Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#724
Los Angeles - Hollywood - DTLA

Rare Drive-Thru Restaurant in Long Beach Area

$45,000
Sold
Rare Drive-Thru Restaurant in Long Beach Area
This Listing is Sold
This Authentic Mexican Restaurant with a Drive Thru and Beer and Wine License is located on a busy street in a redevelopment section of Long Beach. The restaurant has a nice, casual environment which draws in the locals. There is 1488 square feet inside with seating for 40 and a private parking lot with a Drive Thru for convenience. The base rent is $5000 per month and the lease has 7 years remaining with a 10 year option. The seller reports gross monthly sales to be between $18000-$20000 and this is an fixed asset sale. The FF&E's includes a 12'hood and a 6' hood, deep fryer, grease trap, grill, walk-in refrigerator, freezer, steam table, sandwich prep 2-door refrigerator, a 4-burner stove and a large burner stove. Recipes and Trade name not included. The owner has other restaurants and doesn't have time to be on-site on a daily basis and he is looking to scale down and retire. Great opportunity for an owner/ operator to run the business. This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Los Angeles - Hollywood - DTLA
Lease Term:
7 yrs remaining + 10 year option)
Total Monthly Rent:
$5,000
Security Deposit:
$5,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
1
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
1488

Highlights

  • Rare Drive-Thru Restaurant with Beer and Wine License
  • Located on a busy street
  • There is 1488 square feet inside and seating for 40
  • A private parking lot
  • Rent is $5000 per month, with 7 years remaining on the lease and a 10 year option.
  • Equipment includes the following:
  • deep fryer, grill, walk-in refrigerator, freezer,
  • steam table, sandwich prep 2-door refrigerator,
  • a 4-burner stove and a large burner stove.
  • The owner is looking to scale down.
  • Great opportunity for an owner/ operator to run the business.

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 95,774 267,415 725,048
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 26,056 74,814 203,390
2010 Persons Per Household 3.56 3.50 3.49
Median House Value $282,000 $322,409 $335,725
Income Per Household $44,070 $53,453 $56,253
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 717 3,909 10,448
2012 Number Of Employees 21,972 122,454 387,472
2012 Total Annual Payroll $480,264,000 $2,800,587,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

Other Listings in the Area
  • DTLA RESTAURANT Located on Street Corner of Major Intersection
    #5251
    DTLA RESTAURANT Located on Street Corner of Major Intersection
    Lease:  
    2/28/2021 + 5 Yr Option
    Monthly Rent:  
    $8,111
    Square Feet:  
    1,657
    Facebook Twitter Google+ Email
    Available
    $120,000
  • Beverly Hills High End European Caffe
    #5290
    Beverly Hills High End European Caffe
    Lease:  
    Dec 31,2022 + 3 yr option(pesonal to current Lessee)
    Monthly Rent:  
    $7,600
    Square Feet:  
    687
    Facebook Twitter Google+ Email
    Available
    $250,000
    Down Payment
  • PROFITABLE Long Time Donut Shop on BUSY STREET - Low Rent
    #5291
    PROFITABLE Long Time Donut Shop on BUSY STREET - Low Rent
    Lease:  
    Dec 2022
    Monthly Rent:  
    $3,000
    Square Feet:  
    975
    Facebook Twitter Google+ Email
    Available
    $125,000
  • Mediterranean Restaurant with PARKING on Busy Street
    #5301
    Mediterranean Restaurant with PARKING on Busy Street
    Lease:  
    July 31, 2023 + 5 yr option
    Monthly Rent:  
    $5,202
    Square Feet:  
    1,113
    Facebook Twitter Google+ Email
    Available
    $135,000
  • QSR Facility W/Low Rent - Low Start-up Costs
    #5330
    QSR Facility W/Low Rent - Low Start-up Costs
    Lease:  
    New Lease
    Monthly Rent:  
    $2,500
    Square Feet:  
    1,500
    Facebook Twitter Google+ Email
    Available
    $20,000
    Down Payment
  • Brazilian Concept Pizza restaurant just turn Kosher for sale in Los An
    #5363
    Brazilian Concept Pizza restaurant just turn Kosher for sale in Los An
    Square Feet:  
    1,500
    Facebook Twitter Google+ Email
    Available
    $280,000
  • Mastro
    #5300
    Mastro's Style Steakhouse w/Big Bar & Type 47 & Entertainment
    Lease:  
    New Lease with at least a total of 10 years
    Monthly Rent:  
    $13,000
    Square Feet:  
    9,600
    Facebook Twitter Google+ Email
    Available
    $150,000
  • Profitable - SBA Loan - Long History - Culver City - Prime Location
    #5422
    Profitable - SBA Loan - Long History - Culver City - Prime Location
    Lease:  
    New Lease to Be Issued with similar terms
    Annual Revenues:  
    $759,000
    Annual Adj. Net:  
    $106,934
    Square Feet:  
    2,000
    Facebook Twitter Google+ Email
    Available
    $275,000
    Down Payment
  • Eagle Rock - High Traffic - Low Rent - Facility Sale
    #5430
    Eagle Rock - High Traffic - Low Rent - Facility Sale
    Lease:  
    August 31, 2023 + 5 yr option
    Monthly Rent:  
    $3,861
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $85,000
  • Great Restaurant with Very nice Concept - Eagle Rock Area
    #5431
    Great Restaurant with Very nice Concept - Eagle Rock Area
    Lease:  
    August 31, 2023 + 5 yr option
    Monthly Rent:  
    $3,861
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $135,000

Terms Of Use     © 2019 Powered by BBMT Inc.