Restaurant - Low Base Rent, High Upside Potential

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.

#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!

#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.

#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.

#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 sale is an exceptional opportunity to take over a thriving restaurant business without the hassle of starting from scratch. It's a rare find that combines location, assets This business is currently up for asset sale, providing you with all the essential equipment, inventory, and intellectual property necessary to continue operations seamlessly. With a spacious 1,500 sq. ft. size, the facility can comfortably accommodate 38 guests, including patio seating for those who prefer an open-air dining experience. The lease terms are favorable, with a base rent of $3,230.68 and a lease term valid until 07/31/2025, including a 5-year renewal option. This arrangement ensures you have a stable operational base for the foreseeable future. Be aware that the current owner is selling due to relocation, creating a rare opening for you to step into a profitable and popular business.

#1019 Area: Los Angeles Asking Price: $100,000 Rent: $12,040 /mo NNN: Modified Gross Lease /mo Security Deposit: $21,840  Lease Term: Ends 08/31/2026 Size: 3,600 sq ft Seating Capacity: 60 Liquor License: Type 41 Reason for selling: Focusing on other restaurants This asset sale offers an opportunity to acquire the operational assets of a sushi restaurant in Melrose, Los Angeles. The location benefits from exceptional foot traffic, driven by nearby celebrity-owned boutiques and art galleries that regularly host high-profile events. The property also features an outdoor dining space with a retractable awning, offering customers an intimate al fresco experience. This private patio capability enables the business to host private parties and special events, creating additional revenue streams beyond regular dining service

#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.

#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.