Waterfront Asian Restaurant w/ Full Sushi Bar & Full Liquor Bar

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,750,000

InventoryNot Disclosed

FF&ENot Disclosed

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Waterfront Asian Restaurant w/ Full Sushi Bar & Full Liquor Bar


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,750,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Waterfront Asian themed restaurant that is currently in full operation with full sushi bar and a WOK cook line and full grill cook line(huge kitchen), 2 fully built out bar areas, Type 47 full liquor license, live entertainment permit with dance floor area with a permitted late night closing on the weekends. Private waterfront space in addition to the 5,000 sq foot restaurant for parties and events up to 100 people. Huge potential with current concept or remodel to suit for new or different concept using existing active licenses and permits.
About the Business
Years in Operation
6
Number of Employees
30
Facilities & Assets
Fully operational full service restaurant with all the FF&E's. Located at the intersection of PCH and 2nd St, the busiest intersection in the city of Long Beach, ON THE WATER. Turn Key ready or remodel using existing buildout to rebrand.
Website
https://www.jade-restaurant.com/
Market Outlook / Competition
Business is located in East Long Beach, one of the most desired locations within the city.
Opportunities for Growth
Restaurant has the potential to be a $4m-$6m store within 2 years.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,500
Rent
$16,000.00 per month
Lease Expiration
12/18/2039
About the Sale
Seller Motivation
Great opportunity with huge upside potential for experienced operator.
Transition Support
Experienced local operator willing to train and/or support transition of new ownership for up to 90 days OR willing to entertain a limited partnership which allows for SBA loan programs.
Financing Options
Owner willing to carry a note on a complete buy or entertain a limited partner.
Listing Info
ID
2301278
Listing Views
1126

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Business Listed by: Rod Frontino

Listing ID: 2301278 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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