Business For Sale

Belmont Shore-long Beach Gastro Pub-rare Type 47

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$299,000 $1,020,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Belmont Shore-long Beach Gastro Pub-rare Type 47 Broker: Steve Zimmerman

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,020,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 787211533
Broker Reference #: 3075

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Business Overview:

Belmont Shore-long Beach Gastro Pub-rare Type 47 Abc License-prime Location-patio-$1,000,000 Sales

RRC#: 3075
Asking Price: $299,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $1,020,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 9866 plus cams

LISTING DESCRIPTION:
Exclusive Belmont Shore gastro pub and bar with full liquor, patio and prime street location. The lively pub has a rustic décor, high ceilings, lots of natural light with an open feel. Serving farm fresh bites and 50 craft beers. Seats 57 inside and 20 outside with attractive wood tables, chairs, bar stools and bench seating. Bar features 8 beers on tap, POS system, walk in cooler, 2 hoods, 4 door beverage cooler, wine cooler, 3 door fridge, 2 door freezer, single freezer, ice maker, 6 burner stove/oven, 4 burner stove top, 4 ft prep station, 4 ft. grill, refrigerated chef''s drawers, 3 compartment food warmer, 6 ft refrigerated prep station, 2 double fryers, microwave, robot coup, 2 toasters, salamander dishwasher, New ABC licenses are no longer being issued in this area so this is a great opportunity for one lucky buyer. Upstairs office and storage area. Back door deliveries and parking. 4.2 Stars on Trip Advisor and Yelp. ABSENTEE SELLER. THIS IS AN ASSET SALE. City does not allow new ABC type 47 licenses in Belmont Shore, so take advantage of this one!

GENERAL INFORMATION:
Organization: LLC | Year Established: 2011 | Employees: 29 | Seating: 54 | Square Footage: 2000 | Parking: Street | Licenses Required: ABC, Health Dept, Business License | Days Open/Hours: Mon-Fri 11:30-11pm Sat 9:30am-11pm, Sun 9:30am to close | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,020,000 |

LEASE INFORMATION:
Monthly Rent: 9866 plus cams | Lease Expiration: negotiating new 3 year | Lease Option: yes | Security Deposit: yes |

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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