West Beech St, Long Beach - So Much Opportunity - Make an Offer
This great ethnic cuisine restaurant for sale is available in Long Beach. This once in a lifetime opportunity to own a restaurant in the heart of Long Beach doesn't come around often. With current sales of $450,000, this restaurant for sale currently serves ethnic cuisine. You could keep the concept the same or be transformed into anything imaginable. Even though this restaurant is doing $450,000 a year in sales, this is a true asset sale, priced at $150,000. Please note, this is a turn-key operation, no major renovation is needed.
We Sell Restaurants is excited to show you this restaurant for sale. Long Beach is a very desirable area and restaurants don't come up for sale often. Take this opportunity to visit this turnkey establishment and picture your dream restaurant. The sellers are looking to for motivated buyers and that is why it is priced at $129,000.
This beautiful restaurant for sale is laid out over 1500 square feet. There are 40 seats available to accommodate both small intimate dinners and larger group parties. The best thing about this opportunity is there is a 10-year lease with a 5-year option. The rent is $6200 per month, which includes water, sewage, and taxes. The kitchen is laid out perfectly for a chef and his helpers. The kitchen is fully equipped with commercial grade equipment that will suffice all your needs. Sales are derived from in-house diners, catering, take out, GrubHub, Uber eats and Door Dash.
This restaurant for sale in Long Beach offers so much opportunity. You have your yearlong residents and the bonus of seasonal renters. The demographics for Long Beach are impressive, too. The median household income is $124,000 at an average age of 43. Long Beach is home to more than 170,000 residents. This is an amazing opportunity to create your dream with this restaurant for sale.
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- Listing#: 6965
- Price: $129000
- Location: Long Beach
- Location - Location - Location! This Restaurant for Sale is the real life example of the old adage
- $450,000 in Sales Last Year
- 10 year lease with Renewal Option
- Turn Key Ready - No Headaches from Build-Outs or Permits
- Unlimited Opportunity to Own a Long Beach Location
- Restaurant for Sale