Beautiful Restaurant on Major HWY in Beach City

Long Beach, CA (Los Angeles County)

Beautiful Restaurant on Major HWY in Beach City

Asking Price:$150,000

Cash Flow:$30,541

Gross Revenue:$744,276

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Rate/Sq. Ft.:N/A

Established:2012

*not included in asking price.

Beautiful Restaurant on Major HWY in Beach City

Get Financing Save Print Share Valuation Report

Business Description

Beautiful Sushi and Thai fusion restaurant with attractive décor, clean environment and ample parking. The absentee owner who lives in San Diego must sell due to the financial complications of a divorce. This stand-alone 2,700+/- sq. ft. restaurant with large enclosed patio, is located in a southern LA County beach city on a major highway. This establishment consistently grosses $50,000-$60,000 per month. Hands-on involvement and promotion by a new owner would quickly improve sales. There is a beer and wine license. Catering services are established. A newly-renovated, enclosed patio area is perfect for private parties of 30+ people. The main restaurant seats about 80. The owner is motivated to sell. The interior space has a generic seascape themed décor and could also accommodate any other desired dining concept including seafood or a sports bar if the new owner so desires. There are multiple TVs and a good sound system plus a sushi bar with chill casing. Ample parking is available with 30 onsite parking spots as well as plenty of street parking. Live music is provided at varied times throughout the week. Big upside for growth and income improvements! Call now before this opportunity is gone. Roger Civalleri 310-384-5665 or Margot Murphy 949-630-5577.

Listing ID: LA04072

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Support & Training:
4 wks @ 15 hrs / wk

Listing Statistics for Premium Members

Ad#:1302668 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Margot Murphy

Business Listed By:
Margot Murphy

LINK Business

Show Phone Number

View My Listings


Sponsoring Broker:
Ronald Hottes

Find out more...

Get more details about this business.


Similar Listings


Extreme Pizza

Franchise Opportunity
Capital Required: $214,200