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Recommended Businesses
Santa Monica, California
Santa Monica Beer & Wine Bar with no Food Required – Eclectic Concept
$ 175,000
CF : $ 58,325
This Santa Monica nightlife venue is known for its eclectic atmosphere, and bohemian crowd comprised of neighborhood denizens, students, and area revelers. The venue has managed to create an appealing casual beer and wine bar vibe with a stylish, modern edge, making it a popular destination for social gatherings, casual nights out, and weekend outings. Due to this bar’s focus on quality drinks in a warm, welcoming, friendly environment, and catering to their neighborhood customer base, the venue has become the go to establishment that’s a local favorite for area residents. The Santa Monica bar market is divided into 4 distinct categories. There is the Main Street Santa Monica market, the 3rd Street Promenade / Montana market, the East Santa Monica / Brentwood market, and the Santa Monica City College market. The venue would greatly benefit from an experienced, customer service–driven owner-operator that works at the absentee managed venue. Such a party will not only stand to save on the majority of payroll the $46k in labor costs, but they can also ensure stellar customer service and maximum revenue sales. Management can take advantage of the venue’s newly installed audio-visual system to host sporting events and holiday parties, and may explore using the space for private parties, karaoke or comedy (with entertainment permits), or for daytime use. They may also consider the addition of beer and wine tasting events, or offering limited food service that does not require a hood. The business is supported by a strong social media presence with over 13.5k engaged local followers, established collaboration with a nearby restaurant for seamless food ordering and catering, and scalable event and marketing concepts that offer significant potential for future growth and brand expansion.
Santa Monica, California
Thai And Sushi Fusion Restaurant - Asset Sale
$ 250,000
For sale is an asset sale Thai and sushi fusion restaurant with a beer and wine license. The restaurant currently serves Thai and Japanese fusion cuisine. It has a reasonable monthly rent of $4,500, with a monthly gross revenue of $60,000. The space can be converted to another concept and has great potential for an owner-chef. Monthly Rent: $4,500 Store Size: 1,500 SF Seating Capacity: 45 Owner Since: 2021 Reason for Selling: Partnership split; no time to manage Financing: Cash only Additional Features: Walk-in cooler and freezer, beer and wine license Location: Situated on a busy main street with many businesses and residential multi-unit buildings nearby Menu: Also serves vegetarian dishes Let me know if you’d like any further refinements! .
Santa Monica, California
Bar - With Full Kitchen, Great Atmosphere
$ 425,000
CF : $ 30,653
This bar with a full kitchen is located in the greater Santa Monica area. The bar is widely considered to be the best in the area and is known for its menu offerings and convivial atmosphere. The menu offers a range of dishes from classic comfort foods to innovative culinary creations, along with a selection of craft cocktails and local beers. The venue often hosts live music events, contributing to its lively ambiance and making it a favored spot for both locals and visitors seeking good food, drinks, and entertainment. This 2,400 square foot location leases for $10k per month on a lease until August 2028 with one 5 year option to extend. The venue boasts 2 walk-in coolers, new plumbing and electric with a buildout that is under 10 years old, a 10-tap beer system, a manager’s offer as well as onsite parking. The bar and restaurant has an official occupancy for 95 patrons, but can accommodate up to 125. All of the business’s furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close. Although the greater Santa Monica area is considered to be a highly competitive marketplace for bars and restaurants, this market leader is located in a highly coveted area that caters to its own neighborhood market segment. As a result, the location enjoys a bit of insulation from the more touristy areas with fierce competition. New management will likely want to capitalize on a formula that has proven successful, while being mindful of several expense categories that amount to over $200k in costs, that may be reduced via in-house staff coupled with an active owner-operator.
Santa Monica, California
Chinese Restaurant - High End
$ 750,000
This is a high-end Chinese restaurant with a hard liquor #47 license. The size is approximately 7,000 sq. ft and rent is $21,000 including NNN. The lease is a 9-year + 10-year option. It is a 100% absentee-run business with so much potential to increase the current sales volume if the new owner knows how to manage it. Current average monthly sales are $160,000+. Please contact me for more detailed information or need an arrangement to see the kitchen.
