BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Membership today!

Business For Sale

Spectacular Jazz Club and Restaurant

Los Angeles, CA, USA

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,700,000
$2,254,051
Not Disclosed
$271,216
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1985
22
92927868
Owner Financing is Available
Will Consider with Qualified Buyer.

Business for Sale Overview:

Spectacular jazz club in a historic location of Los Angeles. With its gourmet menu, full bar, and extensive wine selection as well as the spectacular stage set up and historic piano, this club has held a reputation for being the jazz club to go to in Los Angeles for 24 years. The owner built this club in 2004 so its atmosphere perfectly matches its prestigious reputation. The establishment has all permits and licenses including unrestricted 47 liquor license needed to serve food, allow dancing, host performances, etc. The license also allows the owner to serve liquor and food on the large patio. This amazing jazz club is a total of 10,600 square feet with seating for 315 customers. This club is not in the red! A death in the owner's family has prompted this sale. Everything is in place for a buyer to step in and become the new owner of the hottest jazz club in Los Angeles. All Prospective Buyers Must Sign A Non-Disclosure Agreement And Provide Evidence Of Financial Ability To Execute This Purchase.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Beautiful, newly built in 2004 restaurant and bar. 265 seating inside, 150 seating outdoor patio. 264 exclusive parking spots. Full kitchen-all equipment owned. Support/Training: Owner will train for 2 months.

Market Competition and Expansion:

Competition: Established since 1985. The club is well known for its fine food, superb wine list, and amazing performances. Ownership has not changed since this place was established. Growth/Expansion: This is a well known establishment with a lot of history. Highly trained staff has been with the business for many years and are willing to stay for the new owner. 264 parking spots exclusively for customers. A definite asset for this location. State of the art stage, sound system, lighting, etc. are included in the purchase price. This Jazz Club brings the best jazz talent to Hollywood and with its Old World charm provides a warm and inviting environment for its guests, while enjoying a superb meal and great live jazz.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.