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Serendipity Cafe Restaurant | Full Bar & Patio - ZERO KEY MONEY

Redondo Beach, Los Angeles County, California 90277-6117, United States

Asking Price$50k

Revenue-

EBITDA-

Cash Flow-

Description

Turnkey Operation! Full Address is Shown Turnkey ±5,537 SF Corner Restaurant | Over $1M Invested | Full Bar | Enclosed Patio | Optional Type 47 Not all interested parties will qualify. Must have excellent credit and financials. Rare opportunity to acquire a beautifully remodeled ±5,537 SF second-generation restaurant in a prime corner South Bay location. This turnkey space is built for immediate operation and is ideal for an experienced operator, hospitality group, or expanding brand seeking a polished, high-capacity location with strong built-in fundamentals. More than $1,000,000 has been invested into the renovation, kitchen build-out, bar installation, and interior improvements, creating a modern, high-quality dining environment. The space features a fully renovated dining room, full bar build-out, and a fully enclosed patio well-suited for private events, group dining, and special occasions. The brand-new commercial kitchen was designed for high-volume service and includes a 20-foot hood system, grease interceptor, and walk-in refrigerator and freezer. An optional transferable Type 47 full liquor license is available for purchase, offering additional value and upside for the right buyer. The tenant is currently in Year 2 of an 11-year lease, offering long-term lease control and operational stability. Even better, there is no key money required for the leasehold interest. Positioned directly across from a major new residential development with 115 new units, this location benefits from increasing density, built-in neighborhood traffic, and continued growth in one of the South Bay’s most desirable trade areas. Strong visibility, excellent access, and ample parking make this a compelling long-term restaurant opportunity. Highlights High-volume kitchen with 20 ft. hood Grease interceptor Walk-in refrigerator and freezer Prime corner location with strong visibility along Pacific Coast Highway ±5,537 SF second-generation restaurant Over $1M invested in remodel and improvements Full bar build-out Fully enclosed patio Optional Type 47 full liquor license - available but buyer is not required to acquire it 102 on-site parking spaces, including ADA stalls ADA-compliant restrooms Space in excellent condition Plug-and-play opportunity No key money Across from 115 new residential units Located in affluent Redondo Beach trade area Lease Terms Years 3–4 (March 1, 2026 – February 29, 2028): $2.50/SF + $0.45 NNN = $16,334.15 Year 5: $2.83/SF + $0.45 NNN Years 6–11: 3% annual increases Additional Notes Lease rate does not include utilities, property expenses, or building services Fully built-out for restaurant or café use Central A/C Private restrooms Freezer space DDA compliant Ad#:2484100

Real Estate

Rent is $16,335 per month

Building Size: 5537 sq. ft.

Inventory

Included in Asking Price

Business is

Absentee Owner

Reason Selling

Rapid expansion outpaced the current operator’s ability to fully stabilize opera

Facilities & Assets

Fully equipped commercial kitchen. Patio, dining room.

Financing Options