Restaurant For Sale

Long Beach, CA (Los Angeles County)

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Asking Price:$269,000

Cash Flow:$140,000

Gross Revenue:$250,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Established:2008

Restaurant For Sale

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Business Description

Restaurant 4 Sale * Business Opportunity

Established in 2008, open and running Mexican Food Restaurant for sale in Wrigley Area of Beautiful Long Beach, California. In discretionary income area close to freeways entrances and exits (405 and 710 frwys) on the corner of Pacific and Wardlow. This property is located across the street from the Metro Station, close to the Golf Course, Apartments, Residences and the Hospital. The Sale includes all Inventory, restaurant equipment and machinery. The business operates with a Type 41 Beer and Wine State license which is included in the business sale. Lets meet and go over the Financials.

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Detailed Information

Inventory:
Included in asking price
Employees:
6 + Owner
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This facility was completely remodeled in 2008 with all new equipment, flooring, walls, outdoor seating patio with Fountain. Ample parking on North side of business in the evening and weekends, (adjacent to the restaurant, over 1/2 mile of public parking on Pacific). Bring your buyers and Investors, they will not be dissapointed. PLEASE TAKE THE VIRTUAL TOUR. Call the listing agent for more information and Lease Specs. Sale Includes: Furniture, fixtures, restaurant equipment, machinery, Government License ABC License no. 41, Employee list and information, 12 Camera Surveillance System, Phone Number, Signs and much more.
Competition:
No Competitors in a 1 mile radius for Mexican and Asian Cuisine Restaurants. Close to Discretionary Income Areas (Bixby Knolls and Wrigley Heights) and across the street from the Metro Station where 1000's of people pass daily. Freeway Entrances within 1/2 mile of both Pacific and Wardlow Bl (405 & 710 frwys).
Growth & Expansion:
Limited Square Footage even though Patio has been Converted to outdoor Dining Area with a Fountain and Heating Lamps. Annual increases in Rent.
Support & Training:
Restaurant Owners Do Not Need Support Training. They need a Great Location. You will Not be dissapointed in this property!
Reason for Selling:
Larger Location Needed, Relocating to Orange County.

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Mark Plata Bores

Business Listed By:
Mark Plata Bores

Berkshire Hathaway HSCP

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