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