Italian restaurant & ABC 47 license

Redondo Beach, CA
Los Angeles County

South Bay


Asking Price: Annual Revenue:
$495,000 $725,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian restaurant & ABC 47 license Broker: steve holzberg
License #: 00701006

Quick Facts

Asking Price: $495,000
Annual Revenue: $725,000
Net Profit: $180,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 7
BBN Listing #: 731130609
Broker Reference #: Not Disclosed

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Business Overview:

A quaint intimate restaurant. Open dinner only, 7 days. Add lunch service to greatly increase your sales and profits.
ABC 47 license included.
Long established - 40 years. Seller looking forward to retiring.

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Property Features and Assets:

Approximately 1,700 square feet, fully equipped. Free standing building. Lease of 8 years and a 5 year option. Rent only $3,700.

Reason for Selling:

Retiring

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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