Restaurant – Help Run- Full Kitchen- High Volume & Net – Type 41 ABC

Price: $198,000

Location: Los Angeles County, CA

Industry: Restaurant and Food

Listing ID: 01985379JH

Listing Status: Reduced Price

Description

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.

LISTING DETAILS

Down Payment: $198,000

Total Sales: $840,000

Cash Flow: $120,000

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 - Thur: 4pm to 9 pm) / (Fri - Sun: 12pm to 10 pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 12

Absentee Owner: No

Lease Option: 5 Years Option

Location

Real Estate: N/A

Monthly Rent: $7,400

Type of Location: Street Center

Square Footage: 1460

Summary

Reason For Sale:

Personal

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