Santa Monica, California
Jinkys Cafe Restaurant - Absentee Run
$ 600,000
CF : $ 292,940
Jinky's Cafe/Restaurant is located in bustling Santa Monica, next to 3rd Street Promenade and a block away from Beach. This restaurant is well known for breakfast and lunch. Jinky's Cafe has been established for over 20 years. For a hands-on owner, there are many ways to increase business. Currently, it is absentee owner owned.
Marina del Rey, California
Brennan's Pub in Marina del Rey - First Time on the Open Market!
$ 275,000
This iconic Marina del Rey bar and restaurant, which has been the home to Los Angeles's famous turtle races since 1975, has been a neighborhood favorite with locals and visitors alike since 1972. The indoor and outdoor venue, which occupies an enormous stand-alone pad space, boasts main street frontage with unparalleled freeway access and an abundance of onsite parking. The premise is comprised of a full-scale restaurant, bar and kitchen, and enjoys an entirely separate structure with a prep kitchen with a large walk-in, manager’s office and more. The facility has an outdoor bar that serves patrons on the venue’s 3 distinct outside areas. The entire space has been remodeled in recent years, with significant capital invested. This is not an SBA candidate as financials will not be provided in the sale. Do not disturb the business or the staff. This 3,500 square foot bar and restaurant with an additional 1,700 square feet of food preparation space is located across 3 lots that total 33k (approx.) square feet. The premise leases for $25k per month, with an additional $1k per month in additional expenses on a lease until April 2027 with one five year option with additional options to be negotiated. All of the business's furniture, fixtures, equipment and Type 48 Liquor License, Type 77 Event Permit and live entertainment entitlements will be included in the sale. Approximately $5k - $10k in inventory will be sold at cost. While competition exists in this highly popular bar and entertainment area, this venue has a 50+ year track record for being one of the neighborhood’s favorite eateries and watering holes for viewing sports, celebrating holidays or attending special events. New operators may choose to maintain the long-established existing concept or they may capitalize on the stellar location’s buildout, patio, parking lot, liquor and events licenses, and entertainment permit to launch any number of new concepts. Although they have a substantial kitchen and food preparation space, the venue operates with a Type 48 Liquor License. As a result, they can only cater to patrons that are 21 years old and older. New management may choose to ‘downgrade’ the license to a food service one and launch a concept that can expand the client base to include younger patrons and families. One of the property’s 3 parcels is an approximate 5,000 square lawn that measures between 48 and 55 feet wide and 80 to 116 feet long. This space could potentially host pickleball as a pickleball court measures 20 by 44 feet, with a recommended 30 by 60 foot court size. Just as some venues host dart tournaments, this one may capitalize on their spacious lot(s) to do the same with the sport that continues to grow in popularity.
Littlerock, California
Fruit Orchard - 5 Different Trees
$ 550,000
CF : $ 136,000
Seller has had a serious health problem and just reduced the price and this is a great opportunity to own a land of 20 acres (871,200 square feet) with a reasonable price and a warehouse of 2,400 square feet for 5 different fruit trees at one of the fastest growing areas in Littlerock near Palmdale. There is plenty of water and the fruit trees are growing every year and you can enjoy the fresh air. The 5 fruit trees are plums, jujubes (dates), chestnuts, persimmons and pomegranates. We've just reduced the price!
Los Angeles County, California
Food Truck - Top Notch, Fully Equipped
$ 167,500
Asset Sale Description: Amazing Opportunity – Complete New Food Truck Setup This is a fantastic opportunity to acquire a top-notch food truck with only about 1,008 hours of use on its generator. The truck is fully equipped and built to the highest standards, with a typical setup like this often costing over $250,000. It’s a diesel truck, featuring all the necessary equipment, including cameras, a cash register, and a website that can be easily customized for the buyer’s needs. This truck would be an excellent fit for an existing restaurant looking to expand its business. With the possibility of obtaining a reasonable SBA loan, this food truck could create additional revenue streams for a restaurant. For more details, contact Mark.
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