Turnkey Restaurant - Upscale, By Beach, High Foot Traffic, Low Rent

Los Angeles County, CA

Turnkey Restaurant  - Upscale, By Beach, High Foot Traffic, Low Rent
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Asking Price: $249,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,500 /Month

Established: N/A

Turnkey Restaurant - Upscale, By Beach, High Foot Traffic, Low Rent

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Business Description

Can Convert to Any Cuisine or Wine Bar! $4,500 Rent! 54 Seats!

This turnkey restaurant asset sale is a great opportunity for a buyer to take over a fully remodeled restaurant with an upscale look suitable for a variety of concepts. Walking distance from the beach in a high income area and lots of foot traffic! Surprisingly below market rent for the area at only $4,500/month total. 1,100 sq ft plus patio! Smart design allows seating for 42 inside and 12 in patio! Perfect for a variety of cuisines or wine bar type concept! Well equipped and also includes walk-in cooler and freezer! Well trained employees!
Act quickly, won't last!

Detailed Information

Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
14
Facilities:
Walking distance from the beach. Prime destination for dining and entertainment - plenty of foot traffic! approximately 1,100 sq ft + Patio Rent is only $4,500 per month (well below other restaurants in the area!) Smart design allows seating well beyond a typical restaurant of this size....42 inside + 12 on patio.
Competition:
Restaurant business is competitive with variety of competitors in every city. Buyer is advised to conduct their own research on all aspects of the business including market and competition.
Support & Training:
Seller can provide adequate training/support to help ensure a smooth transition to buyer.
Reason for Selling:
Other ventures
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Contact the Seller

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Vinil Ramchandran

Business Listed By:
Vinil Ramchandran

Dream Commercial

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. 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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