Location: Los Angeles County, CA
Industry: Restaurant and Food
Listing ID: 01985379JH
Listing Status: Reduced Price
Listing ID - 01985379JH
For sale is a charming oyster bar, 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 Type 41 ABC license.
High Volume and Net - Monthly Avg gross: $70,000
Store size: 1,460 sf with Full Kitchen - Monthly rent: $7,400 including NNN - Lease terms: 2@5 yrs. options
Help Run (Part Time Owner)
Open hours: 4pm-9pm
Employees: 3 ft, 9 pt. - Wage: $15,000/ Monthly Avg.
Down Payment: $198,000
Total Sales: $840,000
Cash Flow: $120,000
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
Year Established: 2010
Days & Hours of Operation: 7 Days (Mon - Thur: 4pm to 9 pm) / (Fri - Sun: 12pm to 10 pm)
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: 5 Years Option
Real Estate: N/A
Monthly Rent: $7,400
Type of Location: Street Center
Square Footage: 1460
Reason For Sale: Personal