Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Fast Casual Venice Restaurant With Beer And Wine For Sale

Venice Beach, California - South, US
Asking Price:
$50,000
Sales Revenue:
$633,328
Cash Flow:
$137,827

This Venice fast casual restaurant with sidewalk seating and onsite parking boasts a high visibility Lincoln Boulevard location with beer and wine. The venue has seating for approximately 16 persons inside and 6 on the sidewalk. The venue has an extraordinarily flexible format allows it to operate as a fast-casual venue, a take-out or delivery based one or even a retail conveniences store or hybrid location. The customer area includes several reach-in display coolers and dry goods retail shelving, dining area and two ADA approved rest rooms. The back of the house has a walk-in cooler with a display doors, a hood and a fully equipped kitchen.

This 1,085 square foot venue leases for $5,610 per month including common area maintenance expense (CAM) on a lease until June 2023. The venue is successful an its name, menu and concept may be included in the sale under a separate agreement, or more likely, the business’s brand specific furniture, fixtures and equipment will not be included in the sale.

Property Information

Real Estate:

Lease

Business Operation

Expansion Potential:

New operators may wish to maintain the existing successful concept under a separate agreement, or they may choose to implement any number of concepts in this versatile location. The venue’s flexible format is comparatively innovative, as is its brand.

Competition / Market:

This popular area of Venice hosts a variety of concepts. Together with its proximity to Abbot Kinney and the Marina and Main Street Santa Monica’s beachside areas, there is no shortage of competition, however, this premise offers an operator tremendous value when lease rates between these areas are compared. The location’s onsite parking lot, street front visibility, sidewalk seating and freeway access provide it a distinct advantage on several fronts over several competing venues.

Reasons for selling:

Personal

Employees:
6pt
Years established:
2014

Other Information

Support & training:

2 Weeks at 20 hrs/wk

Inventory / Stock value:
$5,000

Contact The Veld Group

Selling a business?

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