Business For Sale

Profitable restaurant in prime Hermosa Beach

Hermosa Beach, CA
Los Angeles County

Prime downtown Hermosa Beach

Asking Price: Annual Revenue:
$200,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable restaurant in prime Hermosa Beach Broker: Mike Bauman
License #: 01783119

Quick Facts

Asking Price: $200,000
Annual Revenue: Not Disclosed
Net Profit: $85,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 6
BBN Listing #: 244454814
Broker Reference #: Not Disclosed

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Business Overview:

Hermosa Beach is one of the most dynamic and visited beach cities in California. This restaurant opportunity has the least expensive rent in the prime downtown and pier areas. Located only one block to the beach with a beer and wine license (Type 41), there is nothing remotely like it with rent under $4,000/month. You have the opportunity to bring your own concept to Hermosa Beach or take over an existing business with a loyal customer base that has been there for 20+ years, where they serve all-day breakfast, lunch, and dinner until 11pm with a 50-seat capacity. They have dedicated parking spots and are close to several parking lots and parking structures. This location has the potential to generate over $1 million in annual gross revenues.

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Property Features and Assets:

Located just steps to the Hermosa Beach Pier and the beach. Rent is well below market.

Market Competition and Expansion:

Hermosa Beach has a remarkable dining scene and it continues to evolve from the predominant bar days of several years ago.

Reason for Selling:

Changing careers

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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