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Burbank, Los Angeles County, California
Asking Price
$388,000
Revenue
$1,140,000
Down
$150,000
Cash Flow
$240,000
Posting ID:
8336870
Business Category:
Restaurants & Food
Business Types:
Japanese Restaurant
Sushi Restaurant
Attributes:
SBA Loan Pre-Qualified
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Property Overview Turnkey 2,400 SF Restaurant | Prime Beverly Hills, Grandfathered Rights An exceptional leasing opportunity at Epicentre of Beverly Hills 270 S La Cienega Boulevard. as a restaurant over 75 years and as a highly successful sushi location for the last 25 years, this space offers a turnkey setup with minor cosmetic work. Value of $400k and 2-year of building and permitting battle—this space is ready to go with minor adjustments, benefiting from rare grandfathered rights. 14 Feet exhaust hood, great round marble bar and all kitchen equipments , recess lighting and a lot more. The existing liquor license is also available for purchase separately. High-visibility The Epicenter of Traffic in Beverly Hills on the major artery of Lacienega between the new metro corner of Wilshire and the Lacienega Park on a large lot and rear parking lotIconic

Burbank, California
Burbank Area Bar with Property – Local Favorite with Parking!
$ 1,200,000
CF : $ 80,000
This Greater Burbank Area bar with a Type 48 Liquor License is being offered for sale with its 2,300+ square foot property, as well the property’s unique ability to host a commercial on premise billboard in a high visibility location! The actual bar boasts seating for nearly 20 patrons, with a unique layout that allows patrons to engage in billiards, video games or darts in other areas, both public and semi-private. The bar has a large liquor room, a walk-in beer cooler and plenty of refrigerated storage units. It also uniquely boasts a large manager’s office complete with a private bathroom and closet, as well as a separate room that could host food service. While the venue has television, it may greatly benefit from a number of additional forms of patron entertainment. The bar and property, constructed in the 1930’s, is 2.3k square feet on a 2.6 square foot parcel that has onsite parking and an office on the second level. The real estate, as well as all of the business’s furniture, fixtures, equipment (with the exception of some game that are on a revenue split agreement), and Type 48 Liquor License are included in the sale. Though no food service is required, the building once had a kitchen with a hood that a new owner may seek to renovate. The bar does not have a beer tap system, but has extensive refrigeration. This is the quintessential local dive bar and tavern whose patrons likely visit for its close proximity to their home or work, its music and entertainment offerings, its convivial vibe, and its unique level of comfort and friendliness. As a result of these attributes, and the bars storied history, this bar has a number of hard to replicate advantages over alternative entertainment choices. As the bar has no known restrictions on the liquor license (other than perhaps no dancing permitted – which has not been confirmed), there are a number of avenues in by which new owners may potentially grow business. As the building used to have a kitchen, new management may rebuild one and implement food service; even without a kitchen they may offer patrons weekend outdoor barbeque, burgers, steaks and more, or potentially foods that do not require a hood to prepare. New owners can also promote the venue to a wider group of patrons by hosting events around sports, holidays, implementing karaoke nights, etc. They may also capitalize on the on-premise billboard signage, while converting the facility’s underutilized rooms (due to its unique layout) to revenue generating areas or alluring lounge areas.

Burbank, California
Sushi Restaurant - Burbank
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Available for purchase is a well-established Sushi restaurant located in the affluent community of Burbank, California. This renowned restaurant is known for its distinctive Japanese and sushi culinary offerings. It boasts a strong revenue stream, with an average monthly sale of approximately $95,000, resulting in a healthy annual revenue of $1,140,000 and a cash flow of $240,000. The business is favorably positioned with a great rent of just $4,800 per month, inclusive of NNN. The restaurant features a fully-equipped kitchen and is licensed to serve beer and wine, adding to its appeal for potential buyers. This business opportunity is SBA loan pre-qualified, with an asking price of $399,000 and a down payment of $150,000. The sale of this business has sparked interest, as indicated by the five messages received since it was published. For those desiring to own a thriving restaurant in a prime California location, this sushi restaurant represents a valuable acquisition opportunity. Please reach out to the broker, Cheong Won, for more details or to arrange a viewing of this bustling hotspot. The restaurant's popularity is evident in the 111 page views the online listing has received. 'All information was deemed to be from reliable sources or the seller but is not guaranteed.'

