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Culver City / Marina Area Restaurant w/Wine & Built in Traffi

California, Marina del Rey
Asking Price $145,000.00
Gross Income $464,751.00
Cash Flow $464,751.00
Furniture, Fixtures & Equipment (FF&E)
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type

  • Brew Pub
This Culver City / Marina del Rey Area restaurant is a fine dining as well as a casual breakfast, lunch and dessert venue. The business boasts beer, wine, a nice patio, built-in traffic, as well as fantastic financials and stands to immediately benefit from new adjacent development. The business is part of a small non-cumbersome franchise, so training and franchise rights are included in the sale. What s more, between the venue s high traffic location and franchise recognition, there is limited need for additional advertising to maintain the very stable current level of sales, however many opportunities exist to increase business. This business is priced for immediate sale will not be on the market for long!
Business Details
Location and Facilities: This well-appointed 1,400 square foot location is ideally located in a very busy mall. It rents for $8,500 per month including water, common area maintenance expenses, and onsite advertising on a lease that is valid until 2019 with one 5-year option. The sale includes all of the business s furniture, fixtures, equipment, beer and wine license, as well as its lease and franchise rights.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: This opportunity is poised for immediate growth due to new adjacent development that is projected to increase foot traffic from a favorable client demographic to this venue by as much as 20%, as well as several other favorable initiatives that are already underway. In addition to working at the venue to replace staffers (the owner shops and oversees the operation but is not a cook or waiter), new owners may seek to capitalize on the business beer and wine license to promote evening sales (which only accounts for 1/3 of the total) by hosting wine tasting. Competition: The business is in a high volume mall so onsite competition does exists, however there are no direct competitors with similar concepts or with the type of sophisticated fine dining atmosphere, wine selection or patio that this restaurant offers. This venue averages a $25 per person ticket, and its typical glass of wine sells for nearly $10, so it is no food court venue!

Reasons for Selling: Personal


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