Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Long Beach, Los Angeles County, California
Absentee owned restaurant with ABC 47 license
Asking Price
$595,000
Revenue
$1,400,000
Down
Call/Email
Cash Flow
$285,000
Description
This is a rare absentee-owned restaurant with solid numbers, brand recognition, and scalability in one of Long Beach's most sought-after areas. Perfect for an investor looking to add a high-performing asset with minimal hands-on time.
Looking for a cash buyer.
Business Details
Year Established:
2013
Employees:
20
Reason for sale:
Retiring
Support & Training:
2 weeks/ 20 hrs per week
Property Information
Size in Square Feet:
3,000 sqft
Premises Details:
10 yrs option
Lease & Tenant Information
Lease Options:
$7,775
Posting Information
Posting ID:
9847822
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Attributes:
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Absentee owned restaurant with ABC 47 license
Posting ID
#9847822
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Los Angeles County, California
$100K Asset Sale | Turnkey Burger Restaurant at SteelCraft
$ 100,000
Exclusive Opportunity | Turnkey Burger Restaurant in Popular Outdoor Food Hall This is a unique opportunity to acquire a fully equipped burger restaurant located inside the popular SteelCraft outdoor food hall. The business features a newly refreshed menu and concept, including classic burgers, Korean-inspired Bulgogi burgers, loaded fries, chicken sandwiches, and other popular fast-casual items. The current owner has recently upgraded the menu and operation, and the business is beginning to gain strong customer response and increased sales. Due to the owner's involvement in a larger business venture, the restaurant is now being offered as an Asset Sale for $100,000. The seller is willing to provide hands-on training and share the current recipes, menu setup, and operating know-how with a qualified buyer. Asking Price: $100,000 – Asset Sale Current Gross Sales: Approximately $35,000–$40,000+ per month and growing Size: Approximately 400 SF Lease: Proposed 5 Years + 5-Year Option Base Rent: Approximately $2,400/month + CAM Highlights: • Turnkey burger restaurant with fully equipped commercial kitchen • Established menu featuring burgers, Bulgogi burgers, loaded fries, chicken sandwiches & more • Current monthly gross sales approximately $35,000–$40,000+ and trending upward • Compact 400 SF operation, manageable with approximately 2–3 employees • Excellent opportunity for a hands-on owner-operator • Seller willing to provide training, recipes, menu setup and operational guidance • Located inside popular SteelCraft outdoor food hall with shared outdoor seating • Multiple food & beverage vendors create consistent cross-traffic • Live music, DJs and community events attract additional customers • Complimentary customer parking available nearby • Additional growth potential through Uber Eats, delivery, catering and group orders • Opportunity to further increase profitability through active owner operation and expanded marketing This business may be an excellent fit for an energetic owner-operator who enjoys the restaurant business and wants an established concept without starting from scratch. With the kitchen, equipment, menu and operating system already in place, a new owner can step in and focus on continuing the recent sales momentum and growing the business. Serious inquiries only. Please contact the listing agent for additional information and to arrange a confidential showing. Please do not disturb employees or other vendors.
Long Beach, California
Long Beach Restaurant w/Heavy Foot Traffic & Visibility – High Volume Potential!
$ 99,000
The Long Beach venue is ideally located in a heavy food traffic location with high visibility and a tremendous amount of potential. The venue, with a 60 person occupancy, boasts a prominent corner location and outdoor patio. The venue has diner style bar seating, a full dining room, and patio seating. Its kitchen has 2 stoves and range, grill, griddle, 2 bucket deep fryer, salad preparation area and walk-in cooler. This business is located in a high-profile location that draws foot-traffic from locals, visitors and tourists. As such, a solid concept will have the platform to attract foot traffic to help to build a new brand or to capitalize on an established concept’s existing brand awareness, which provides the operator a unique competitive advantage. New management will likely wish to capitalize on the location to launch a new concept or expand an existing one to this popular high visibility location. The existing concept, which is not anticipated to transfer in the sale, has the ability to serve liquor, which may prove ideal for a new operator. The business can benefit from a full-time working owner-operator to not only save on wage expenses but also to ensure stellar customer service, the highest possible average ticket sale, and to continue to build brand loyalty while bolstering the average ticket sale.
