Business For Sale

Long Beach Restaurant & Bar w/Dance, Patio

Long Beach, CA
Los Angeles County

Asking Price: Annual Revenue:
$650,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Long Beach Restaurant & Bar w/Dance, Patio Broker: Ryan Clark

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: $1,800,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 33
BBN Listing #: 79394929
Broker Reference #: LongFort

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Business Overview:

This popular Long Beach Restaurant with a bar, large outdoor patio, and dance / live entertainment entitlements that allows amplified music, boasts an extraordinary build-out and coveted location that truly set it apart. The spacious venue has a versatile layout that provides it unique character with a maximum amount of flexibility for special events or varied offerings. The venue showcases live entertainment five nights per week and serves authentic award winning cuisine.

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Property Features and Assets:

This 5,700 square foot restaurant plus unique 1,000 square foot patio with a dock that can accommodate a 50 foot vessel leases for $14,700 per month on a lease that expires in 2024 with 4-5 year options. All of the business's furniture, fixtures, equipment (with a few exceptions), Type 47 Liquor License and dance / entertainment permits will be included in the sale. Liquor will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition exists in the area, this venue’s astounding build-out with $1.8 million initially invested, its unique location, its 2 bars and its dance and live entertainment entitlements truly set it apart from other area venues and provide it a distinct long term competitive advantage. New operators may wish to continue to manage the business with its current concept that appeals to a varied audience, or they may prefer to capitalize on the unique location, versatile buildout with a large patio and its liquor, dance, live entertainment and amplified music entitlements to launch any number of food and entertainment driven concepts.

Reason for Selling:


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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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