West Coastal Los Angeles County BBQ Restaurant

Not Disclosed, CA
Los Angeles County

West Coastal Los Angeles


Asking Price: Annual Revenue:
$245,000 $1,040,092

Food & Beverage: Restaurants, Fast Food, Deli


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RE: West Coastal Los Angeles County BBQ Restaurant Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $245,000
Annual Revenue: $1,040,092
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 13
BBN Listing #: 53711533
Broker Reference #: 4353

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Business Overview:

West Coastal Los Angeles County BBQ Restaurant - $1+ Million Annual Revenues – Unique Location

RRC#: 4353
Asking Price: $245,000
Location: West Coastal Los Angeles
Annual Revenue: $1,040,092
Annual Cash Flow: Contact for Info
Monthly Rent: $8,000 - New Lease Negotiable

Listing Description:
Established in 1996 this busy BBQ, Quick Service style restaurant is a pure dream in simplicity. 540 square feet of free standing building with 2nd floor Deck and additional 1,000 square feet of storage housing hot/cold boxes, tables, food trays and disposable containers mainly for large Catering events. Located just 2 miles from the beach at a busy crossroads with excellent viability and curb appeal. Annual revenues exceed $1million these past 4 consecutive years with ‘To Go’ and ‘Delivery’ being a major component, while adding Catering would grow this business even further. Seller is also the landlord and has owned the business since 1996 but now wishes to retire after 26 years.

A new lease will be drawn with approximate monthly rent of $8,000 with no NNN. This is negotiable and Sellers expect a 5-year initial term lease with a 5-year option and a landlord Buyout clause.

The pandemic hit the Catering side of the business nationwide for a couple of years but now inquiries are returning with large future parties now being confirmed.

This business is capable of preparing food for 1,000 guests and has Equipment which includes but not limited to an 8ft x 4 ft charcoal BBQ, 2 mobile BBQ units with a further static BBQ unit, Montague 6 burner and flattop with double ovens, double basket deep fryer, large steam table, 3 x lowboys, double door upright fridge, two 12’x 8’ walk-in’s, 1 a fridge the other a freezer, 12ft counter with POS system, 40 seats inside and outdoors with parking for 14 vehicles. There is a 2018 fully fitted Catering van with only 10,000 miles sold separately by negotiation.
Sellers are willing to carry a long term note for a substantial portion of the sale but only for well qualified, experienced Buyers with good financials and many years of restaurant experience. This is an excellent opportunity for a first time Buyer looking to own their very own, simple to operate and high-volume BBQ restaurant and Catering operation. 14 experienced long-term employees run most of the day to day with opening hours between 10.30am – 8pm daily.

To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with annual sales revenue information & a comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Year Established: 1996
Employees: 13
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $86,674
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,040,092
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Facilities:
Square Feet: 540 QSR + 1,000 Deck and Storage
Seating: 6 Indoors + 25
Parking: 14 + Street
Days/Hours of Operation: 10.30am - 8.00pm Daily

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 540 QSR + 1,000 Deck and Storage; Seating: 6 Indoors + 25 Parking: 14 + Street.

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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