Turnkey restaurant for sale with a beer & wine license in Long Beach

Long Beach, CA
listing image
Asking Price:$150,000
Established Year:2023
ASSET SALES DESCRIPTION

Prime Location in Long Beach

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#1002
Area: Long Beach
Asking Price: $150,000
Rent: $5,665
NNN: $1,904.57
Yearly Increase: 3%
Security Deposit: $7,405.00
Lease expiration date: End 10/31/2027 + (2) 5 years option
Premises size: 1,421 sq ft
Seating Capacities: 50
Parking: Street parking
Liquor License: 41 (On-Sale Beer & Wine)
Reason for selling: Divestment

This turnkey restaurant in Long Beach offers a prime opportunity. With a type 41 beer & wine license included, the establishment is fully equipped with modern electric appliances and ADA-compliant restrooms. The location benefits from high foot traffic due to nearby attractions like the Long Beach Convention & Entertainment Center and several hotels. Additionally, the area is poised for growth with new developments ahead of the Los Angeles Olympics 2028. The lease terms are favorable, with options for extension, making it a secure long-term investment.


DETAILED INFORMATION
Location
Long Beach, CA
Facilities
A type 41 beer & wine license is included. ADA-compliant restrooms Only electric appliances can be used in the kitchen. No Gas.
Financing
Cash Only
Reason for Selling
Divestment
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