Long Beach, California
Two-Unit Fast Casual Franchise restaurant with beer & Wine and patio
$ 626,000
CF : $ 300,000
Two-Unit Fast-Casual Franchise Opportunity Approximately $3.2 Million in Annual Sales | Established Operations | Long-Term Leases Executive Summary An exceptional opportunity to acquire a two-unit fast-casual restaurant franchise generating approximately $3.2 million in combined annual sales. These attractive locations combine an established franchise concept, a popular menu, strong revenue, and an efficient counter-service operating model designed to help control labor costs. Known for quality burgers, chicken sandwiches, breakfast offerings, and craft beer and wine, the franchise provides a versatile dining experience that appeals to customers throughout the day. Both restaurants feature beautifully decorated interiors, inviting patios, and excellent curb appeal, creating an attractive environment for customers and a strong visual presence. The business operates under a streamlined counter-service model without traditional table-service staff, helping simplify operations and reduce labor requirements. The two locations benefit from long-term leases and franchise training and support available in Southern California. The business reportedly generates over $200,000 in annual net profit under fully absentee ownership, with potential to generate $300,000 or more annually under owner-management, subject to verification of financial statements, management expenses, and operating costs. Important franchise cost consideration: Combined franchise royalties and advertising fees equal 8% of gross sales. At the current sales level, these fees represent approximately $256,000 annually. Prospective buyers should consider these obligations when evaluating the business's profitability and future growth potential. Investment Highlights • Two Established Locations: Combined annual sales of approximately $3.2 million. • Attractive Restaurant Facilities: Beautifully decorated interiors, patios, and strong curb appeal. • Efficient Operating Model: Counter-service format without traditional servers, helping manage labor expenses. • Long-Term Leases: Potential for continued operations and long-term planning, subject to lease terms and approvals. • Competitive Occupancy Costs: Combined monthly rent of $18,000, equivalent to approximately 6.75% of annual gross sales. • Franchise Royalties and Advertising: Combined fees of 8% of gross sales, or approximately $256,000 annually at current sales. • Reported Absentee Profitability: Over $200,000 in annual net profit, subject to verification and confirmation that all operating expenses are included. • Owner-Operator Potential: Potential for $300,000+ in annual net profit with direct owner involvement, subject to financial verification. • Franchise Training and Support: Training and ongoing support available in Southern California, subject to franchisor requirements. • Established Multi-Unit Platform: An opportunity for an experienced operator or qualified franchise buyer to acquire two operating locations. Business Concept and Operations The franchise offers a quality-focused fast-casual dining experience built around burgers, chicken sandwiches, breakfast items, and craft beer and wine. Its diverse menu creates opportunities to serve customers across multiple dayparts. The counter-service format eliminates the need for traditional table-service staffing, helping simplify labor management and daily operations while maintaining an inviting restaurant environment. Both locations are established and operational, allowing a buyer to acquire existing restaurant infrastructure rather than undertake the time and expense of developing new locations from the ground up. Locations and Facilities Each restaurant features an attractive interior, a welcoming atmosphere, and a patio that enhances the customer experience. Strong curb appeal and visual presentation contribute to the overall appeal of both locations. The restaurants operate under long-term leases. Remaining lease terms, renewal options, rent escalations, assignment conditions, and landlord approvals should be confirmed during due diligence. Financial Overview Financial Metric Combined Operations Annual Gross Sales $3m CONFIDENTIAL INFORMATION MEMORANDUM Two-Unit Fast-Casual Franchise Opportunity Approximately $3.2 Million in Annual Sales | Established Operations | Long-Term Leases Financial Overview Financial Metric Combined Operations Annual Gross Sales $3,200,000 Average Monthly Sales $266,667 Annual Rent $216,000 Rent as % of Sales 6.75% Franchise Royalties and Advertising 8.00% of sales Estimated Annual Franchise Fees $256,000 Monthly Franchise