Serendipity Cafe Restaurant | Full Bar & Patio - ZERO KEY MONEY
Asset Sale Description
Turnkey Operation! Full Address is Shown
Turnkey ±5,537 SF Corner Restaurant | Over $1M Invested | Full Bar | Enclosed Patio | Optional Type 47
Not all interested parties will qualify. Must have excellent credit and financials.
Rare opportunity to acquire a beautifully remodeled ±5,537 SF second-generation restaurant in a prime corner South Bay location. This turnkey space is built for immediate operation and is ideal for an experienced operator, hospitality group, or expanding brand seeking a polished, high-capacity location with strong built-in fundamentals.
More than $1,000,000 has been invested into the renovation, kitchen build-out, bar installation, and interior improvements, creating a modern, high-quality dining environment. The space features a fully renovated dining room, full bar build-out, and a fully enclosed patio well-suited for private events, group dining, and special occasions.
The brand-new commercial kitchen was designed for high-volume service and includes a 20-foot hood system, grease interceptor, and walk-in refrigerator and freezer. An optional transferable Type 47 full liquor license is available for purchase, offering additional value and upside for the right buyer.
The tenant is currently in Year 2 of an 11-year lease, offering long-term lease control and operational stability. Even better, there is no key money required for the leasehold interest.
Positioned directly across from a major new residential development with 115 new units, this location benefits from increasing density, built-in neighborhood traffic, and continued growth in one of the South Bay’s most desirable trade areas. Strong visibility, excellent access, and ample parking make this a compelling long-term restaurant opportunity.
Highlights
High-volume kitchen with 20 ft. hood
Grease interceptor
Walk-in refrigerator and freezer
Prime corner location with strong visibility along Pacific Coast Highway
±5,537 SF second-generation restaurant
Over $1M invested in remodel and improvements
Full bar build-out
Fully enclosed patio
Optional Type 47 full liquor license - available but buyer is not required to acquire it
102 on-site parking spaces, including ADA stalls
ADA-compliant restrooms
Space in excellent condition
Plug-and-play opportunity
No key money
Across from 115 new residential units
Located in affluent Redondo Beach trade area
Lease Terms
Years 3–4 (March 1, 2026 – February 29, 2028): $2.50/SF + $0.45 NNN = $16,334.15
Year 5: $2.83/SF + $0.45 NNN
Years 6–11: 3% annual increases
Additional Notes
Lease rate does not include utilities, property expenses, or building services
Fully built-out for restaurant or café use
Central A/C
Private restrooms
Freezer space
DDA compliant
Not all interested parties will qualify. Must have excellent credit and financials.
Rare opportunity to acquire a beautifully remodeled ±5,537 SF second-generation restaurant in a prime corner South Bay location. This turnkey space is built for immediate operation and is ideal for an experienced operator, hospitality group, or expanding brand seeking a polished, high-capacity location with strong built-in fundamentals.
More than $1,000,000 has been invested into the renovation, kitchen build-out, bar installation, and interior improvements, creating a modern, high-quality dining environment. The space features a fully renovated dining room, full bar build-out, and a fully enclosed patio well-suited for private events, group dining, and special occasions.
The brand-new commercial kitchen was designed for high-volume service and includes a 20-foot hood system, grease interceptor, and walk-in refrigerator and freezer. An optional transferable Type 47 full liquor license is available for purchase, offering additional value and upside for the right buyer.
The tenant is currently in Year 2 of an 11-year lease, offering long-term lease control and operational stability. Even better, there is no key money required for the leasehold interest.
Positioned directly across from a major new residential development with 115 new units, this location benefits from increasing density, built-in neighborhood traffic, and continued growth in one of the South Bay’s most desirable trade areas. Strong visibility, excellent access, and ample parking make this a compelling long-term restaurant opportunity.
Highlights
High-volume kitchen with 20 ft. hood
Grease interceptor
Walk-in refrigerator and freezer
Prime corner location with strong visibility along Pacific Coast Highway
±5,537 SF second-generation restaurant
Over $1M invested in remodel and improvements
Full bar build-out
Fully enclosed patio
Optional Type 47 full liquor license - available but buyer is not required to acquire it
102 on-site parking spaces, including ADA stalls
ADA-compliant restrooms
Space in excellent condition
Plug-and-play opportunity
No key money
Across from 115 new residential units
Located in affluent Redondo Beach trade area
Lease Terms
Years 3–4 (March 1, 2026 – February 29, 2028): $2.50/SF + $0.45 NNN = $16,334.15
Year 5: $2.83/SF + $0.45 NNN
Years 6–11: 3% annual increases
Additional Notes
Lease rate does not include utilities, property expenses, or building services
Fully built-out for restaurant or café use
Central A/C
Private restrooms
Freezer space
DDA compliant
Detailed Information
- Years in Operation
- 2
- Facilities & Assets
- Fully equipped commercial kitchen. Patio, dining room.
About the Sale
- Seller Motivation
- Rapid expansion outpaced the current operator’s ability to fully stabilize opera
- Financing
- No seller financing.
Listing Info
- ID
- 2484100
- Listing Views
- 7
Business Location
Listing ID: 2484100 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.












