Business For Sale

Full Liquor Restaurant in Prime Manhattan Beach

Manhattan Beach, CA
Los Angeles County

Prime downtown Manhattan Beach

Asking Price: Annual Revenue:
$329,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Liquor Restaurant in Prime Manhattan Beach Broker: Tony Cordi
Owner Financing is Available!
The amount of financing available will depend on a number of factors.

Quick Facts

Asking Price: $329,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 241854814
Broker Reference #: Not Disclosed

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Business Overview:

This 12 year old business is located in the very heart of prime downtown Manhattan Beach. Opportunities like this with a Type 47 license are extremely rare here. Steps to the pier and beach. Recently remodeled. Below market rent. High Yelp rating. Located next to some of the most successful restaurants in Los Angeles County with sales in some cases exceeding $2,000/sq ft/year. Lowest priced Type 47 here in several years.

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Property Features and Assets:

Great location on main drag in downtown Manhattan Beach. Tremendous foot traffic and high tourist visitor count.

Market Competition and Expansion:

Average tickets on this street for full service restaurants are over $60 and in some cases over $100. Revenues have the potential to hit $3 M with the right operator.

Reason for Selling:

Life balance

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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