Established Rare 48 License, $1600 rent, Turn Key.

Asking Price$350,000

Cash Flow
$126,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$4,500
Not included in asking price
FF&E$89,000
Included in asking price
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Established Rare 48 License, $1600 rent, Turn Key.


Asking Price$350,000

Cash Flow
$126,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$4,500
Not included in asking price
FF&E$89,000
Included in asking price
Business Description
Established Bar & Tavern with Rare Type 48 License - Long Beach, CA

This fully licensed, turnkey bar and tavern offers an exceptional investment opportunity in Long Beach, featuring comprehensive licensing including the coveted Type 48 liquor license, entertainment permits, and outdoor patio authorization. With proven operational success and strong community support, this establishment delivers consistent financial performance.

Financial Overview:
- Annual Revenue: $360,000
- Seller's Discretionary Earnings: $126,000
- Demonstrating healthy profit margins and cash flow stability

Property & Lease Details:
- 1,000 square feet of well-designed space
- Exceptionally low rent at $1,500 per month
- Secure lease extending through May 1, 2030
- Prime Long Beach location in Los Angeles County

Business Assets:
- Furniture, Fixtures & Equipment valued at $89,000
- Current inventory valued at $4,500
- Outdoor patio enhancing customer capacity and appeal

Licensing & Operations:
- Rare Type 48 full liquor license
- Complete CUP (Conditional Use Permit)
- Entertainment license for enhanced revenue opportunities
- Outdoor patio permits maximizing seating options
- All necessary operational licenses in place

Key Strengths:
- Established customer base with strong community loyalty
- Turnkey operation requiring minimal transition time
- Thoughtfully designed decor and welcoming ambiance
- Multiple revenue streams through comprehensive licensing
- Outdoor patio providing year-round California appeal
- Exceptionally favorable lease terms enhancing profitability

This opportunity combines operational stability with growth potential, supported by comprehensive licensing that creates competitive advantages and multiple revenue opportunities in the thriving Long Beach market.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$1,500.00 per month
Lease Expiration
5/1/2030
Listing Info
ID
2381380
Listing Views
43

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Business Listed by: Chuckie Miller

Listing ID: 2381380 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.