Business for Sale Overview:
This West Hollywood / Sunset Boulevard restaurant with full liquor is available for the first time ever. The restaurant has been a stable earner for decades and can continue to be a formidable operation with few modifications. With a few larger modifications to venue’s format and target client base, however, this can become one of West Hollywood’s most dominant locations.
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:
The 5,000 square foot facility will lease for $18,000 per month, on a ten year lease, with one five year option. The sale includes all of the business’s assets, including its liquor license and decades of goodwill. The facility has guest rest rooms, an employee’s locker room, a chef friendly kitchen with a large walk-in cooler, and a private manager’s office.
Market Competition and Expansion:
Competition naturally exists in the fine dining segment, however, this restaurant’s location, unique concept and market niche provides it a competition advantage over any venues with similar concepts.
Many opportunities for growth exist. A buyer may seek to maintain the current concept with little to no modification, or an aggressive entrepreneur can turn this into one of West Hollywood’s hottest venues.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- 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.