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For Sale: Restaurant With Beer & Wine - Seating Inside & Out - Long Beach, California

  • Address: Long Beach, 90802.

  • Status: Active

  • Posting ID: 277664

  • 1/28/23

$966,000

Asking Price

Long Beach Restaurant With Beer & Wine - Seating Inside & Out Business For Sale

Description

This is a very successful Thai restaurant in Long Beach that was established in 2015. It is a well-established restaurant with a strong local clientele base and there are more than 1,000 of 4.5 stars Yelp reviews! It has high visibility & street exposure. They are open 6 days a week. New buyers will have more potential to increase the sales if you open 7 days a week! They are named as one of the 10 best restaurants in Long Beach with many other awards!

The rent is $4,975 + NNN until December 31 in 2024 (or you can do a new lease) for 1,874 sq ft. There is room for 60 seats inside and 35 outside. There is a type 41 license and it was established in 2015 (currently has 20 employees). The annual sales in 2022 was $1,900,000 and the SDE was $392,121.

The asking price is $966,000 + inventory. It is pre-approved by SBA with a 15% deposit. We are requiring an NDA form with POF to disclose more details. #1066669

To get more information about this Restaurant With Beer & Wine - Seating Inside & Out business for sale in Long Beach please phone Take Iga (Agent - BRE License #:BRE #02112266) at 310-339-1734 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277664 on BizBen.com. In addition to phoning Take Iga, make sure you email Take Iga above to get more info about this Restaurant With Beer & Wine - Seating Inside & Out, to ask any questions or request an appointment to see this business for sale. Thank you. License # BRE #02112266. eXp Commercial of California Inc..

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Contact

  1. Name: Take Iga
  2. phone iconPhone: 310-339-1734

Details

  1. Asking Price: $966,000

  2. Down: $144,900

  3. Cash Flow: $392,121

  4. Revenue:   $1,900,000

  1. Area: Long Beach

  2. City: Long Beach

  1. Attributes:

    Broker-Broker CoopAbsentee RunSBA Loan Pre-Qualified

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Related Links & Information Regarding This Posting

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