* Included in Asking Price
Long Beach Pine Ave Rest/bar With Full Liquor-patio $1.2m Annual Sales
Asking Price: $285,000
Location: Long Beach, Los Angeles County, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 15700 gross
Nestled in the heart of Long Beach''s downtown dining and entertainment area, with a full liquor license makes this restaurant the perfect choice for a busy restaurant or brewery/bar. The building, built in 1924, is filled with character, high ceilings and old world charm. Serving hip cocktails, craft beers, appetizers, burgers, salads, flat breads, steak/fish and happy hour specials. With 6500 sq. ft, plus patio, the restaurant seats 165 inside and 60 on the patio with separate bar area indoors, a private dining room for 30 people and large main dining area with bench seating the length of the room with attractive chandeliers and wall sconce lighting. The restaurant offers a 35 foot granite bar, with table seating in the bar, 12 TV''s, sound system, new POS system with 5 terminals, a 16 camera security system, private office and downstairs walk in beer cooler and storage. The bar features 5 jockey boxes, 2 triple sinks and 2 triple door under counter refrigeration units, separate bus and beverage stations. There are 2 ADA bathrooms with multiple stalls in each. Large kitchen features: 18 ft hood, 2 Imperial ranges with 6 burners each, double fryer, salamander, 4 ft Kebab grill, stacking double convection ovens, 2-6 ft. refrigerated prep stations double sided, large ice machine, large walk-in freezer, walk-in cooler, metro racks, s/s tables, employee lockers. Other furnishings include, cocktail tables, bar stools, dining tables/chairs, patio tables/chairs and patio heater. ABC TYPE 47 and 58 catering licenses. Lots of character inside/out.
Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Seating: 165 inside 60 patio | Square Footage: 6500 plus patio | Parking: street and parking lot next door | Licenses Required: City Business License, ABC, Health Dept. | Days Open/Hours: Mon-Thurs 5pm - 10pm, Fri/Sat 5pm-2am | Reason For Sale: Other Interests |
Yearly Revenues: $1,200,000 |
Monthly Rent: 15700 gross | Lease Expiration: 2020 | Lease Option: 2- 5 year options |
Seller Reference #2797
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.