking Price:$120,000 Base Rent: $4,700 /mo NNN: $666 Rent Increase: Fixed as $100 yearly Security Deposit: $1,300 Lease Term: Until 08/31/2027 + 1 (5) years option Size: 1,500 sq. ft. Seating Capacity: 25 Parking: Onsite parking or street parking Liquor License: 41 (On-Sale Beer & Wine) Reason for Selling: Working for another restaurant This offering is suitable for experienced operators seeking a streamlined, low-footprint location in a high-demand area. All operational infrastructure is in place for immediate transition. Licenses and permits are in place, including a valid business license, seller’s permit, and active ABC Type 41 license. The health permit is valid through June 30, 2025. There are no liens on equipment or inventory, and personal property is excluded from the sale.

#1016 Area: Beverly Hills Asking Price: $220,000 Rent: $19,863.08 Rent Increase: 3% annual adjustment NNN: N/A Security Deposit: $30,000 Lease Term: 4/30/2026 Size: 2,625 sq. ft. Seating Capacity: 64 Liquor License: Type 47 Parking: 4 on-site parking slots + street parking Reason for Selling: Retirement This asset sale represents a unique opportunity to acquire a fully equipped restaurant space with high-quality fixtures, a 16-foot commercial hood, a walk-in cooler, a sushi bar, and a well-appointed bar counter. The premises have supported upscale dining for nearly two decades, offering an established foundation for a new hospitality concept. The inclusion of a Type 47 liquor license enhances revenue potential, allowing for full bar service. The location benefits from strong foot traffic, affluent clientele, and close proximity to luxury hotels, retail, and entertainment venues. With its turnkey setup, market alignment, and existing goodwill, this sale provides an exceptional platform for restaurateurs seeking to establish a premium dining experience with immediate appeal.

#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.

#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.

#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.

#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.