Belmont Shore Bar & Grill – Prime Location

Employees

8

Real Estate

Lease

Leasehold Rent

$130,051 per annum

Premises Details

This 2,900 square foot venue, with an outdoor patio is ideally located with stellar street visibility and foot traffic, leases for $11,680 per month including triple net expenses on a lease until April 2029 with one 5-year option. All of the business’s furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. An estimated $5-50k in inventory will be sold at cost at close.

Support & Training

Seller will train for 2 weeks at 20 hours per week or as negotiated

Expansion Potential

New operators will look to maintain the existing concept, or they may capitalize on the operator friendly layout, spacious kitchen, beer tap infrastructure and entertainment entitlements, to rebrand as a new location for an existing chain or to implement an entirely new concept.

Size In Square Feet

2,900

Competition / Market

This gastropub with Karaoke is located in the heart of one of Long Beach’s bustling culinary scenes. While many area eateries showcase cuisines with ethic flares, this one has mastered the tried-and-true classic customer favorites that are perfect to accompany liquor, beer and wine enthusiasts as well as mixology afficionados. Given the space’s street visibility, outdoor patio, convenient access, flexible layout, spacious kitchen with a walk-in cooler, and new ultra-modern beer tap system this opportunity provides its operator several sustainable competitive advantages.

Inventory / Stock Value

$5,000

Reason for Selling

Personal