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Los Angeles, Los Angeles County, California
Asking Price
$14,000,000
Revenue
$15,000,000
Down
Call/Email
Cash Flow
$3,000,000
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Posting ID:
281158
Attributes:
Broker Cooperation
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This Long Beach bar and restaurant boasts an ideal outdoor patio with an unmatched view, plenty of onsite parking, dance and live entertainment all at a highly attractive lease rate. The venue, which has continuously operated since the mid-1970s, is comprised of several rooms that allow management to host several events or partition off the bar or restaurant space as customer demand merits. The spacious kitchen has a comprehensive line that includes convection ovens, pizza ovens as well as a large griddle, grill, stove, deep fryer, two ice machines, a long food preparation line and a walk-in cooler and freezer. This 9,300 square foot facility with an outdoor patio leases for $13,000 per month on a lease until 2023 with one 10 year option. All of the business's furniture, fixtures, equipment, goodwill, Type 47 Liquor License, and any applicable dance and entertainment permits will be included in the sale. Approximately $10,000 in liquor inventory will be sold at cost at close in addition to purchase price. While competition exists for dining, drinking and entertainment venues, few competitors occupy the type of space or possess the attractive lease rate that this one does. Fewer still have the spacious onsite parking availability or the type of unique location with the stellar views this one has. New operators may choose to maintain the existing concept or they may capitalize on the attractive lease rate, location, liquor license and entertainment offerings to launch any number of new concepts. The facility has the space to simultaneously host 100+ guest banquets or special events during regular business operations, which provides the new owner the ability to diversify the income stream.
Los Angeles, California
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This Pasadena Area dental practice is available for sale with the current selling doctor of dental surgery (DDS) willing to remain aboard to continue to see clients and work for a new owner-operator. The 1,300-square-foot owner-operated facility has historically been leased by a seller-related entity for $2,500 - $4,167 per month ($30k - $50k/year). The premise boasts a prominent high-visibility corner location in a neighborhood setting with plentiful street parking. All of the practice's furniture, fixtures, equipment (with an estimated $100,000 value), and goodwill will be included in the sale. Competition in this Pasadena-adjacent city is considered to be medium. The practice does, however, have a growing recurring client base that management may build from. New operators may capitalize on this practice's attractive location, build-out, and current client base to grow its client census. Management may consider neighborhood outreach to introduce the offering and highlight its new management. They may also contemplate engaging in a number of industry-specific marketing programs, service additions, and other potential avenues for growth.
Santa Ana, California
Restaurant And Cocktail Bar - Versatile Layout
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This Santa Ana restaurant and bar is located in the heart of its popular historic district. The venue boasts a versatile layout in a prime location with liquor, sidewalk seating, convenient access, and stellar street visibility. It charms its patrons with a captivating ambiance, masterfully crafted cocktails, and exceptional customer service. With an array of handpicked spirits and innovative concoctions, this trendy establishment has become a favorite among locals and visitors alike, making it a must-visit destination for anyone seeking a memorable night out This is an asset-only sale; the name, menu, and concept will not be included in the sale. This 2,600 sq. ft venue plus patio leases for $7,000 per month including common area maintenance (CAM) expense on a lease until 8/1/27 with three 5-year options. All of the business's furniture, fixtures, equipment, Type 47 Liquor License and lease will be included in the sale, however, this is an asset-only sale. The business's name, menu, and concept will not be included. An estimated $5,000 in liquor inventory will be sold at cost at close in addition to the purchase price. Downtown Santa Ana is a highly popular dining and entertainment district. As such competition certainly exists, however bar and restaurant is able to charm its patrons with a captivating ambiance, masterfully crafted cocktails, and exceptional customer service. With an array of handpicked spirits and innovative concoctions, the trendy establishment is a must-visit destination for anyone seeking a memorable night out. Its location, layout, characteristics, and entitlements provide it with highly attractive competitive attributes. New operators may take this clean, attractive build-out, versatile layout, and prime location in any number of directions with a wide variety of concepts. The condition use permit (CUP) allows for alcohol service from 8 am to 12 midnight 7 days per week, though gross food sales must exceed alcoholic beverage sales, ensuring that the venue maintains a strong basis in food sales as opposed to operating as a cocktail lounge concept (no live entertainment is permitted). Vault Bar & Grill is Santa Ana's newest neighborhood bar with a twist. Full bar, 20 beers on tap, and amazing comfort food for all to enjoy. Our specialties are old fashions which we offer 3 versions of. The venue, which was Mix Mix since 2017, has been remodeled and relaunched in 2022. A boutique hotel is rumored to start being constructed nearby, which would be an additional boom for the business.
Sun Valley, California
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This Sun Valley Congregate Living Facility sale includes a 6-bedroom facility property, as well as its Department of Human Services (DHS) License! The Type A Congregate Living Facility was established in 2014. The business has a Medical Director, a Registered Nurse (RN), 11 Licenses Vocational Nurses (LVNs), and 8 Certified Nursing Assistants (CNAs) and currently has 5 residents. This 2,610 square foot residence with 6 bedrooms is located on a 6,700 square foot lot. All of the business's furniture, fixtures, and equipment, as well as its property, is included in the sale. Permits, licenses, and contracts in place that should transfer in the sale include the Department of Health Care Services (DHS) License, Providence and Saint Joseph's Hospital contracts, Medi-Cal provider number as well as agreements in place. With the influx of baby boomers and those with congregate living needs, this is a growing industry that remains somewhat protected from nascent competition due to its stringent licensing requirements. This is a relatively new business that is licensed for community living, with real estate included in the sale. Inquire directly for details.
Temecula, California
Restaurant And Bar - With Live Entertainment
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Bar - Dance And Entertainment
$ 275,000
CF : $ 122,262
This Long Beach area bar caters to a diverse community with a host of near-nightly events that include karaoke, shows, and dancing. The venue boasts a stellar location with excellent visibility, parking, an outdoor patio and dance, and the coveted entertainment, dance, and cabaret entitlements, amongst others. Though the business is not required to serve food, it does possess the ability to provide some basic food options and a variety of snacks to help keep patrons fueled through the night. The 6,700 square foot venue (plus patio) leases for $9,776 per month including triple net (NNN) expenses and parking, on a lease until 2028 with one 5-year option. All the business’s furniture, fixture, equipment, goodwill, Type 48 Liquor License and additional associated licenses and permits will be included in the sale. The billiards tables, juke box and video games are not owned, however are on an attractive revenue share. ATM machine receives $1 per transaction. Approximately $5,000 in inventory will be sold at cost at close in addition to purchase price. While the greater Long Beach area hosts a variety of bars catering to a similar client base, few have the type of comprehensive offering that this venue possesses. As a result of their ultra-convenient location with excellent freeway access, the variety of offerings they provide between several distinct and superbly appointed areas, and the breath of their entitlements, this business is a significant and sustainable long-term advantage over competitors that is difficult to compete with or replicate. This multi-faceted operation may benefit from a full-time working owner-operator with hospitality experience to help in the development of events and promotions and to maintain top-notch customer service while minimizing potential waste and wage expenses.
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