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Established Marina Del Rey Restaurant/bar

Los Angeles, California : Restaurants
Listing #2998

Established Marina Del Rey Restaurant/bar + Outdoor Seating $3.7+ Million Sales $444,000 Profit RRC#: 2998 Asking Price: $595,000 Location: Los Angeles, Los Angeles County, California Yearly Revenue: $3,722,316 Yearly Cash Flow: $444,480 Monthly Rent: 22,000 all inclusive LISTING DESCRIPTION: Vintage beach area restaurant and bar with full liquor loaded with old world charm and character. Situated near the water near famous beaches. Features multiple dining areas, plus 2 bars-1 inside/1 outside (total of 15 beers on tap). Additionally, there are 3 patios, two fully equipped kitchens, two dish washing areas and an additional beverage service station. The main bar features seating for 20 with a living room lounge area. Warm furnishings and eclectic décor throughout. With seating for 250, the dining areas feature inviting booths, tables, chairs, a fireplace, some bench seating and two semi- private dining alcoves with seating for 8 and 10 people. Patios boast bright umbrellas, a water fountain, brick fire pit and separate bar. There are 2 offices upstairs complete with 2 bathrooms, plus a large dry storage room, equaling 1000 sq ft. Includes Aloha POS system with 9 stations, security system with 16 cameras, sound system with speakers throughout, 15 TV’s, women’s ADA bathroom with 4 stalls-2 sinks, men’s restroom with 2 urinals plus one stall, and office equipment. One kitchen features a 10 ft hood, True 2 door fridge, dishwasher, Bev Air 3 door fridge, 2 Bev Air 6ft. refrigerated prep stations with under counter refrigeration, Bev Air 2 door under counter fridge, 24”grill, double fryer, 6 ft salamander, a 4 burner stove w/oven, a 6 burner stove w/oven, 36” char-broiler and large chip warmer. Additional kitchen offers, 10 ft. hood, walk-in fridge, walk-in freezer, Wells chip warmer, dishwasher, double kettle burner, 4ft salamander, 6 burner stove w/oven, 36” grill, 2 chef’s drawers, 8 ft. cold prep station, 5 ft. hot prep station, and microwave, etc. NO BROKER COOP. GENERAL INFORMATION: Organization: Corporation | Seating: 200+ Lots of outdoor seating | Square Footage: 7000 approx. | Parking: Parking lot and street | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 / Lunch & Dinner Daily Bar open to 2a daily | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $3,722,316 | Yearly Cash Flow: $444,480 | LEASE INFORMATION: Monthly Rent: 22,000 all inclusive | Lease Expiration: 5 years | Yearly Adjustment: Fixed increases | Lease Option: 5 years |

Asking Price:

$595,000

Gross Income:

$3,722,316

(last 12 months)
Cash Flow:

$444,480

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Established Marina Del Rey Restaurant/bar + Outdoor Seating $3.7+ Million Sales $444,000 Profit

RRC#: 2998
Asking Price: $595,000
Location: Los Angeles, Los Angeles County, California
Yearly Revenue: $3,722,316
Yearly Cash Flow: $444,480
Monthly Rent: 22,000 all inclusive

LISTING DESCRIPTION:
Vintage beach area restaurant and bar with full liquor loaded with old world charm and character. Situated near the water near famous beaches. Features multiple dining areas, plus 2 bars-1 inside/1 outside (total of 15 beers on tap). Additionally, there are 3 patios, two fully equipped kitchens, two dish washing areas and an additional beverage service station. The main bar features seating for 20 with a living room lounge area. Warm furnishings and eclectic décor throughout. With seating for 250, the dining areas feature inviting booths, tables, chairs, a fireplace, some bench seating and two semi- private dining alcoves with seating for 8 and 10 people. Patios boast bright umbrellas, a water fountain, brick fire pit and separate bar. There are 2 offices upstairs complete with 2 bathrooms, plus a large dry storage room, equaling 1000 sq ft. Includes Aloha POS system with 9 stations, security system with 16 cameras, sound system with speakers throughout, 15 TV’s, women’s ADA bathroom with 4 stalls-2 sinks, men’s restroom with 2 urinals plus one stall, and office equipment. One kitchen features a 10 ft hood, True 2 door fridge, dishwasher, Bev Air 3 door fridge, 2 Bev Air 6ft. refrigerated prep stations with under counter refrigeration, Bev Air 2 door under counter fridge, 24”grill, double fryer, 6 ft salamander, a 4 burner stove w/oven, a 6 burner stove w/oven, 36” char-broiler and large chip warmer. Additional kitchen offers, 10 ft. hood, walk-in fridge, walk-in freezer, Wells chip warmer, dishwasher, double kettle burner, 4ft salamander, 6 burner stove w/oven, 36” grill, 2 chef’s drawers, 8 ft. cold prep station, 5 ft. hot prep station, and microwave, etc. NO BROKER COOP.

GENERAL INFORMATION:
Organization: Corporation | Seating: 200+ Lots of outdoor seating | Square Footage: 7000 approx. | Parking: Parking lot and street | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 / Lunch & Dinner Daily Bar open to 2a daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $3,722,316 | Yearly Cash Flow: $444,480 |

LEASE INFORMATION:
Monthly Rent: 22,000 all inclusive | Lease Expiration: 5 years | Yearly Adjustment: Fixed increases | Lease Option: 5 years |


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