Charming, well established, iconic breakfast restaurant for sale
*Image may not represent actual restaurant
Charming, well established, iconic breakfast restaurant for sale
Restaurant established in 1969, 25 years under current owner. Restaurant is the corner unit of a 9 unit apartment complex built in the late 1920's or early 1930's. Several apartment complexes near by.
Location
Country: | USA |
State or Province: | CA, AL |
City: | Long Beach |
Location Zip or Postal Code: | 90814 |
Listing Information
Service Type: | Sit-Down Table Service, Counter Service/Fast Casual |
Title of Listing: | Charming, well established, iconic breakfast restaurant for sale |
Year Established: | 1969 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 910, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | M-F 0800-1400 S-S 0800-1500 |
Reason for Selling: | Owner retiring after 25 years |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Financial Details
Asking Price: | $275,000.00 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 3 refrigeration units, gas grill, and gas oven installed 1.3 years ago |
Lease Term Remaining: | 8 years |
Total Monthly Rent: | $2,400.00 |
Financial Comments (include any Financing information that may be useful): | Owner will provide all necessary financial documents |
Contact Listing Owner
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