Restaurant - Asset Sale, 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.

#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.

#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.

#1332852 Area: Long Beach Asking Price: $98,000 Base Rent: $1,850 (NNN is included) Rent increase: N/A Security Deposit: N/A Lease Term: Until 3/31/2027 + (2) 5 years option Size: 1,300 sq. ft. (Buyer needs to verify) Seating Capacity: 28 Parking: Street parking Liquor License: 41 (On-Sale Beer & Wine) Reason for Selling: Focusing on other things Tangible Asset Sale with a type 41 liquor license! This is one of the best lease terms I've ever encountered! The base rent is exceptionally affordable, with no annual increases until the current lease expires. The kitchen is well-equipped, featuring a 9-foot hood, a grease trap, and kitchen equipment in excellent condition. Don't miss this incredible opportunity!

#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. 

#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.

#1014 Area: San Clemente Asking Price: $150,000 Base Rent: $3,230.68 NNN: $0 Rent increase: 2.5% annual adjustment Security Deposit: $2,800 Lease Term: 07/31/2025 (1x5-year renewal option) Size: 1,500 sq. ft. Seating Capacity: 38 seats (34 indoor, 4 patio) Liquor License: Type 41 Reason for Selling: Owner relocating interstate Parking: On-site parking available This asset sale presents a unique opportunity for interested buyers to acquire a well-established business’s operational assets. The offering includes essential equipment, inventory, and intellectual property needed to continue seamless operations. With a solid customer base and a history of consistent revenue generation, this sale allows buyers to step into a fully functional setup without the hassle of starting from scratch. Ideal for entrepreneurs or investors seeking a strategic expansion, this sale is structured for a smooth and efficient transfer of ownership.

#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.