Santa Monica Restaurant with Beer and Wine License for Sale
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Financial Details
- Asking Price:
- $300,000
- Annual Revenue:
- $2,495,000
- Cash Flow / SDE:
- $200,000
- Valuation Multiple:
- 1.5x
- Location:
- Santa Monica, CA, US
- Sources:
- Date:
- June 16, 2025
Key Highlights
- High gross sales of $2.49M in 2024.
- Includes FF&E valued at $30,000.
- New 10-year lease recently finalized.
Description
Successful Mediterranean restaurant in Santa Monica with a beer and wine license. The business has a strong customer base and generated $2.49M in gross sales in 2024. The sale includes FF&E valued at $30,000. Inventory of $5,000 is not included in the asking price. A new 10-year lease was recently finalized. The name and menu are not included in the sale, but a transferable SBA loan of $150K is available to qualified buyers.
Industry Information
- Industry Description:
- Restaurants
- Classification:
- Restaurants & Food
Listing Details
- Listing ID:
- e83b4ad2-ae93-4d67-b314-97bea9ef0601
- Deal Status:
- For Sale
- Date Posted:
- June 16, 2025
- Last Updated:
- June 16, 2025
- Currency:
- USD
Features & Tags
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