Prime Downtown Hermosa Beach Restaurant w/ Ocean Views

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Prime Downtown Hermosa Beach Restaurant w/ Ocean Views


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Restaurant & Bar Steps to the Beach
Established Italian restaurant in one of Southern California’s most desirable coastal communities in the heart of downtown Hermosa Beach, located just one block from the famous Strand & beach. This turnkey space features an 1819 ft2 interior seating of 70 guests, plus a 415 ft2 outdoor patio accommodating an additional 60 patrons. Fully equipped w a Type 41 Beer & Wine license, an 18-tap beer system, bar countertop seating in addition to table dining, new POS system w handhelds, upgraded sound & light system, and a very large kitchen that was recently updated w. new equipment & a walk-in cooler. This restaurant has been recently renovated & upgraded throughout making it an excellent setup for an owner-operator, investor or absentee owner to keep the existing concept or launch a new one. There is also ample public parking w. an adjacent 200 space structure.
Asking Price: $250,000


Property & Business Highlights

***22 year established restaurant operation w. a recognized brand and proven business model, existing infrastructure and established systems
***Prime Hermosa Beach location w highly desirable ocean view & clean air.
***Multiple revenue streams through dining, established weekly entertainment (daily live music, Thursday comedy night, Sunday Gospel lunch, fundraisers, events), and numerous 3rd party online food ordering sites for delivery & p/u.
***Strong local & visitor traffic supported by Hermosa Beach’s year round appeal.
***Leased premises, allowing a buyer to acquire the operating business without purchasing the underlying real estate.
***Established entertainment designed to drive traffic throughout the week to create an experience that extends beyond traditional dining and online delivery & p/u.
Entertainment & Events

Current owner has the following entertainment, but an incoming owner can add more options if they desire to:

Gospel Sundays
Comedy Thursdays
Live Music Fridays
Live Music Saturdays

Prime Hermosa Beach Location

Situated in the heart of Hermosa Beach, Ca., this restaurant benefits from a vibrant blend of local residents, tourists, beachgoers, active nightlife traffic, year- round beach events, concerts, volleyball tournaments, marathons, and a full calendar of City and Chamber of Commerce events.

Its coastal positioning and ocean views provide an additional draw for customers looking for a memorable dining experience. Local events and street activity throughout the year can also contribute to increased visibility and pedestrian traffic.

Investment Opportunity

Offered at $250,000, this opportunity provides a buyer to acquire a fully equipped & turnkey restaurant operation without having to start from the ground up.

The combination of an established restaurant, existing customer base, entertainment programs, prime coastal location, and turnkey operation creates an attractive opportunity for a first time buyer, experienced restauranteur, investor or operator looking to enter into the Hermosa Beach market.

Contact us for additional information, financials, lease details, and to schedule a confidential tour.

*All information is subject to verification. Buyer to independently verify all information regarding the business, lease, financial performance, licenses, permits, and other applicable details.*
About the Business
Years in Operation
22
Facilities & Assets
Beer and Wine License - Fully Equipped Commercial Kitchen- Massive exterior patio dinning area. Steps away from the the Hermosa Beach Strand- Walk in cooler - Full sound system - Recent $200,000 major remodel throughout
Market Outlook / Competition
22-year proven track record with an established brand, loyal local clientele, strong community presence, and high foot traffic.
Diversified revenue streams including indoor and outdoor dining, late-night online ordering and delivery, live entertainment, and local community events.
Significant growth potential through expanded daily operating hours, increased catering, private events, enhanced event programming, and further development of online and delivery sales.
Opportunities for Growth
This business offers substantial growth & expansion upside for a new owner. Key growth opportunities include: *Expand operating hours to include breakfast/ brunch/lunch since the current opening hours are 2 PM.
*Creating a strong online presence by having a website that has optimized keywords (current owner has no website).
*Increase catering, private events, sponsorship & entertainment
*Expanding on 3rd party online delivery & p/u which account for roughly a third of existing sales.A new operator has the opportunity to build upon an existing operation rather than starting a restaurant concept from the ground up.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,819
Lease Expiration
3/2/2028
About the Sale
Seller Motivation
RETIREMENT
Transition Support
Owner willing to stay on for 2 weeks and up to 1 month for easy transition if needed.
Financing Options
Potential seller financing for a qualified buyer
Listing Info
ID
2536650
Listing Views
245

Listing ID: 2536650 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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