Business for Sale Overview:
This day-time oriented West Hollywood restaurant with a parking lot, patio and full-bar (offering full liquor) is an established earner that can be run ‘as is’, or may be successfully be turned into any number of daytime, evening or even late night bar-oriented concepts. The location, and its unique lease and additional attributes, are rare in this coveted restaurant and entertainment corridor. This facility with a full-liquor license has indoor seating for 135, plus room for another 35 or so patrons on the spacious outdoor patio.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The 4,600 square feet restaurant with a full-bar, a 700 square feet patio (approximate), and a 15 plus space parking lot leases for $12,000 per month on an incredible lease with no annual increases for 18 years! The facility’s conditional use permit allows for patio dining until 1 am, as well as non-amplified music.
Market Competition and Expansion:
While this restaurant is located “on the Boulevard” East of Doheny and West of Crescent Heights, it is not considered a strictly alternative venue.
This venue could be taken in any direction. A new owner could ride out the current concept ‘as is’ and be successful for decades to come, or a new owner-operator could capitalize on this establishment’s liquor license, bar, patio and parking lot and open an full-fledged evening oriented restaurant, bar or lounge and social venue.
Reason for Selling:
Personal
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.