Price: $199,000
Location: Long Beach, CA
Industry: Restaurant and Food
Listing ID: 5379 JH
Listing Status: Reduced Price
Charming oyster bar for sale, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. Comes with an active ABC license.
Monthly Avg gross: $70,000
Monthly rent: $7,200 including NNN
Store size: 1,460 sf
Open hours: 4pm-9pm
Employees: 2 ft, 9 pt.
Wage: $12,000/ Monthly Avg.
Down Payment: $199,000
Total Sales: $840,000
Cash Flow: $72,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: $4,000
Inventory Included: No
Year Established: 2010
Days & Hours of Operation: 7 Days Mon - Thurs 4pm -9pm / Fri - Sun 12pm to 10pm.
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 11
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $7,200
Type of Location: Street Center
Square Footage: 1460
Relocatable: No
Reason For Sale: Personal