Trophy Location - Italian Dining, Full Liquor Bar
Business Description
This is a rare opportunity to acquire a beautifully executed full-service restaurant and bar with brand appeal in the heart of Redondo Beach’s Riviera Village, one of the South Bay’s most desirable and supply-constrained coastal trade areas and consistent daytime foot traffic.
This 1,350 square foot space offers an efficient and intimate layout with 34 interior seats and 12 patio seats in the parklet under a secure outdoor permit (additional $500/mo rent to Regional Business Assn. - optional to buyer). The restaurant was completed recently with significant attention to design and detail, presenting at a level well above typical second-generation restaurant offerings.
The business operates under a Type 47 (full liquor) license. Current rent is $9,741 per month inclusive of CAM, with 5 years remaining on the lease plus a single 5 year option. The occupancy cost is on the lower end of the corridor.
The $400,000 asking price reflects the quality of the space, recent improvements, and full liquor license included in the sale. Qualified buyer interest is expected.
This is a confidential listing. Photo is illustrative of the property but not actual. Please do not disturb employees or inquire directly with the business. All inquiries must be directed through the broker. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).
This 1,350 square foot space offers an efficient and intimate layout with 34 interior seats and 12 patio seats in the parklet under a secure outdoor permit (additional $500/mo rent to Regional Business Assn. - optional to buyer). The restaurant was completed recently with significant attention to design and detail, presenting at a level well above typical second-generation restaurant offerings.
The business operates under a Type 47 (full liquor) license. Current rent is $9,741 per month inclusive of CAM, with 5 years remaining on the lease plus a single 5 year option. The occupancy cost is on the lower end of the corridor.
The $400,000 asking price reflects the quality of the space, recent improvements, and full liquor license included in the sale. Qualified buyer interest is expected.
This is a confidential listing. Photo is illustrative of the property but not actual. Please do not disturb employees or inquire directly with the business. All inquiries must be directed through the broker. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,350
- Rent
- $9,741.00 per month
About the Sale
- Seller Motivation
- Owner wishes to to focus on other priorities
Listing Info
- ID
- 2478065
- Listing Views
- 6
Listing ID: 2478065 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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