Business For Sale

Hermosa Beach Area Restaurant w/Beer & Wine!

Hermosa Beach, CA
Los Angeles County


Asking Price: Annual Revenue:
$250,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Hermosa Beach Area Restaurant w/Beer & Wine! Broker: Ryan Clark

Quick Facts

Asking Price: $250,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 12
BBN Listing #: 49574929
Broker Reference #: SofiaMB

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Business Overview:

This Hermosa Beach area restaurant boasts those attributes that area restauranteurs desire most. A high visibility location with excellent street visibility, proximity to the beach with a beach and water view, a beer and wine license, a large walk-in cooler and freezer, ADA compliant rest rooms, a spacious wine storage room and a sizeable kitchen. The facility’s oversize hood accommodates a two bucket deep fryer, a grill, a griddle, an 8 burner stove and additional specialty cooking broiler and ovens.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 1,650 square foot facility will lease for an estimated $9,500 per month on what will be a new lease with options to be determined based on the buyer’s qualifications. All of the business’s furniture, fixtures, equipment and beer and wine license will be included in the sale. The name and menu will not be included though a buyer may replicate the concept if they so desire – however financials will not be included.

Market Competition and Expansion:

The entire South Bay is a hub for a wide variety of food and hospitality concepts due to local resident’s high discretionary incomes as well as that of its thriving tourist community. Competition exists on all levels as a result. This venue’s fantastic location with street parking and nearby parking structures, walk traffic and high visibility location provide it a substantial advantage over others. New operators can capitalize on this venue’s stellar location, beer and wine entitlements and versatile layout to launch any number of potential concepts that may thrive.

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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Disclaimer:

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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