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- RE: Studio City Bar & Grill W/Recent Renovation
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $535,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2024 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 997634 | |
| Broker Reference #: | STUBAD |
Business Overview:
This recently renovated bar and grill has become a popular neighborhood venue for patrons that love to try a variety of craft beers, specialty cocktails, and an eclectic but well curated food selection comprised of comfort foods, salads and more! With its warm ambiance in a relaxed setting, this bar and grill provides the perfect backdrop for lunch, happy hour, casual nights out, social gatherings, or an evening of revelry with friends. The venue’s inviting vibe and varied specialty beer, wine and drink offerings make it a standout destination for those seeking a balance of comfort and sophistication.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
This 2,311 square foot location leases for $15k per month including triple net expenses on a secure lease until 2024. All of the business’s furniture, fixtures, equipment, Type 47 Liquor license and goodwill will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to purchase price.
Market Competition and Expansion:
Nearby bars and lounges provide a variety of dining and drinking options for those denizens looking to grab a bite or a few drinks. In this competitive environment, this venue’s beer, wine and cocktail selection help it to stand out amongst other options.
New management will want to capitalize on this venue’s recent first class remodel, its versatile layout, street visibility and onsite parking lot, to launch any number of potential concepts that may work in this highly flexible space.
Reason for Selling:
Personal. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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