Restaurants & Food
Prime Oyster Bar in Vibrant Beach Community - Asset Sale with ABC License
Long Beach
$89,000
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Rare opportunity to acquire a charming oyster bar in the heart of a renowned beach community's bustling restaurant row, featuring an inviting front patio and tastefully improved interior. This asset sale includes an active ABC license, with potential for concept conversion subject to landlord approval. Monthly rent is $7,200 including NNN for the 1,460 sq. ft. premises open from 4:00 PM to 9:00 PM. OFFICE ID 5379 JH
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