Santa Monica Restaurant — Turnkey Asset Sale
Turn-key, open-to-the-public, fully operational restaurant in a Santa Monica shopping center. Health Department permitted with an assignment of lease available to a qualified buyer.
The 950 sq ft space is fitted out with a full commercial cooking line under an 18-foot hood and an extra-large walk-in refrigerator — ready for day-one service with no buildout delay.
Deal Structure
Asset sale with assignment of lease. Allocation supports the $145,000 purchase price.
- Furniture, Fixtures & Equipment value: $35,000
- Buildout value: $60,000
- Goodwill: $50,000
- Health Department permitted
- Open and active operation
Lease Terms
Assignment of lease in an established Santa Monica shopping center with steady foot traffic.
- Base rent: $4,369.70 (first month)
- CAM: $1,771.50
- Total rent: $6,141.20
- 3% annual increases
- Shopping center location
Included Equipment
Complete commercial cooking line and cold storage in place — turnkey for the next operator.
- 18-foot Type 1 hood
- In-ground grease interceptor
- Extra-large walk-in refrigerator
- Convection oven
- Vertical broiler
- 6-burner stove
- Flat grill
- Deep fryer
- Multi shelving and assorted racks
Highlights
- ≈ 950 sq ft turnkey restaurant
- Health Department permitted
- 18-foot hood with full cooking line
- Extra-large walk-in refrigerator
- Open and active
- Shopping center location
Inquire about Santa Monica Restaurant — Turnkey Asset Sale
Send a private inquiry on this specific property. We'll respond same business day with next steps, NDA, and any financials available.
- Santa Monica (Los Angeles County)
- $145,000 · Available — Open & Active
- Assignment of lease · Shopping center · ≈ 950 sq ft
Inquire about this listing
Private inquiry. We respond same business day.
