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Business for Sale Overview:

This very rare combination of a well established restaurant with hard liquor license #47, which has an outside front patio and a hookah lounge is available for sale. Located on a very busy intersection bordering Studio City, Sherman Oaks and Valley Village areas, near the 101 FWY, is a perfect place for people to stop by on any given night of the week and have a good time. Since opening night in 2005, it quickly became a favored destination. This 3,000 square feet restaurant with ample parking, serves dinner & late night menu only from 6pm-2am inside a dimly lit dining room. It has a seating capacity of 100 plus with futuristic disco trek lights, good sound system, 6 flat screen TV's, and a full liquor bar serving premium drinks and cocktails. The outside front patio has a lovely water fountain and a nice ambiance, can accommodate up to 80 patrons. It has an excellent commercial kitchen with a stainless large hood, walk-in refrigerator, freezer and 8 head burner. Fixtures, furniture & equipment are estimated to be at $200,000. Annual gross sales are in excess of $450,000 plus with seller annual discretionary income of $120,000. The lease is $5,250, all inclusive with 3 years remaining plus 1 option @ 5 years each.