Fees at Current Sales $21,333 Rent and Franchise Fees Combined $472,000 annually Combined Rent and Franchise Fees as % of Sales 14.75% Reported Annual Net Profit — Absentee Over $200,000 Potential Annual Net Profit — Owner-Managed $300,000+ Financial figures are preliminary and subject to verification. The royalty and advertising calculations assume the combined 8% fee applies to all $3.2 million in annual gross sales. The reported net profit figures should be confirmed to ensure franchise fees, rent, payroll, management compensation, and all other operating expenses are properly accounted for. Growth and Value-Enhancement Opportunities A new owner may have opportunities to build on the existing sales base through: • Improving labor scheduling and productivity. • Monitoring food costs, waste, and purchasing efficiencies. • Strengthening local marketing and customer loyalty initiatives. • Increasing breakfast, lunch, and dinner traffic through targeted promotions. • Exploring catering, group orders, and other revenue channels where permitted by the franchisor. • Leveraging franchisor training, marketing resources, and operational support. Given the 8% combined royalty and advertising burden, prospective owners should carefully evaluate incremental sales opportunities and operating margins to determine the most effective ways to improve profitability. Franchise Support and Training Franchise training and support available in Southern California provide additional assistance to a qualified buyer. Prospective buyers should verify transfer approval requirements, initial and ongoing training obligations, royalty and advertising assessments, transfer fees, required upgrades, and other franchise obligations before completing an acquisition. Ideal Buyer Profile This opportunity may appeal to: • Multi-unit restaurant operators seeking expansion. • Experienced restaurant owners seeking an established operating platform. • Investors interested in a business with an existing absentee-management structure. • Owner-operators seeking to participate directly in daily operations and improve financial performance. • Qualified franchise buyers interested in an established Southern California restaurant business. This memorandum is intended for preliminary discussion with qualified prospective buyers. All financial information, operating results, franchise fees, lease terms, and projections must be independently verified. Any transaction is subject to satisfactory due diligence, franchisor approval, landlord consent where required, and definitive purchase documentation.
Long Beach, California
Established Neighborhood Restaurant with Liquor License & Patio!
$ 275,000
This established Long Beach neighborhood restaurant with a bar, full-liquor, and outdoor patio is located in a bustling, historic area of the city. The well-appointed venue with a versatile floor plan features a covered patio, a 6 tap beer delivery system, and a walk-in cooler. The current concept is known for its welcoming ambiance and upscale gastropub atmosphere suited for everyday dining, happy hour, weekend brunch and private events. The business operates within a moderately competitive and well-established dining corridor surrounded by popular neighborhood restaurants, pubs and breweries. The venue is located in a popular location that housed a long-term customer embraced long time tenant – providing it’s a bit of an advantage as its known as a top quality food and drink destination. The business presents new management meaningful growth opportunity given its historic popularity coupled with the vibrant, upscale neighborhood it’s located in. New operators can capitalize on the venue’s flexible build-out, entitlements, and prime location to implement any number of concepts.
Long Beach, California
Legacy in Long Beach 58 years long Burger place is ready for a new owner
$ 89,000
A rare opportunity to acquire a beloved burger restaurant with nearly 60 years of successful operation in Long Beach. This well-established business has built a loyal customer base and strong community presence over decades of serving quality food. The owner is reluctantly selling due to health and age-related reasons, creating an exceptional opportunity for a new owner to step into a proven and profitable operation. Highlights: - Nearly 60 years in business - Prime Long Beach location - Loyal repeat customer base - Excellent reputation and long-standing history - Favorable lease terms with low rent - Turnkey operation - Tremendous growth potential Opportunities like this rarely come to market. With its established history, strong customer following, and attractive rent, this is truly a steal at the asking price.
