Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Price Reduced Turn Key Seafood Grill In California South For Sale

California - South
Asking Price:
$75,650 (USD) Furniture / Fixtures included
Sales Revenue:
$250,938 (USD)
Cash Flow:
$56,671 (USD)

This restaurant offers Mexican seafood dishes in a warm, authentic atmosphere. Just a stone’s throw from a major Southern California university and student housing, it is highly visible from a major freeway, with easy access to its' immense parking lot. The location provides incredible visibility and exposure with its pristine, colorful light box sign and branded window menu.

In addition to seafood, the restaurant offers alcohol with their 41 beer and wine license in a large dining room to accommodate all guests. The space is immaculate with ocean themed decor, new rustic wood walls, floors and fresh paint. The kitchen is well equipped with an 8 ft hood and virtually all new kitchen equipment. Everything is made from scratch; the restaurant boasts a 4+ star rating across Yelp and Google, and recently added karaoke. They have done a fantastic job giving the space a face lift, and are building repeat clientele by word of mouth.

This restaurant was acquired by the owners through sheer chance; they have other businesses (non-food) that they are neglecting, and need to focus on those. A dedicated new owner operator will find plenty of ways to improve revenue. They have no website, and very few (and very un-engaged) followers between Facebook and Instagram. In addition, they haven’t yet tapped into the catering market, with some attention and effort, could easily provide additional revenues. They close early on Saturday nights; extend the hours for weekend customers and special events! Save your money on a build out and invest in marketing; add a website, leverage social media and engage your customers.

The owner has done a great job ramping up the restaurant; pick up where they left off or bring your own concept to this location. The space is immaculate with amazing exposure and extremely low rent; act now to take advantage of this opportunity!

Property information

Real Estate:

Lease

Lease Terms:

Expires 3/31/2023, (1) x 5yr option, 3% annual rent increase or in accordance with CPI, whichever is greater

Leasehold Rent:

$28,884 (USD) per annum

Location:

High Traffic Road, Close to Major Freeway, Stones throw from a Southern California University

Premises Details:

Profitable & Low rent!
41 License
All large kitchen equipment virtually new-1 year old
Restaurant very clean, fresh paint and extremely organized

Size in square feet:
1,100

Business Operation

Reasons for selling:

Owner focusing on other (non-food related) business

Employees:
2
Years established:
2012

Other Information

Support & training:

Owner Will Train

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD)

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to BottomLine Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here