/usr/share/live/build/templates/grub/menu.lst is in live-build 3.0~a57-1ubuntu11.
This file is owned by root:root, with mode 0o644.
The actual contents of the file can be viewed below.
1 2 3 4 5 6 7 8 9 | default 0
color cyan/blue white/blue
splashimage /boot/grub/splash.xpm.gz
LINUX_LIVE
LINUX_INSTALL
MEMTEST
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