Hot Listing
Santa Monica Restaurant w/ Beer and Wine Location Location Location
Business Description
Existing Mediterranean Restaurant/ Bring your own Concept
Location, Location, Location
With strong 2024 gross sales of $2.49M, it offers a turnkey opportunity for a buyer looking to step into a profitable operation. The space is fully equipped and well-maintained with Beer and Wine making it easy to transition or rebrand. Whether bringing the same concept or launching something new, this business is ready to support long-term growth.
The eight-story development, which features studios, one-, two- and three-bedroom apartments, includes more than 67,000 square feet of amenity space, a 60,000-square-foot upscale grocery store and a 34,000-square-foot Equinox Fitness Club. The project also incorporates a nearly three-quarter-acre private park on the third floor.
With strong 2024 gross sales of $2.49M, it offers a turnkey opportunity for a buyer looking to step into a profitable operation. The space is fully equipped and well-maintained with Beer and Wine making it easy to transition or rebrand. Whether bringing the same concept or launching something new, this business is ready to support long-term growth.
The eight-story development, which features studios, one-, two- and three-bedroom apartments, includes more than 67,000 square feet of amenity space, a 60,000-square-foot upscale grocery store and a 34,000-square-foot Equinox Fitness Club. The project also incorporates a nearly three-quarter-acre private park on the third floor.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- This 2,495 square foot venue leases for $8359.00 base per month, plus cam charges in common area maintenance expenses (CAM). New Lease finalized June 2025 . 10 year with 1 option of 5 years just renewed. All of the business’s furniture, fixtures, equipment and Type 41 Beer and Wine License will be included in the sale. The name and menu will not be included. To build a restaurant like this from scratch in today’s market would cost over $1 million and take about two years. Ready to go Restaurant. Location Location Location
- Market Outlook / Competition
- Turnkey Restaurant Opportunity – High Revenue
Take over a successful restaurant with $2,435,000 in 2024 gross sales and a loyal following. Perfect for continuing a similar concept or launching your own.
Asking Price:
• $280,000 Bring your own concept
All equipment and furniture stays
Financing: None - Opportunities for Growth
- Location Location . Downtown Santa Monica continues to thrive as a premier destination for food, entertainment, and culture, creating a naturally competitive landscape. Many new developments have recently been completed, including a brand-new Equinox gym just one block away and 196 Units next door just finished, please see photo below. The area benefits from a strong office presence, busy lunch crowd, while the surrounding residential
condominiums contribute to steady dinner traffic—further highlighting the location’s momentum and long-term potential.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,495
- Rent
- $8,359.00 per month
- Lease Expiration
- 6/4/2040
About the Sale
- Seller Motivation
- We’re retiring after 15 years in the industry. We need to close our books before
- Transition Support
- Support and training to be determined upon sale of the restaurant
Listing Info
- ID
- 2378983
- Listing Views
- 4876
Listing ID: 2378983 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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