How much does a restaurant for sale in Long Beach cost?
Long Beach restaurant acquisitions vary by submarket and concept type. Asset sales typically start from $45k+. Full business sales range from $130k+ to over $900k+ for established concepts in prime submarkets like West End and the Boardwalk, Park Avenue and Downtown, East End and Lido Beach. Confirm at least three years of financials and SLA license status before making any offer.
What are restaurant lease rates in Long Beach?
Long Beach restaurant lease rates run roughly $32 to $70 per square foot annually, with the higher end of the range applying to prime submarkets and the lower end to emerging or suburban areas. NNN structures and CAM charges typically add another $8 to $18 per square foot annually.
What types of restaurant transactions are listed in Long Beach?
Pepperlot lists business sales, asset sales, and property sales across Long Beach. Asset sales transfer equipment and lease only, keeping the seller's prior liabilities out of the transaction. Business sales include the full operation, brand, SLA license where transferable, and staff. Property sales are outright real estate purchases.
Do I need an SLA license to buy a Long Beach restaurant?
Any restaurant in Long Beach that serves alcohol requires a State Liquor Authority (SLA) license. Nassau County SLA license transfers and new applications typically take 60 to 120 days. Confirm the license type and transfer requirements with both the seller and SLA before closing.
What submarkets are most active for restaurant sales in Long Beach?
On Pepperlot, the most active Long Beach submarkets currently are West End and the Boardwalk, Park Avenue and Downtown, East End and Lido Beach. Each carries different customer demographics, lease economics, and concept fit, so the best submarket depends substantially on the concept being acquired or planned.
Can I list my Long Beach restaurant for sale on Pepperlot?
Yes. Listing on Pepperlot is free. Create a Long Beach-specific listing with details like hood systems, seating, SLA license type, and lease terms. Confidential listing options are available for sellers who prefer to reach buyers without publicly disclosing the business identity.
