The Hare 1800 E Broadway Local commercial | 225 m² | À louer | Long Beach, CA 90802

THIS IS A KEY MONEY ASSET SALE - CALL BROKER FOR PRICING - DO NOT DISTURB EMPLOYEES - TOURS BY APPOINTMENT Thank you for your interest in The Hare Bar & Restaurant. The opportunity includes the full Type 47 liquor license and rare entertainment permits. Buyer also benefits from below-market occupancy costs with current gross rent of only $6,500 per month, lease extending through April 2035, and two additional five-year renewal options, providing long-term operational stability. A first right to purchase the Property with an adjacent rental structure is included in the lease offering an Owner User the opportunity to control his destiny and offset operating costs with rental income - Inquire with Broker. This is an exceptional opportunity to acquire a beautifully built-out restaurant and cocktail bar located on one of Long Beach’s most recognizable dining and nightlife corridors, the heart of the Broadway entertainment district. This freestanding corner location offers outstanding visibility, strong neighborhood recognition, and a loyal customer base. Unlike opening a restaurant from scratch, this opportunity allows a new operator to avoid the significant costs, permitting delays, and construction risks associated with a new development. The Hare is fully operational with a complete commercial kitchen, expansive bar, Type 47 Full Liquor License, and permits for live entertainment already in place. 1800 E Broadway has served as a neighborhood gathering place for well over a decade and presents an ideal opportunity for an experienced hospitality operator to introduce a new concept while benefiting from the property’s established identity and customer recognition. Ideal concepts include: • Craft Cocktail Lounge • Wine Bar • Chef-Driven Restaurant • Modern American • Mediterranean • Italian • Japanese Izakaya • Steakhouse • Seafood Restaurant • Live Music Venue • Entertainment Concept Whether continuing as a vibrant cocktail destination or transforming the space into an entirely new restaurant concept, this opportunity provides an outstanding platform for long-term success in one of Southern California’s strongest hospitality markets. The sale includes an impressive collection of restaurant improvements and equipment allowing a buyer to begin operations with minimal additional investment including: • Approximately 2,700 square foot freestanding restaurant location • Fire occupancy for up to 299 guests • California Type 47 Full Liquor License • Live Entertainment Permit o An Extensive Furniture, Fixtures & Equipment (FF&E) o Fully equipped commercial kitchen with a Large Type I Hood o Walk-in refrigeration o Bakers Pride Double Deck Pizza Oven o Flat Grill & Charbroiler o Deep Fryer o Pizza Preparation Station o Multiple Refrigeration Units o Dishwashing Area o Grease Interceptor o Two Fully Equipped Bar Wells o Extensive Bar Equipment The property is strategically positioned within one of Long Beach’s most active restaurant and nightlife districts. The Broadway Corridor has long been recognized as a destination for dining, nightlife, entertainment, and neighborhood gathering places. The surrounding trade area benefits from: • Dense residential population • Strong daytime employment • High disposable household incomes • Excellent walkability • Active nightlife • Continuous year-round customer traffic The customer base is anchored by neighborhood residents, young professionals, the LGBTQ+ community, happy hour patrons, and weekend nightlife visitors who value independently owned hospitality concepts over national chains. Within a five-mile radius there are more than 411,000 residents, while average household incomes exceed $120,000, creating a strong demographic foundation for restaurant and beverage sales. Why You Should Own The Hare The greatest value of this opportunity lies in its flexibility. A new owner can immediately capitalize on an established hospitality location while introducing a fresh concept tailored to today’s dining and nightlife trends. Because the property already includes a Type 47 liquor license, entertainment permits, fully built commercial kitchen, and significant tenant improvements, the next operator can dramatically reduce both startup time and capital expenditures. Potential growth strategies include: • Expanding food service and operating hours • Developing a premium craft cocktail program • Programming an effective live entertainment and special events • Creating private party and corporate event revenue • Increasing weekend programming and community events • Leveraging social media and digital marketing • Introducing brunch, late-night dining From an investment perspective, buyers are acquiring far more than restaurant equipment—they are purchasing a proven hospitality location with long-standing market recognition, valuable liquor licensing, established infrastructure, and the opportunity to build upon years of customer familiarity while avoiding many of the entitlement, construction, and development risks associated with opening a new restaurant.