• Listing ID: 1232148
  • (Seller ref: 2480)

Real Property & Building In Long Beach For Sale


Location:
Category:
  • >
  • >
  • >
Type:

Asking price:
$1,100,000 (Furniture / Fixtures included)
Sales revenue:
$90,000
Cash flow:
$62,890
Years established:
1967, current business since 2005


Property

Property

1/3


Nice “L” shaped parcel next to corner. in North Long Beach. Great ingress & egress from both major arteries. The building is occupied by a nightclub with a type 48 liquor license & has a full kitchen, 2 covered patios, surveillance system, stage for performers, performers’ dressing rooms, dance floor, enclosed VIP parking & garage & so much more.
Seller pays the property taxes & lot maintenance. This is A VERY HIGH TRAFFIC area close to the 91, 605 & 405 freeways.
This may not be the highest & best use of this property & the City of Long Beach is offering redevelopment incentives in this area.
Do not bother tenant. Walk through by appointment only.
Parcel is apx 23,086 sq. ft, building apx. 6000 sq. ft.
BUSINESS IS NOT FOR SALE, THE LAND & BUILDING ARE


Real Estate:
Real Property Included
Location:
GREAT l SHAPED PARCEL APX .53 ACRE with ingree & egress from both major streets. Building is apx 6000 sq. ft & sits about 300. DO NOT DISTURB TENANTS, Walk through by appointment with John Petsas only. This is in a redevelpoment area with great incentives to upgrade.
Premises details:
Hot location with monument sign, & street frontage. apx 6000 sq ft building, with apx , sq. ft of land at a remodeled area.
Size in square feet:
23,087

Expansion potential:
The city will welcome a new concept there or rebuild to a better use.
Planning consent:
all current entitlements are there.
Competition / Market:
none around. The existing night club may NOT be the highest & best use for this prime parcel.
Support & training:
NA
Reasons for selling:
Seller lives out of state & has other interests there
Trading hours:
up to tenant
Financing available:
Cash to mew loan, I was told to submit ALL reasonable offers- john Petsas
Related documents:

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell a section.


BusinessesForSale.com recommends
  • HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
  • 100s of strategies & techniques to help you find & buy the right business.
  • Buy a good business for a great price
  • Click here for more

  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted