Established Restaurant in Long
For Sale
Contact for pricing
2601 Clark Ave, Long Beach, CA 90815
Turn-key restaurant with loyal customer base in Long Beach.
Property Size1,100 SF
Price / SF$181.82
Days on Market187
Property Features for 2601 Clark Ave
General Information
Standard status
Active
Size
1,100 SF
Class
B
Property subtype
Business for Sale
Investment Type
Stabilized
Building Details
Units
1
Listing Agency:
Real Broker LLC
(562) 786-5418
Listed By:
Alfredo Guzman · License #CA 01407137
Source:
Crexi
Added: Feb 18
Changed: Aug 9
Last Checked: Aug 21 at 9:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC
Investment Insights
Based on property information with market context.
This established restaurant, a Long Beach staple, bridges the gap between special occasion dining and everyday healthy eating. Founded in 2009, the restaurant has a loyal customer base and a brand that resonates with the modern diner. The kitchen's reputation is anchored by a chef who is a graduate of Le Cordon Bleu. The menu features a sophisticated East-meets-West flair, utilizing French techniques to elevate traditional Japanese flavors. The sale includes the rights to the Awesome Roll, a proprietary dish created using French culinary methods, and a robust selection of established vegetarian favorites like the Ultra Violet, Green Power, and Yellow Monster. The restaurant is specifically designed to be vegetarian-friendly, capturing a significant and growing market segment. The branding is bold, the digital presence is established, and the operational crews have a history of excellence. Situated in Long Beach, CA, the restaurant benefits from a vibrant local community and high visibility. The restaurant property size is 1100 square feet. This is an ideal acquisition for an owner-operator looking for a business with a Le Cordon Bleu foundation or a hospitality group looking to scale a proven, high-quality fusion concept.
Key Highlights
- Proven Longevity: Established business since 2009.
- Signature Menu Assets: Includes rights to the proprietary 'Awesome Roll' and established vegetarian options.
- Culinary Pedigree: Featuring a sophisticated 'East meets West' fusion by Le Cordon Bleu graduate, Chef Pat.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,681
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$353,620
$353.6K
Cap Rate 7%
$252,586
$252.6K
Cap Rate 9%
$196,456
$196.5K
Market Conditions
NOI Build-Up for 1,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.1K $22.80/SF
− Vacancy
−$1.5K −$1.37/SF
EGI
$23.6K $21.43/SF
− OpEx
−$5.9K −$5.36/SF
NOI
$17.7K $16.07/SF
Area
ZIP 90815
Vacancy
6.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$353,620
Cap Rate 7%
$252,586
Cap Rate 9%
$196,456
Alternative Uses
Best Use
Specialty Retail
$252.6K
$221.0K – $294.7K
NOI $17,681 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.4K
$302.2K – $403.0K
NOI $24,178 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 36%
Starbucks
Dining
20,633 visits/mo
0.5 miles
Chevron
Shops & Services
16,038 visits/mo
0.5 miles
Chevron
Shops & Services
14,614 visits/mo
0.5 miles
Zankou Chicken
Dining
13,118 visits/mo
0.5 miles
Jack in the Box
Dining
12,616 visits/mo
0.5 miles
Demographics for 90815, CA
41,837
Population
15,908
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
5,893
Density / Sq Mi
$116,567
Median Household Income
$66,669
Median Earnings
$2,263
Median Rent
$890,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant with loyal customer base in Long Beach.
Where is this conventional restaurant located?
The property is located at 2601 Clark Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Proven Longevity: Established business since 2009.; Signature Menu Assets: Includes rights to the proprietary 'Awesome Roll' and established vegetarian options.; Culinary Pedigree: Featuring a sophisticated 'East meets West' fusion by Le Cordon Bleu graduate, Chef Pat.