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Alhambra, California
ASK $450K: MONTH NET $25K: HARD LIQUOR SUPERMARKET:SBA LOAN $180K DOWN
$ 450,000
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Available for sale is a well-established and profitable supermarket located in the densely populated community of Alhambra, California. This high-volume business, specializing in groceries and hard liquor, has been operating since 1996 and is known for its reliable customer base and steady cash flow. The supermarket is housed in a spacious 15,000 square feet facility, accommodating an extensive range of products and ensuring comfortable shopping experience for customers. It is currently operated under an efficient management team of nine employees, ensuring streamlined operations and consistent performance for the new owner. The business is pre-qualified for an SBA loan and boasts a net monthly income of $25,000, including revenue generated from Lotto streams. Its solid financial performance is reflected in its annual revenue of $1,700,000. The asking price for this business opportunity is $450,000 with a down payment of $150,000. The lease terms are quite favourable, with 9 years remaining plus a 10-year option, providing long-term stability and investment protection for the new owner. The current owners are selling due to their focus on another big business, making this a prime opportunity for a new owner to step into a high-performing operation. The sale includes two weeks of training after the closing of escrow to ensure a smooth transition. If you are interested in owning a successful supermarket business in Los Angeles county, please contact the broker for more details.

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Iconic New Scotland Yard Pub
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Step into a piece of Los Angeles history with the New Scotland Yard Pub, a beloved local watering hole in Canoga Park. This is only the second time in over 27 years that this iconic business has been available for purchase, making it a rare and exciting opportunity. As an established hub in the community, this pub asserts itself as a profitable venture, offering a steady stream of revenue. The pub comes equipped with a coveted ABC License 42 and is perfectly set up to entertain patrons with a pool table, darts, a DJ booth, a jukebox, and a stage for live music. For sports enthusiasts, large TVs are strategically placed for watching multiple sporting events, adding to the establishment's unique proposition. The location in the bustling city of Los Angeles, California, is undeniably attractive. The pub is nestled in a high-traffic area, ensuring a constant influx of local and passing trade. Moreover, the building has recently undergone a series of upgrades, enhancing both its curb appeal and overall functionality. This is a turnkey operation where all the hard work of setting up has been done for you. All it needs is an ambitious entrepreneur ready to keep the legacy alive. The current owner, Dermot OReilly, is committed to a seamless transition and will provide necessary training and support. Don't miss this golden opportunity to own a piece of Los Angeles's vibrant nightlife scene. This well-established business presents significant growth Call me @ 818-631-8600

Hacienda Heights, California
Restaurant Asset Sale with Full Kitchen
$ 100,000
This is a fully equipped restaurant opportunity located in the heart of Hacienda Heights, with approximately 2,000 sq. ft. of space. The buyer is not required to take over the existing brand or menu and may operate the business under a new name and menu of their choice. The space is suitable for a variety of concepts, including chicken, burgers, sandwiches, Korean food, Asian fusion, teriyaki, noodles, Korean street food, takeout, and delivery-focused operations. Major kitchen equipment and facilities are already in place, including hoods, fryers, a gas range, grill, walk-in cooler, refrigerators, freezers, sandwich prep refrigerators, and an ice machine. This may help reduce the initial investment and preparation time compared with building out a restaurant from an empty space. The business is located in a mixed residential and retail market and is suitable for lunch and dinner customers, as well as delivery and takeout operations. The premises feature two separate entrances, providing the advantage of operating two different brands or business concepts within a single location. Depending on the buyer’s business plan, the space may be configured for two distinct concepts or used to separate dine-in operations from a delivery and takeout-focused operation, allowing for flexible use of the premises. Basic Information *Size: Approximately 2,000 sq. ft. *Seating Capacity: Approximately 40 seats *Rent: $5,317 + CAM $2,397 *Lease: Approximately 4 years and 6 months remaining + 5-year option *Security Deposit: One month’s rent *Current Owner Began Operating: June 2021 *Reason for Sale: To focus on another business *Transaction Type: Asset Sale(A grease trap is installed.) *Buyer may operate under a new brand and menu of their choice. No alcohol license is included. The seller is highly motivated to sell and is prepared to actively consider serious and reasonable offers.
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