Restaurant with Beer and Wine was acquired by Restaurateur

Transaction Description

Location! Location! Location!

This restaurant is a free-standing building located on the corner of a busy street in one of the nicest communities of Long Beach, South Los Angeles County. 1700 sq ft inside space along with 500 sq ft outdoor patio, gives a great space for a dine-in restaurant. Very popular in the community.

It has a full kitchen with a hood and grease trap. Beer and Wine license.

Currently, 6 full-time and 3 part-time employees work in the business and their monthly payroll is about $16,000.

The current owner has been an absentee owner and is retiring.

This is an asset sale priced very reasonably for a fast sale. No financials will be provided.
List Price: $145,000