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#658
Los Angeles Restaurants For Sale

Full Service Cafe with amazing Water View

$79,000
Sold
Full Service Cafe with amazing Water View
This Listing is Sold
This full service cafe is located in a shopping area over looking the harbor with amazing water views. It is part of the downtown district and close to the convention center in Long Beach. The Cafe has two great patios, one of which looks out over the harbor and downtown areas. The Cafe is 1049 sq. ft. inside, plus a front patio with seating for 20 and a back patio with seating for 15-20 and plenty of parking in a private lot. Rent is $3000 a month, plus $1792 for CAM per month. The lease has 3 years remaining, with a 5 year option. The Seller reports monthly sales at $20,000 per month. The cafe has a type 41 Beer and Wine License and like new equipment. The inside of the Cafe was completely re-done only two years ago. The owners have other full time careers and don't have the time to run the business on a day-to day basis. Perfect opportunity for an owner/operator looking for an incredible environment to own a business in beautiful Long Beach. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
3yr remaining + 5 yr option
Total Monthly Rent:
$3,000

Financials

Last Year's Annual Gross:
$281,770

Operations

Liquor License:
41
# of Full-Time Employees:
8
# of Part-Time Employees:
2
Hours Open:
6:30am-9:00pm daily
6:30am-11:00pm-Friday & Saturday
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
10
Outdoor Seating:
40
# of Parking Spots:
50
Inside Sq. Ft.:
1,049
Outside Sq. Ft.:
400

Highlights

  • Full Service Cafe with amazing Water View
  • In shopping area overlooking Harbor and downtown district
  • Two great patios with fantastic views
  • Cafe is 1049 sq. ft. inside, plus the two patios
  • Plenty of parking in a private lot
  • Rent is $3,000 per month, plus CAM is $1,792
  • Type 41 Beer and Wine License
  • Lease has 3 years left with a 5 year option
  • Close to the Long Beach Convention Center
  • Can convert to any concept.
  • 2006 Annual Gross $281,000.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,286 106,510 409,561
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,853 36,280 139,012
2010 Persons Per Household 1.93 2.64 2.78
Median House Value $274,300 $284,200 $400,122
Income Per Household $43,404 $37,937 $48,453
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,164 1,965 7,289
2012 Number Of Employees 72,118 95,690 264,970
2012 Total Annual Payroll $2,278,922,000 $2,821,488,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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