Beverly Hills Restaurant for Sale - High Revenue & Growth Potential

Beverly Hills, CA

Seller Financing Available

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Cash Flow:$275,000
Inventory:$10,000
FF&E:$50,000
Gross Revenue:$1,250,000
Rent:$12,500/Month
Established Year:2012
BUSINESS DESCRIPTION

Turnkey Investment: Established Restaurant with High Annual Revenue

Discover a rare opportunity to own a thriving restaurant in the heart of Beverly Hills, featuring a perfect restaurant/cafe for breakfast, lunch, dinner, exclusive events, and late-night service. Priced at $$$, this turnkey establishment boasts a solid financial track record with 2023 gross revenue of $1,250,000 and a net profit of ~$275,000. The lease extends until 02/31/2027 with a total monthly rent of approximately $12,500. The restaurant spans 1,400 sqft, including an inviting outdoor patio, with a seating capacity of 45 indoor guests and 9 outdoor guests. The fully equipped commercial kitchen includes a hood system, ice machine, walk-in cooler, walk-in freezer, commercial dishwasher, oven, standing fridge, line frezers, and line cook station with fridge, etc... Assets include $60,000 worth of furniture, fixtures, and equipment, plus $10,000 in food and wine inventory, along with an active beer and wine license. Situated in a high-traffic area surrounded by upscale shops, and eateries, the location attracts a diverse and affluent clientele. Growth opportunities abound, from introducing catering services and expanding the menu to leveraging social media and PR campaigns for increased visibility. Live entertainment offerings can further differentiate the restaurant, attracting a wider audience. The current owner offers one month of part-time training to ensure a smooth transition. Financing options, such as SBA loans, may be available for qualified buyers. Also qualifies for E-Visas/EB5 Visa. Detailed financial records are ready to assist with due diligence and financing applications. This Beverly Hills restaurant, with its unique establishment, represents a premier investment opportunity in a vibrant dining market.


DETAILED INFORMATION
Location
Beverly Hills, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
28/02/2027
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This restaurant boasts a total space of ~1,400 sqft including an inviting outdoor patio. It features a fully equipped commercial kitchen with a hood system, ice machine, walk-in cooler, walk-in freezer, dishwasher, oven, and line cook station etc... The seating capacity 15 indoor tables for 45 guests and 4 outdoor tables for 9 guests. Additionally, the sale includes $50,000 worth of furniture, fixtures, and equipment, plus $10,000 in food and wine inventory. An active beer and wine license is also included, ensuring the new owner can continue serving.
Competition
The Beverly Hills restaurant market is highly competitive, characterized by a mix of upscale dining establishments, trendy eateries, and well-known chains. The area attracts a diverse clientele, including affluent locals, tourists, and business professionals, contributing to high foot traffic and steady demand for dining options. Key competitors include renowned fine dining spots, popular brunch cafes, and celebrity chef-owned restaurants.
Growth & Expansion
Implementing catering can boost revenue and brand exposure but requires logistics and investment. Social media ads offer targeted, cost-effective marketing with high engagement but need time and quality content. Hiring a PR agency can enhance credibility and reach but is costly and offers less control. Introducing live music can create an attractive atmosphere and increase sales but may incur additional costs and disrupt some diners. Balancing strategies can enhance visibility, customer base, and revenue.
Financing
Financing options may be available for qualified buyers
Support & Training
The current owner is committed to ensuring a smooth transition and will offer part-time training for one month. This support includes guidance on daily operations, management practices, and introductions to key suppliers and regular customers, providing a solid foundation for the new owner to continue the restaurant's success.
Reason for Selling
Retirement
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