Business Overview:
This Westwood restaurant with full liquor (type 47) has fantastic street visibility and boasts a large patio, a small banquet room, and a main dining area that may be subdivided as preferred. The business is profitable and has been a long-standing favorite with locals. As such new owners may seek to simply build-upon the current concept or re-launch the concept in its entirety.
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 facility leases for approximately $7,000 per month and comes with some onsite parking and additional spaces on lease. The kitchen comes complete with a stove, grill, griddle, convection oven, pizza oven, etc. The facility has occupancy for nearly 100 patrons.
Market Competition and Expansion:
While Westwood is a competitive restaurant environment, this is a well-established location with excellent street visibility and an established client base. As such it has an advantage over both competitors as well as industry entrants. A new owner may seek to build upon the venues current, already profitable concept, or capitalize on the facility’s licensing, location and oversize patio to implement an entirely new concept. However, a prospect would not likely seek to implement a full bar without modifications to the CUP which would provide for liquor service past 11 pm.
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.
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