RESTAURANT/PUB FOR LEASE- SANTA MONICA, CA 90405
Purchase Price: $280,000.00 includes the full alcohol license, furniture, fixtures and equipment.
Size: Approx. 1,600 rentable sq. ft.
Seats: Approx. 65 seats
Lease Term: 7 years with a 3 year option.
Rent: $7,959.00 per monthly includes the triple nets
Increases: 2% annually
Type 47 License: If the Buyer wants this license the Key Money is $280,000.00
Outdoor Dinning: There’s approx 10 outdoor seating in front of the restaurant.
This is a separate license agreement with the city of Santa Monica. Cost is approx. $129.00 per month.