Description

This Long Beach restaurant with a tremendous beer and wine offering, and sidewalk seating, is located in a prime location that boasts the type of excellent street front visibility that any restaurant brand desires. The venue has fulfilled a previously unmet market need in the area, creating its own niche and allowing it to develop a loyal following. The chef friendly kitchen is spacious, given the venue’s overall venue size, and has two hoods, with one covering a large griddle, food warmer and a two bucker deep fryer, but large enough to accommodate much more cooking equipment (half of the it not being used, as it is over a refrigerated salad prep table). The second hood is over a combination oven and six burner stove. There is a combination dishwasher and three bucket sink unit, as well as two and three door refrigerators and freezers.

This 1,800 square foot Restaurant will lease for $6,600 per month, including common area maintenance expenses, on a lease that expires in 2020. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. Approximately $5,000 in beer and wine inventory will be sold at cost.

As this venue is located in the most popular area of Long Beach, competition naturally exists. With that said, the current concept has created a niche that did not exist in the area prior. This has allowed it build a solid customer base and a loyal following.

As the establishment is successful, new operators may wish to continue to grow the current concept and brand, or they may prefer to capitalize on the ideal location, great main street visibility, and beer and wine license to launch their own concept.

Posted Apr 13, 2016

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.