Long Beach, California
American Restaurant with a Full Patio, high volume and long established
$ 1,999,990
CF : $ 630,000
Buyer Requirements This offering is available to qualified buyers only. Prior to the release of confidential information and execution of a Non-Disclosure Agreement (NDA), interested parties must provide a detailed personal and/or entity financial statement, proof of funds, and evidence of prior experience operating high-end dining concepts and high-volume restaurant operations. Ownership reserves the right to approve all prospective buyers. Business Summary This well-established American cuisine restaurant with a full bar has been a cornerstone of its market for nearly 20 years. Known for its broad and approachable menu, the restaurant features high-quality steaks, fresh seafood, and popular Midwest specialties, including ribs and BBQ, alongside thoughtfully developed vegetarian options that appeal to a wide range of guests. The concept has built a loyal customer base and a strong reputation for consistency, quality, and value. Financial performance is solid and trending upward, with year-over-year sales growth and 2025 revenues exceeding $4.2 million. The business generates annual profits of over $600,000, demonstrating strong operational efficiency and dependable cash flow. Despite its success, the restaurant presents significant upside potential for a new owner. The operation does not currently utilize third-party delivery platforms and has minimal structured marketing efforts in place. Strategic investment in digital marketing, loyalty programs, catering, and delivery partnerships could drive additional sales and further expand revenue streams. The real estate terms are highly favorable. Approximately 1.5 years remain on the current lease, with a 10-year renewal option available to the new buyer. Total rent, including NNN, is just under $20,000 per month, reflecting an attractive 6% rent factor—an increasingly rare and desirable feature that provides long-term stability and protects margins. Overall, this is a proven, profitable restaurant with strong fundamentals, excellent lease terms, and clear opportunities for growth under new ownership.
Los Angeles, California
ASK $670K:MONTHLY NET $20K: Chicken wings, Deli fast food : ABSENTEE RUN
$ 670,000
CF : $ 240,000
ASKING $670,000. SBA LOAN POSSIBLE FOR QUALIFIED BUYERS. $210K DOWN. For sale is an American Deli fast food restaurant specializing in chicken wings, located in the bustling West Adams neighborhood of Los Angeles, California. Positioned adjacent to local favorites like Panda Express and Yoshinoya, this establishment enjoys a prime location that guarantees high foot traffic. The business primarily offers fast food for takeout, catering to the fast-paced lifestyle of its customers. The current owner has successfully operated the restaurant for seven years, ensuring its stability and proven business model. Notably, this business opportunity presents an absentee-run model, ideal for individuals seeking to invest in a self-sustaining operation without the need for day-to-day management. With a well-established presence in the community and a strong customer base, this restaurant represents a robust investment opportunity. The asking price for this venture is $670,000. For further details and to discuss this opportunity, please reach out to broker Joey Kim at 213 255 1478
Norwalk, California
Pizza Restaurant with Beer & Wine(ABC-Type 41) License
$ 515,000
CF : $ 175,260
Pizza Restaurant - Beer & Wine(ABC-Type 41) License - Absentee Operated Great opportunity to own an attractive, 100% absentee owned, pizza restaurant with beer & wine(ABC-Type 41) license. Please note, that this attractive business with ample seating capacity attracts patrons for a quick business lunch to a night out the family. This establishment pampers it’s guests with a selection of draft beers on tap, multiple televisions, gaming machines providing entertainment for the entire family. This business is located inside an attractive shopping complex anchored with a national brand name chain store. High population density area ensures large volume of vehicle and foot traffic. Business Highlights F.Y. 2025: Revenues: $822,678 SDE/NET: $175,260 SDE is based on owner operator model with owner replacing current manger. Inventory: $15,000.00 Employees: 10 Manager: 1 Perfect for an owner operator, current ownership is 100% absentee and 100% employee run. An incoming owner operator may reduce operating expenses by managing payroll related expenses, generate additional revenues through enhanced customer service potentially resulting in higher gross revenues and a corresponding higher bottom line. This well established franchised business has consistent and provable gross revenues, easy operations, absentee ownership, long lease terms, suitable location along with opportunity for expansion and growth presenting an attractive acquisition opportunity. This is a Confidential Offering, utmost discretion is requested. ALL potential buyers must Sign an NDA, Completed Buyer Profile agree and understand that no direct communication with the facility or administrative staff what-so-ever is expected as a part of the pre-due diligence phase of the sale. Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers and/or its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchasers are hereby advised to consult with their legal, financial and other experts/advisors.
Recommended Brokers
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Ryan Rienhart
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
View More