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Established Neighborhood Restaurant with Full-Liquor License & Patio

Long Beach, California Food Services Est. 2020

About this business

This established Long Beach restaurant combines a welcoming gastropub atmosphere with a versatile 2,000 square-foot floor plan ideally suited for everyday dining, happy hour, weekend brunch, and private events. The venue features a full-liquor license, a covered outdoor patio, a 6-tap beer delivery system, and a walk-in cooler, all housed in a well-appointed space in a bustling, historic neighborhood dining corridor. Located in a vibrant, upscale area surrounded by popular restaurants, pubs, and breweries, the business benefits from its prime positioning as a recognized top-quality food and drink destination with a strong customer base. The restaurant was established in 2020 and presents meaningful growth opportunities under new management, with its flexible build-out and entitlements allowing operators to implement various concepts while capitalizing on the neighborhood's vitality and the location's established reputation. The business operates at a monthly rent of $7,900 and includes seller financing available, along with seller-provided training of 5 hours over 1 day or as negotiated.

Financial overview

Gross Revenue $1.4M
SDE Not disclosed
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple —
Revenue Multiple 0.20×
SDE Margin —
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Location

Long Beach, California

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Asking Price $275,000