ABC 47, 58 Live Entreatment & 77, with Lease Assignment Required
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LEASE ASSIGNMENT (OAC) WITH ABC 47, 58 & 77. Step into a turnkey restaurant opportunity that eliminates the typical startup headaches and positions you for immediate revenue generation. This fully operational Italian restaurant delivers everything you need to launch your culinary vision without the years of planning, permitting, and equipment sourcing that drain both time and capital from most restaurant ventures.
Your investment secures an ABC47 (58 & 77) license including live entertainment and catering capabilities, instantly providing you with competitive advantages that typically take months or years to obtain. This means you can immediately offer dinner shows, live music nights, and special events that command premium pricing and create memorable experiences that build customer loyalty.
The complete kitchen and dining room equipment package eliminates six-figure startup costs while ensuring you meet health department standards from day one. Every piece of professional-grade equipment is ready for service, allowing you to focus your capital on marketing, staffing, and perfecting your menu rather than infrastructure.
With a seven-year lease plus 10-year extension option running through 2043, you gain the location stability essential for building brand recognition and customer relationships. This long-term security enables you to invest confidently in marketing campaigns, staff training, and facility improvements knowing your location is protected.
San Diego's thriving dining scene and year-round tourist traffic provide consistent revenue opportunities. The established customer base means you inherit existing cash flow while having the flexibility to implement your unique concept and grow the business according to your vision.
This opportunity transforms the typically risky restaurant startup process into a strategic business acquisition that can generate income from opening day while you build toward your long-term profitability goals.
Your investment secures an ABC47 (58 & 77) license including live entertainment and catering capabilities, instantly providing you with competitive advantages that typically take months or years to obtain. This means you can immediately offer dinner shows, live music nights, and special events that command premium pricing and create memorable experiences that build customer loyalty.
The complete kitchen and dining room equipment package eliminates six-figure startup costs while ensuring you meet health department standards from day one. Every piece of professional-grade equipment is ready for service, allowing you to focus your capital on marketing, staffing, and perfecting your menu rather than infrastructure.
With a seven-year lease plus 10-year extension option running through 2043, you gain the location stability essential for building brand recognition and customer relationships. This long-term security enables you to invest confidently in marketing campaigns, staff training, and facility improvements knowing your location is protected.
San Diego's thriving dining scene and year-round tourist traffic provide consistent revenue opportunities. The established customer base means you inherit existing cash flow while having the flexibility to implement your unique concept and grow the business according to your vision.
This opportunity transforms the typically risky restaurant startup process into a strategic business acquisition that can generate income from opening day while you build toward your long-term profitability goals.
About the Business
- Facilities & Assets
- This offering presents a opportunity to acquire a fully improved, second-generation restaurant location with valuable operating entitlements already in place. The purchase price is primarily to California ABC Type 47, Type 57, and Type 77 licenses together with the leasehold opportunity. Tenant improvements in place and equipment included valued at $2,5M
The restaurant features approximately $2,000,000 in existing tenant improvements, including a professionally designed commercial kitchen, bar, dining areas, infrastructure, and restaurant equipment. These improvements will remain in place for the benefit of the purchaser. No separate value is assigned to the furniture, fixtures, equipment (FF&E), or tenant improvements, which are included in their existing condition as part of the overall opportunity.
The location benefits from approved live entertainment privileges until 2:00 a.m., providing operational flexibility that is difficult to duplicate in today's regulatory environment. - Market Outlook / Competition
- The surrounding trade area is home to some of Southern California's most successful and recognized restaurant concepts, including Steak 48 and Addison, California's only three Michelin Star restaurant. The area's demographics, disposable income, and dining culture make it an ideal location for an established regional or national hospitality brand.
- Opportunities for Growth
- This opportunity is ideally suited for an established restaurant group seeking immediate entry into one of Southern California's most desirable dining markets without the time, expense, and uncertainty associated with developing a new restaurant from the ground up.
A purchaser benefits from:
• Existing Type 47, Type 57, and Type 77 California ABC licenses.
• Live entertainment approval until 2:00 a.m.
• Approximately $2,500,000 in existing tenant improvements and Equipment.
• A fully equipped commercial kitchen.
• Established restaurant infrastructure.
• Immediate operating potential following landlord and regulatory approvals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,126
- Rent
- $26,000 per month
- Lease Expiration
- 4/30/2033
About the Sale
- Seller Motivation
- Downsizing at this location due to additional brand locations.
- Transition Support
- Simple sale of ABC thru Escrow. Once lease is assigned early possession will be granted with all purchase price proceeds deposited in escrow. Seller will consider allowing operator to keep menu with few exceptions. NOT THE NAME
- Financing Options
- Seller will pay 5 months of rent for new operator at close of escrow.
Listing Info
- ID
- 2533851
- Listing Views
- 112
Attached DocumentsAttachment Disclaimer
Listing ID: 2533851 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.
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