Business Overview:
This well established Silverlake bar and restaurant boasts an established base of loyal clients that have made this a neighborhood favorite for years. The facility has a full parking lot, a large kitchen, and is able to offer its patrons liquor and live entertainment. All of the businesses furniture, fixtures, equipment and Type 47 Liquor License are fully paid off and included in the sale.
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:
This facility can accommodate over 100 guests, and has the capacity to have more during events or if the layout is reconfigured. The lease, which has another 10 plus years of coverage, is at slightly over $3 per square foot for nearly 2,500 square feet.
Market Competition and Expansion:
Silverlake have a very limited number of bars and restaurants. Few have an onsite parking lot, a live entertainment permit, and are in highly accessible central location, as is the case with this venue.
This bar and restaurant have several growth opportunities. Inquire directly for additional details.
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.
Resources: