Rest, 41, Help Run, Full Kitchen, High Vol & Net.

Price: $199,000

Location: Long Beach, CA

Industry: Restaurant and Food

Listing ID: 5379 JH

Listing Status: Reduced Price

Description

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.

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Monthly Rent: $7,200

Type of Location: Street Center

Square Footage: 1460

Relocatable: No

Summary

Reason For Sale:

Personal

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER