Business For Sale

Great Cash Flow Of $5,500/month!

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$155,000 $461,595

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Great Cash Flow Of $5,500/month! Broker: Steve Zimmerman

Quick Facts

Asking Price: $155,000
Annual Revenue: $461,595
Net Profit: Not Disclosed
Cash Flow: $69,048
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 443211533
Broker Reference #: 2994

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Business Overview:

Great Cash Flow Of $5,500/month! Easy To Run In High Income Part Of Long Beach

RRC#: 2994
Asking Price: $155,000
Location: Los Angeles County, Los Angeles County, California
Yearly Revenue: $461,595
Yearly Cash Flow: $69,048
Monthly Rent: $2,584

Turn Key opportunity to own a cozy but well-established Long Beach restaurant in a desirable, premium shopping center with existing clientele. Eclectic menu of various Latin delicacies (not Mexican food). This restaurant offers Dine in, Take out and Catering, and is located on a major street with high traffic flow & over 100 parking spaces. Modern, near new state of the art kitchen and furnishings. This business has shown a steady increase in growth from opening to date.Employees are very skilled including a lead chef who will stay with the restaurant. The business has good name recognition in the area due to professional social media campaign, website, and Instagram account. There is very low employee turnover. The local economy is driven by this high income area where diners are willing to spend extra $$ for a fun and delicious dining experience. This along with the Bistro’s outstanding reputation is why the many loyal customers keep coming back. Clientele can enjoy both inside and outside seating. This restaurant has notoriety for it''s signature dishes and authentic upscale cuisine. Ample Parking, Great reputation and a strong Yelp presence. Sale includes ABC type 41 beer and wine license. The following equipment includes: 10'' and 12'' type 1 hoods with fire suppression systems,, 1 Freezer 2 Doors, 1 Refrigerator 2 Doors, 1 Sandwich cooler 60", Ice o matic (Ice machine) 192 pounds, Dishwasher machine L-1X16 CMA, Three compartment sink, Prep sink, Mixer HOBART 20 pounds, 2 Insulated food warmers APW Wyott, 1 soup warmer NEMCO, 1 Blender VITAMIX, 1 Stove + oven *6 points, 48" IMPERIAL, 1 Griddle IMPERIAL 48",,1 salamander WOLF 48", 2 Fryers DEAN, gas. 42 Gallons, 1 Microwave, 1 Empanada maker Machine, 1 bread slicer manual, 1 grease trap (under counter) 36x24x24, Fire system + sprinkles, 1 Fire extinguisher for fire system, 2 Manual fire extinguishers, 1 hand sink, Rack storage, Shelves storage, Water heater and Stainless steal work tables, etc.

Organization: Corporation | Year Established: 2014 | Current Owner: 2013 | Employees: 5 | Seating: 40 | Square Footage: 858 | Parking: 100+ | Licenses Required: ABC 41 (beer/wine), Business, Health lic | Days Open/Hours: 7 Days 11 AM - 9 PM | Reason For Sale: Other Interests |

Yearly Revenues: $461,595 | Yearly Cash Flow: $69,048 |

Monthly Rent: $2,584 | Lease Expiration: April 30, 2019 | Yearly Adjustment: None | Lease Option: 5 years | Security Deposit: 2,400 |

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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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