Hot Listing
Santa Monica Restaurant w/ Beer and Wine
Business Description
Successful Turnkey Mediterranean Restaurant /Or bring your own Concept
This restaurant stands out for its proven success, loyal customer base, and prime 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, making it easy to transition or rebrand. Flexible purchase options and available SBA financing make it even more accessible. Whether continuing the current concept or launching something new, this business is ready to support long-term growth.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- This 2,495 square foot venue leases for $8359.00 per month, plus cam charges in common area maintenance expenses (CAM). New Lease finalized . 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. An estimated $5k in food and beverage inventory will be sold at cost at close. If your are looking to purchase the concept with out the name, the price will differ drastically. Ready to go Restaurant turnkey.
- Market Outlook / Competition
- Turnkey Restaurant Opportunity – High Revenue
Take over a successful restaurant with $2.5M in 2024 gross sales and a loyal following. Perfect for continuing a similar concept or launching your own.
Asking Price:
• $299,000 Bring your own concept
All equipment and furniture stays
Financing:
• $150K transferable SBA loan available $723/month loan payment - Opportunities for Growth
- Downtown Santa Monica continues to thrive as a premier destination for food, entertainment, and culture,creating a naturally competitive landscape. Yet this venue has carved out a strong niche and proven its profitability. Many new developments have recently been completed, including a brand-new Equinox gym just one block away. 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
- 6/1/2040
About the Sale
- Seller Motivation
- We are moving been in the industry for over 20 Years
- Transition Support
- Support and training to be determined upon sale of the restaurant
- Financing Options
- A transferable SBA loan of $150K is available to a qualified buyer
Listing Info
- ID
- 2378983
- Listing Views
- 4288
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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