Established Coastal Restaurant/Bar With ABC

Los Angeles, CA (Los Angeles County)

Established Coastal Restaurant/Bar With ABC
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established Coastal Restaurant/Bar With ABC

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Business Description

Established Coastal Restaurant/Bar With ABC

RRC#: 3234
Asking Price: Offered At $350,000
Location: Los Angeles, Los Angeles County
Annual Revenue: $2,000,000
Annual Cash Flow:
Monthly Rent: $14,000 Listing Description:
Established Profitable Coastal Restaurant/Bar With ABC

One of Los Angeles’ most popular restaurants, located just minutes from some of California’s most popular beaches, including Santa Monica. Possessing a type 47 ABC license, this landmark bar/restaurant, established in 2008, has a loyal local following. With the highest quality brunch, lunch and dinner reasonably-priced menus, as well as sponsoring special events including wine tastings and more, this business has a proven track record of generating revenue and profitability. Equipment includes 16' hood, pizza oven, fryer, char-broiler, walk-in cooler, and much more.

General Information:
Organization: Corporation
Established: 2004
Current Owner: 2008
Employees: 12 FT 23 PT
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: $2,000,000
Annual Cash Flow:
Payroll: $40,500
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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