Business For Sale

New Buildout Full Service Type 41 Restaurant

Redondo Beach, CA
Los Angeles County

Riviera Village area

Asking Price: Annual Revenue:
$690,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: New Buildout Full Service Type 41 Restaurant Broker: Tony Cordi
License #: 01783119

Quick Facts

Asking Price: $690,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 140054814
Broker Reference #: Not Disclosed

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Business Overview:

This beautiful full service restaurant located in the highly popular Riviera Village area of south Redondo Beach was completely re-built within the last few years. The equipment, fixtures and furnishings are new and state of the art. This 3,230 square feet space has a patio and currently a Type 41 ABC license. There is a nine year initial term on the lease with three five year options to extend. It would be easy to convert this restaurant for different concepts.
We will cooperate with qualifies agents and brokers.

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Property Features and Assets:

Brand new buildout in highly popular Riviera Village. All new fixtures, furnishings and equipment.

Market Competition and Expansion:

Popular south Redondo Beach location with many restaurants. Might be possible to add a Type 47 ABC license.

Reason for Selling:

Consolidating assets.

Additional Details:

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

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