South Bay Area Restaurant & Bar w/Liquor & 2 Patios – Property Include

Manhattan Beach, CA (Los Angeles County)

South Bay Area Restaurant & Bar w/Liquor & 2 Patios – Property Include

Asking Price:$1,649,000

Cash Flow:$164,400

Gross Revenue:$976,407




Real Estate:$1,350,000


South Bay Area Restaurant & Bar w/Liquor & 2 Patios – Property Include

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Business Description

This South Bay restaurant and bar with liquor and two patios includes the very special real estate in the sale. The kitchen has a large hood and walk-in cooler. Restaurant equipment includes a dish-washing unit, ice machine, stacked convection ovens, a 2 bucket deep fryer, a grill, griddle and range top stove, and 2 large salad prep tables. The venue has a large walk-in wine room, a front patio and a large rear patio that may be sectioned off for private events.

Detailed Information

Real Estate:
Included in asking price
Building SF:
This 2,500 square foot restaurant leases for $7,500 plus $1,200 in CAM (common area maintenance) expenses, however the property is also being offered in the sale. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included, and inventory will be sold at cost at close.
This business is located in a unique geographic location that not only provides it a somewhat built-in client base comprised of local residents, high discretionary income personnel who work in the area, but it is also a convenient destination for visitors.
Growth & Expansion:
As the current concept is successful, new management may prefer to maintain the turn-key operation as is or they may modify it to suite the buyer’s taste. The versatile location could be modified to suite fine dining, a bistro, a high-end casual concept or anything in between!
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:

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Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

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Sponsoring Broker:
Michael Wildeveld

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