Great Opportunity to Take Over A Bar with Food Service Restaurant
Asset Sale Description
Established Bar and Restaurant Asset Sale Opportunity in Long Beach, California
This turnkey hospitality asset presents an exceptional opportunity to acquire a fully operational bar and restaurant facility in Long Beach's vibrant Broadway corridor. The establishment has maintained continuous operations since 2013, demonstrating proven market viability and community acceptance.
Facility Specifications:
- Total square footage: 2,700 sq ft
- Full Type 47 liquor license included
- Complete restaurant kitchen with pizza ovens
- Entertainment area with pool tables
- Flexible layout accommodating private events and entertainment programming
Operational Features:
- Established entertainment programming including karaoke and DJ services
- Full-service kitchen capabilities
- Private event hosting capacity
- Strategic location with high visibility on Broadway
Financial Structure:
- Monthly rent: $6,500 (including triple net charges)
- Lease term: 9 years remaining
- Annual rent escalation: 3% on 25th month anniversary
- Existing loan assignment available: $475,000 at $7,500 monthly payments
Investment Highlights:
- Turnkey operation with established infrastructure
- Prime Long Beach location with proven foot traffic
- Flexible concept potential for various hospitality formats
- Comprehensive liquor licensing in place
- Long-term lease security with favorable terms
- Immediate operational capability upon transfer
This asset sale provides investors with the opportunity to acquire a fully equipped hospitality venue with established market presence. The facility's versatile layout and comprehensive licensing structure support multiple operational concepts, from traditional bar and grill to specialized entertainment venues. The strategic Broadway location offers excellent visibility and accessibility within Long Beach's commercial district.
The existing infrastructure, including professional kitchen equipment, entertainment systems, and full liquor licensing, represents significant value and eliminates typical startup barriers associated with new hospitality ventures.
This turnkey hospitality asset presents an exceptional opportunity to acquire a fully operational bar and restaurant facility in Long Beach's vibrant Broadway corridor. The establishment has maintained continuous operations since 2013, demonstrating proven market viability and community acceptance.
Facility Specifications:
- Total square footage: 2,700 sq ft
- Full Type 47 liquor license included
- Complete restaurant kitchen with pizza ovens
- Entertainment area with pool tables
- Flexible layout accommodating private events and entertainment programming
Operational Features:
- Established entertainment programming including karaoke and DJ services
- Full-service kitchen capabilities
- Private event hosting capacity
- Strategic location with high visibility on Broadway
Financial Structure:
- Monthly rent: $6,500 (including triple net charges)
- Lease term: 9 years remaining
- Annual rent escalation: 3% on 25th month anniversary
- Existing loan assignment available: $475,000 at $7,500 monthly payments
Investment Highlights:
- Turnkey operation with established infrastructure
- Prime Long Beach location with proven foot traffic
- Flexible concept potential for various hospitality formats
- Comprehensive liquor licensing in place
- Long-term lease security with favorable terms
- Immediate operational capability upon transfer
This asset sale provides investors with the opportunity to acquire a fully equipped hospitality venue with established market presence. The facility's versatile layout and comprehensive licensing structure support multiple operational concepts, from traditional bar and grill to specialized entertainment venues. The strategic Broadway location offers excellent visibility and accessibility within Long Beach's commercial district.
The existing infrastructure, including professional kitchen equipment, entertainment systems, and full liquor licensing, represents significant value and eliminates typical startup barriers associated with new hospitality ventures.
Detailed Information
- Years in Operation
- 13
- Facilities & Assets
- Equipment
Bar Quantity
Ice well Bar station 3
Beer Coolers Bottles 2
Keg Cooler 1
Barstools 10
Tables 14
Backless barstools 15
Kitchen
Hobart 20 QT Mixer
Bakers Pride Double Pizza Oven
Deep Fryer
24" Flat grill
12" Charbroiler Grill
2 Burner Range
36" Chef Base Refrigerator
Single door fridge
60" Pizza Prep table
Stainless tables 2
Wall Shelves 4
3 comp Sink
3 Door Fridge Storage room
office / Tech media
Office PC
16 Channel Security Cameras
Audio Equipment
Networking equipment
65" TV
50: TV 6
Toast POS 2
Toast POS Handheld 4
ipad
About the Sale
- Transition Support
- Seller is willing to bring support and training as needed.
- Seller Motivation
- Moved out of California
- Financing
- Possible seller financing available
Listing Info
- ID
- 2477199
- Listing Views
- 8
Listing ID: 2477199 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.















