Santa Monica Burger Joint

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May 28, 2012 by Shelli Margolin

New BizEx Business For Sale: Santa Monica Burger Joint

Shelli Margolin just launched a new listing: https://www.bizex.net/listing/518

Santa Monica Burger Joint Asking: $225,950 * Gross: $210,374 * Net: $8,249

Gourmet burger restaurant near Santa Monica College. Great location with parking! Keep the current surf burger theme or change the menu and decor to your dream restaurant. The permits are in place and the location is highly visible.

Completely built out with new hood, range and all the amenities. Permitting a restaurant in Santa Monica is extremely difficult. Save time and an a lot of money by buying an already permitted and operating restaurant in a great location.

This beach themed restaurant took two years to get city permits and nearly bankrupt the seller before it opened. The permitting process didn't leave the seller with enough working capital to properly launch the restaurant and do the needed advertising to drive higher sales. It has been open for 5 months and needs an energized entrepreneur to kick start this restaurant.

The restaurant has everything it needs to be successful with a new owner. The menu was devised by a top chef formally of Spago and Ma Maison. The them is "shabby surf chic." The reviews have been very positive, thus far.

The sales only reflect 5 months open. The restaurant has not experienced the peak summer season. Nor has there been much advertising.

Interested parties please register at www.bizex.net or contact Shelli Margolin at 310 882-2200 ext 128. https://www.bizex.net/business-broker/shelli-margolin

Shelli Margolin Email: smargolin@bizex.net Office: (310) 882-2200 ext 128 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/shelli-margolin

BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net

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Shelli Margolin

4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695

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Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations