Description of the business for sale
Here is the neighborhood bar and restaurant that you have been looking for.
This Beautifully Appointed Sushi & Tapas Izakaya Bar was recently renovated and operated by employees. It is located on a busy road in prime area of Long Beach with plenty of parking.
The Restaurant Bar is 2600 sq ft with a Private Office. It has a 3 year new lease and 3 year option. The Rent is $3,900 + NNN per month. A 500 sqft suite is available for storage next to the restaurant space for $500/mo and also a small outside storage (18ft x 8ft) is available for $100/mo.
Woman's bathroom has with 2 toilets, Man's Bathroom has same, and both are qualified for ADA requirements.
This Restaurant and Bar Business has a Full Kitchen, a large stool Bar, 80 seating at booths and tables, a tap beer system, Flat Screen TV's, POS System and much more.
The Owner has invested more than $550K including $150K of FF&E in May 2010 and Aug 2010, and he is looking to retiring from the restaurant business. Therefore this Sale Price $230,000 is for a QUICK SALE.
*Sales are annualized based on 6 months receipts.
Support / Training provided by seller
Seller will provide training for 5 weeks at 10 hours per week
Description of the facilities
2600 sq ft and seats 80