restaurant and cocktail bar. ABC 47 included.

Santa Monica, CA
Los Angeles County

On the Main street


Asking Price: Annual Revenue:
$425,000 $1,501,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: restaurant and cocktail bar. ABC 47 included. Broker: steve holzberg
License #: 00701006

Quick Facts

Asking Price: $425,000
Annual Revenue: $1,501,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 142630609
Broker Reference #: Not Disclosed

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Business Overview:

A great, long established restaurant with a terrific bar too.
Lunch, dinner and a full bar with cocktails. ABC 47 and 58 licenses are included.
Huge sales volume.

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Property Features and Assets:

Approximately 5,000 square feet and a private parking lot. Restaurant seats over 150. On the busiest street in the City.

Market Competition and Expansion:

A younger operator can do much better. This owner is older as is looking forward to retire.

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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