Established Oyster Bar with ABC License in Long Beach, CA
Financial Details
- Asking Price:
- $199,000
- Annual Revenue:
- $840,000
- Cash Flow / SDE:
- $72,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.8x
- Location:
- Long Beach, CA, US
- Source:
- Date:
- October 13, 2025
Key Highlights
Description
This is a well-established oyster bar located in a vibrant beach community, situated on a popular restaurant row. The business boasts a charming ambiance, tasteful improvements, and an inviting front patio. It comes equipped with an active ABC license, making it a turnkey opportunity. The establishment generates an average monthly gross revenue of $70,000 and a healthy cash flow of $72,000. The lease includes NNN at $7,200 per month for the 1,460 sq ft space. Operations are currently from 4 pm to 9 pm, with extended hours on weekends. The business has been operating since 2010 and is staffed by 11 employees (2 full-time, 9 part-time). The owner is selling for personal reasons. This listing represents a significant opportunity for an entrepreneur looking to acquire a profitable food and beverage business in a desirable location.
Industry Information
- Industry Description:
- Restaurant and Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2010
- Employees:
- 11
- Reason for Selling:
- Personal Reasons
Real Estate & Lease
- Status:
- Not_included
- Monthly Rent:
- $7,200 USD
Assets & Inventory
- FF&E Value:
- $100,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $4,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Jonathan Hwang
- Company:
- VR Business Brokers
- Email:
- [email protected]
- Phone:
- (562) 402-2686
Listing Details
- Listing ID:
- 6086c92a-61f1-4ddd-bee8-9f812bcfd0d1
- Source Listing ID:
- 5379 JH
- Deal Status:
- For Sale
- Last Updated:
- October 13, 2025
- Currency:
- USD