Restaurant - Corner Location, Heart Of Old Town

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.

Iconic does not even begin to properly justify this beloved bakery brand that has been established for more than 40 years!  There are 2 retail locations, with one location also serving as a large production kitchen set up with newer high-end - high volume equipment, including a large state of the art walk-in oven.  One location is leased at  $6,190/mo. and carries a new 10-year lease.  The second location includes the real estate priced separately at $2.3M (owner may lease this if a buyer chooses not to purchase)  This is one of the most loved and well-known businesses in San Diego County and for good reason we are keeping this listing confidential, and will only share details with pre-qualified buyers who execute our NDA.  Financial Details: Gross Revenue 2021 - $2,881,108 2022 -$2,756240 2023 -$3,001,333 Cogs 2021 - $718,643 2022 - $669,136 2023 - $713,358 Real Estate: Price: $2,300,000 Size: 10,600 SF + 3 acres of land Business for Sale: Price: $1,500,000 Rent: $6,190/mo. Lease Term: 5 Years + 1 5-Year    Net Income  2021 - $424,472 2022 - $444,882 2023 - $400,000 Real Estate: Price: $2,300,000 Size:  Large building +  3 acres of land Business for Sale: Price: $1,500,000 There are a number of oportunies to grow this business including expanding the brand into wholesale distribution, mail order sales, facility rental and events on the 3 acre property, expanding the retail store count, expanding the coffee program, adding liquor/beer & wine. Costs can be more efficiently controlled. 

Opportunity awaits in Encinitas Village, anchored by two grocery stores, including a top producing Trader Joe’s. Recent buildout with modern design equipped with fully fixturized kitchen, ready for your concept to thrive. Type 41 ABC License available for use inside of restaurant and spacious outdoor patio. Size: 3,500 SF + Patio Rent: Approx. $17,000/mo. All In Lease Term: 11 Years ABC License: Type 41 Price: $275,000

This is a great opportunity to capitalize on a restaurant space with 20+ years of business success and established positive reputation. It is an extraordinarily well-maintained restaurant space with two fully fixturized kitchens, including one with an open concept layout. They have an architectural charm with high open wood beam vaulted ceilings, a mezzanine and fireplace creating an intimate ambiance. A rare type 47 liquor license available ready for use until 2am. It is a highly visible & versatile space ready for a variety of restaurant & bar concepts to thrive in one of Hillcrest’s hottest locations. It is surrounded by thriving establishments including Burger Lounge, Peet’s Coffee, Urban Mo’s, Bread & Cie and more! Size: 3,983 SF + 320 SF Patio Rent: $8,489.67/mo + NNN Lease Term: 2 Years + 2 5-Year Options ABC License: Type 47 Price: $349,000 Listed exclusively by Location Matters. *Please do not disturb employees.

Established restaurant for sale with over a decade in business and a 4.4-star rating in San Diego's top food destination - Little Italy! Fully fixtured with an upgraded patio for dining al fresco. Incredible signage visibility on the highly trafficked thoroughfare and surrounded by renowned neighboring businesses. Size: 3,110 SF. + 1,500 SF Patio Rent: $30,141/mo. Lease Term: 4 Years + 2 Five Year Options ABC License: Type 47 - Till 11:00 pm2022 Net Sales: +/- $5,500,000 2022 Net Profit: +/- $856,000 Price: $2,395,000 Listed exclusively by Location Matters.

Great opportunity to bring your brewery concept to a freestanding building in the Heart of La Mesa.  Type 23 license allowing for small beer, cider and perry manufacturing onsite.  Ideal and highly versatile venue available to rent for private events and host food trucks. Fully fixturized brewery including: 10bbl steam brewhouse, low-pressure steam boiler, multiple fermentation vessels, and over 200 kegs on-site. Size: 1,448 SF + 6,000 SF Patio Rent: Approx. $4,300/mo. Total Lease Term: 4 Years + 5-Year Option ABC License: Type 23 Price: $125,000

Incredible opportunity to own a profitable restaurant with increasing bar revenue in the Heart of Solana Beach. Recently renovated less than 2 years ago offering a modern interior with a large outdoor patio open to the inside. Includes a Type 47 liquor license with hours from 7am-midnight, allowing for both entertainment and off-premises wine sales. Renowned for weekend brunch and the positive reviews to prove it; 5 Stars on TripAdvisor, 4.5 Stars on Yelp and 4.4 Stars on Google reviews, revenue continues to grow, and costs well maintained. Ideal location with proximity to the beach, train station & Cedros Design District. This is in a retail center undergoing some great improvements with lots of free customer parking. - 2024 Sales $1,850,815 - Net $250,000 w/ redundant chef position eliminated - Size:               4,400 SF + Patio - Rent:              $22,929/mo. (Gross Lease) - Lease             Term: 8 Years + Two 5-Year Options - ABC License: Type 47 - 7am-Midnight (allows for entertainment) - Parking:          Large Parking Lot - Price: $449,000* Price Includes $150,000 security deposit* (in lieu of a lease guarantee) net price is   *$299,000*    $75K of lease deposit returned in 3 years, additional $75k in 6.  Listed Exclusively by Location Matters Inc.

This is an amazing opportunity for a hands-off owner to capitalize on a fully managed, profitable restaurant. The restaurant has a longstanding history with consistent cash flow, averaging a net profit of approximately $350,000 over the past three years. It features a Type 41 ABC License, which permits alcohol service both inside the restaurant and on the outdoor patio. The business has a positive reputation, averaging 4.75 stars based on thousands of reviews across multiple platforms, and boasts a perfect 5-star rating on TripAdvisor. Key Details: 3-Year Average Gross Sales: approx. $1,900,000 3-Year Average Net Profit:      approx. $350,000 Size:                                       1,582 square feet plus patio Rent:                                       $5,806 per month (all-inclusive) Lease Term:                            Long-term lease available ABC License:                          Type 41 Price: $750,000* *This is priced to sell at a very reasonable multiple - right now only cash offers are considered.  Listed Exclusively by Location Matters Inc.