Italian Restaurant with ABC 47 liquor license

Redondo Beach, CA
Los Angeles County

Italian Restaurant

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

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Restaurant with ABC 47 liquor license Broker: steve holzberg
License #: 00701006

Quick Facts

Asking Price: $495,000
Annual Revenue: $725,000
Net Profit: $180,000
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 7
BBN Listing #: 399130609
Broker Reference #: Not Disclosed

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Business Overview:

Are you a chef? Take a look at this one.
A quaint, intimate restaurant. Open dinner only, 7 days. Fine dining. Add lunch and watch your sales grow. It has a nice bar too.
ABC 47 license included. Established 40 years. Owner wants to retire.
Lease of 9 years and a 5 year option, rent only $3,700 + CAM.
OK to change the menu to whatever style you prefer.
Ask for Gil for the details or to schedule an inside showing.

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Property Features and Assets:

Approximately 1,700 square feet. Free standing building.

Reason for Selling:


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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