Sq Ft
2,500 + 1,000 Patio
Type
Restaurants For Sale
Monthly Revenue
$180,000
Monthly Cash Flow
$20,833
Annual Revenue
$1,400,000
Annual Cash Flow
Contact For Info
Rent
$8,400 Inc NNN & CAM

Prime Restaurant Opportunity Near the Beach

This established restaurant, operating successfully for 25 years, offers a fantastic chance to own a popular dining spot just two blocks from the beach. Spanning 2,500 sq ft with an additional 1,000 sq ft outdoor patio, this venue features:

  • Seating Capacity: 75 indoors and 40 on the patio, perfect for family gatherings and date nights.
  • Annual Revenues: Over $1.4 million, with a robust “To Go” and delivery business.
  • Customer Experience: Renowned for authentic cuisine and excellent customer service, with recent rave reviews highlighting speedy service and a cozy atmosphere.
  • Licensing: Includes ABC Type 41 beer and wine license.

Additional Details:

  • Monthly Rent: $8,400, which covers NNN and CAM charges.
  • Lease Terms: 3 years remaining with two 5-year renewal options.
  • Parking: Ample parking available in the back lot, with a prime location just steps from the beach.

This restaurant combines a great location, ample space, a full kitchen, and a stellar reputation.

To learn more about this opportunity, including the name and address of the business, full financial details, and a comprehensive list of equipment, please complete the ‘Non-Disclosure Agreement’ on our website. We’ll also provide the broker’s direct contact information for further discussion and insights into long-term SBA loan solutions.

 
 
 
 

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General Info

Organization
LLC
Established
1998
Current Owner
2022
Employees
13
Reason For Sale
Other Interests

Facilities

Seating
75 Indoors + 40 Patio
Square Feet
2,500 + 1,000 Patio
Parking
100+
Licenses
ABC Type 41 Transfer, Business & Health
Open Hours
11.30am - 9.00pm Daily

Lease

Rent
$8,400 Inc NNN & CAM
Expiration
2027
Yearly Increase
Contact For Info
Option
Two 5 year Lease Options
Deposit
$11,886

Financials

Monthly Revenue
$180,000
Monthly Cash Flow
$20,833
Annual Revenue
$1,400,000
Annual Cash Flow
Contact For Info
Payroll
Contact For Info

Financing

Down Payment
Contact For Info
Note Balance
Contact For Info
Terms of Note
Contact For Info
All Cash
Contact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location

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