Recently remodeled restaurant with full bar

Asking Price$475,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$15,000
Not included in asking price
FF&E$75,000
Included in asking price
New Bar
New furniture
New TV’s
New Bar
Save1/5

Recently remodeled restaurant with full bar


Asking Price$475,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$15,000
Not included in asking price
FF&E$75,000
Included in asking price
Business Description
An established downtown Long Beach restaurant for over 19 years. The restaurant has been recently remodeled within the last two years. It’s a turnkey operation, with loyal customers, and a recently added full liquor license.
About the Business
Years in Operation
19
Employees
10
Facilities & Assets
The restaurant has several new pieces of equipment and is completely immaculate. I’ve maintained the store for almost 20 years and pride myself on cleanliness.
Market Outlook / Competition
Busy downtown area
Opportunities for Growth
The area has recently added numerous brand new buildings within a 100 yard radius of the business. Lot of future growth potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$7,000.00 per month
Lease Expiration
1/1/2027
About the Sale
Seller Motivation
I’m starting a new career.
Transition Support
I’m willing to help out for a couple weeks
Listing Info
ID
2282332
Listing Views
542

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Michael Rosetti

Listing ID: 2282332 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.


Similar Listings
Liquor Store
$499,000Liquor StoreLos Angeles County, CA
Japanese (Gardena)
$299,000Japanese (Gardena)Los Angeles County, CA
Slice House
$250,000Slice HouseFeatured Franchise
Round Table Pizza - California
$250,000Round Table Pizza - CaliforniaLos Angeles County, CA
Ice Cream Shop
$250,000Ice Cream ShopLos Angeles County, CA
Charleys Philly Steaks & Wings
$200,000Charleys Philly Steaks & WingsFeatured Franchise
Profitable Chinese Restaurant
$349,000Profitable Chinese RestaurantLos Angeles County, CA
Pure Green Franchise
$100,000Pure Green FranchiseFeatured Franchise
Turnkey-Profitable Pizzeria in a Great area
$499,000Turnkey-Profitable Pizzeria in a Great areaLos Angeles County, CA
Le Macaron
$100,000Le MacaronFeatured Franchise
Liquor Store
$499,000Liquor StoreLos Angeles County, CA
Japanese (Gardena)
$299,000Japanese (Gardena)Los Angeles County, CA
Slice House
$250,000Slice HouseFeatured Franchise
Round Table Pizza - California
$250,000Round Table Pizza - CaliforniaLos Angeles County, CA
Ice Cream Shop
$250,000Ice Cream ShopLos Angeles County, CA
Charleys Philly Steaks & Wings
$200,000Charleys Philly Steaks & WingsFeatured Franchise