Bar/Restaurant West End Long Beach (#22674)
Asking Price: | $250,000 |
Gross Revenue: | $1,500,000 |
Established Year: | 2022 |
Cash Flow: | $300,000 |
Rent: | $21,000 |
Renovated Bar/Restaurant West End Long Beach
Overview
An exceptional opportunity to own a newly renovated bar and restaurant located on the highly sought-after West End of Long Beach. This establishment boasts both indoor and outdoor seating, catering to a vibrant clientele in one of the most popular blocks in the area. Priced competitively at $250,000, the seller—who is also the landlord—is seeking an experienced owner-operator to continue the success already established.
Business Benefits
Prime Location: Situated in one of the most desirable blocks in Long Beach's West End.
Newly Renovated Buildout: Modern facilities reduce the need for immediate capital expenditure.
Indoor and Outdoor Seating: Maximizes customer capacity and enhances dining experience.
Attractive Lease Terms: Long lease available with rent and taxes at $21,000 annually.
Direct Landlord Relationship: Seller is the landlord, offering the potential for favorable lease negotiations.
Established Success: Benefit from an existing successful operation with a loyal customer base.
Quick Acquisition Opportunity: Seller is looking for a swift deal, allowing for prompt ownership transfer.
Summary and Reason for Sale
This is a chance to acquire a thriving bar and restaurant in a prime Long Beach location with a modern, renovated space and strong customer following. The seller is motivated to make a quick deal due to involvement in other business interests. They are looking for a qualified and experienced operator to take over and continue the establishment's success. With favorable lease terms and a competitive price point, this opportunity is ideal for someone ready to step in and build upon an already successful
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FranchiseCash Required: $250,000