Deli Restaurant with Beer & Wine. Low rent.

Long Beach, CA
Los Angeles County

upscale area on a major street

Asking Price: Annual Revenue:
$210,000 $540,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Deli Restaurant with Beer & Wine. Low rent. Broker: stephen holzberg
License #: 00701006

Quick Facts

Asking Price: $210,000
Annual Revenue: $540,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 4
BBN Listing #: 10730609
Broker Reference #: Not Disclosed

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Business Overview:

A delicious restaurant. Operating as a Jewish style deli for many years, but you can change the menu to whatever style you like.
ABC 41 beer & wine license included. 13 beer on tap - maybe focus on the beers and design your restaurant around that.
Upscale area on a major city street. Low rent of $3,500/month + NNN of $500/month. 2 years plus two 5 year options.
Established for 30 years, 10 years with this owner. Grossing $45,000/month. Operating with 4 employees and 1 owner.
Open 6 days, 7 AM-10 PM. Great for catering too.
Come and take a look at this one. Showings on Mondays.

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Property Features and Assets:

Approximately 1,500 square feet. Plus an upstairs storage/office room. Seating for 40-50 inside plus 6 on the front patio. Fully equipped with everything you need featuring a large hood, fryer, ice maker, mixers, slicers, dishwasher, displays, grease trap, +++. You really need to see this one.

Market Competition and Expansion:

Very limited competition for this style.

Additional Details:

  • The property is leased.
  • The owner is 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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