Well Established LA County Seafood Restaurant

Not Disclosed, CA
Los Angeles County

Located in an upscale Northern LA County community


Asking Price: Annual Revenue:
$175,000 $604,205

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established LA County Seafood Restaurant Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $175,000
Annual Revenue: $604,205
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 9
BBN Listing #: 174111533
Broker Reference #: 4337

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Business Overview:

Well Established LA County Seafood Restaurant with Wet Fish Counter Offering So Much Opportunity

RRC#: 4337
Asking Price: $175,000
Location: Northern Los Angeles County
Annual Revenue: $604,205
Annual Cash Flow: Contact for Info
Monthly Rent: $4,900 including NNN
Expiration: 2029 plus 3 year lease option

Listing Description:
Whether you’re looking for quality Sea Bass, Halibut, Salmon or Snapper for lunch or dinner, this combination of wet fish sales counter and sit-down restaurant is ripe for development and opportunity. Located in an upscale Northern LA County community, corner spot, on a major thoroughfare with patio seating and great curb appeal. Currently 85% of the business is seated and only 15% fish ‘off sales’ offering charbroiled fresh fish entrees, fish sandwiches and salads. Like most restaurants during the major 2020 pandemic, this business also suffered. The financials shown are from 2021.

In the same ownership for 10+ years but illness forces this sale as owner is physically no longer able to run the business, relying on long term employees to manage the day to day. Hours of operation are 10.30am – 8.00pm Tuesday – Saturday.

Fully equipped kitchen which includes but is not limited to; Two walk-in’s, 10’ type 1 extraction hood with fire suppression system, Broiler, flattop, 2 deep fryers, ovens, refrigerated worktops, separate dishwash area and further outside storage. The Fish kitchen has ample s/s prep work surface, under-counter fridges and a 8’ iced & lit fish display counter. There are easy changes to make more room and increase the already respectable sales revenues.

To receive further information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker, Keith Simpson’s direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Year Established: 2003
Employees: 9
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $50,350
Monthly Cash Flow: Contact for Info
Annual Revenue: $604,205
Annual Cash Flow: Contact for Info
Annual Payroll: $185,225

Facilities:
Square Feet: 1,750 Indoors +500 Patio
Seating: 35 Indoors 20 Patio
Parking: 25 Vehicle Parking lot and street
Days/Hours of Operation: 10.30am-8.00pm Tuesday-Saturday. Close Sunday and Monday

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 1,750 Indoors +500 Patio; Seating: 35 Indoors 20 Patio; Parking: 25 Vehicle Parking lot and street.

Reason for Selling:

Retirement

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.

Relevant Links:

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