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Welcome to the GlobalBX Directory. This is a just small sample of our Restaurants and Fast Food (Non-Franchise) listings from our 46,138 businesses for sale. If you are looking to buy a business or sell a business, we can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, research a franchise opportunity, get a commercial loan, or find a business broker. Click Here to access our full site.

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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Established Beach Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2011
Number of Employees  6 - 9
Inventory  15000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Other business ventures

Description  
This Hermosa Beach Area restaurant with great street visibility may be the ideal opportunity for someone seeking to implement their own concept in a highly visible location. The business is located very close to the beach and thrives from the weekend bar-hoppers seeking for a late night meal. The restaurant has seating for approximately 30 persons and includes a full kitchen and versatile dining room that could suit any number of concepts. There is plenty of parking available in the nearby lots, structures and street. Asking Price $99,000. This 1,200 square foot facility rents for $5,700 per month (including CAM) on a lease with 2 years remaining and a 5 year option. The sale includes the furniture, fixtures, equipment however the name, menu and website are not included, though they may be offered on a licensing arrangement. The restaurant does not have a beer and wine license as a new bathroom would need to be added to be eligible for one, but then the operating hours would likely need to be reduced during the highly profitable late night period. Competition is considered to be medium as other restaurants exist in the area, however this location has a significant advantage due to its main street exposure and location at a busy beachside intersection with heavy foot traffic and thousands of vehicles passing by daily. This business has significant room to grow. A new owner may expand operating hours to capture early morning and lunch crowds, as well as offering delivery and catering.


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