Business For Sale

Manhattan Beach Area Bar & Restaurant w/Liquor!

Manhattan Beach, CA
Los Angeles County


Asking Price: Annual Revenue:
$450,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Manhattan Beach Area Bar & Restaurant w/Liquor! Broker: Ryan Clark

Quick Facts

Asking Price: $450,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 93724929
Broker Reference #: ManPier

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Business Overview:

This Manhattan Beach Area bar and restaurant boasts one of the most attractive locations in the prime South Bay beachside communities. The facility has an extensive tap beer system with a walk in cooler and a separate walk in tap cooler, a more than suitable kitchen and an extraordinarily clean and well maintained front and back of the house setup. The venue’s spacious bar and versatile open layout lend themselves to any number of concepts that may thrive in this sought after location.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 4,000 square foot facility (approximately) with an adjacent parking lot and outdoor patio leases for $15,225 per month on a lease until June 2014 with 2 five year options. The enterprise’s name, concept, menu, associated goodwill and financials will not be included in the sale. All of its furniture, fixtures, equipment and Type 47 Liquor License will be included.

Market Competition and Expansion:

As the business is located in a highly popular beachside South Bay community, competition naturally exists. This venue, however, maintains a significant competitive advantage due to its stellar street front visibility and its coveted onsite parking lot. New operators may convert this versatile location to any number of concepts that it may support. Given the venue’s prominent location in a competitive marketplace, it could be a fantastic flagship location for an entirely new concept or an additional outlet for an existing chain whose offering can capitalize on the communities demographic.

Reason for Selling:

Personal

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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