Redondo Beach Pier Profitable

Redondo Beach, CA (Los Angeles County)

Redondo Beach Pier Profitable
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Asking Price: $295,000

Cash Flow: $125,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Redondo Beach Pier Profitable

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Business Description

Waterfront Pizzeria including all signage and marketing material.
Size of premises
1150 square feet
Size of Patio
No patio but an area exists out front for table and chairs on the pier
Current rent and nnn expense
$1945/mo and $900.00 nnn every three (3) months.
Length of lease and options to renew
3 ½ years with continuous five (5) year renewal options
Licenses and permits to operate including the ABC license with any operating restrictions
Current health and business permits, no ABC license and current liability and workers comp.
Annual gross sales & net profits since opening.
$300K net revenue of which $125K profit cash flow.
Selling Price: $295,000

Detailed Information

Facilities:
Waterfront Pizzeria including all signage and marketing material. Size of premises 1150 square feet Size of Patio No patio but an area exists out front for table and chairs on the pier Current rent and nnn expense $1945/mo and $900.00 nnn every three (3) months. Length of lease and options to renew 3 ½ years with continuous five (5) year renewal options Licenses and permits to operate including the ABC license with any operating restrictions Current health and business permits, no ABC license and current liability and workers comp. Annual gross sales & net profits since opening. $300K net revenue of which $125K profit cash flow. Selling Price: $295,000
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(from currently available funds)
 
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Ira Spilky

Business Listed By:
Ira Spilky

Ira Spilky & Associates

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