Beachside Bar& Restaurant W/Great StreetVisibility

Business Overview:

This newly built-out sports bar and lounge, which is located in a high traffic pedestrian corridor between two major Los Angeles area landmarks, offers excellent street visibility and sidewalk seating. The bar boasts a vibrant atmosphere where guests enjoy live sporting events, elevated American bar fare, craft beverages, and social gatherings in a high-energy setting. The venue is designed to bring fans and communities together, as it features multiple large-screen displays, a diverse food and drink menu, and spaces suited for everything from casual meetups to watch parties and private events. The bar provides a combination of entertainment, hospitality, and community-focused experiences makes it a popular destination for sports enthusiasts and social diners alike.

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Property Features and Assets:

This 2,398-square-foot venue, complemented by a 260-square-foot patio, leases for $17,500 per month, including $2,758 in triple net (NNN) expenses. The sale includes all furniture, fixtures, equipment, goodwill, and the Type 47 Liquor License. An additional $5,000 in inventory will be sold at cost at close.

Market Competition and Expansion:

The business operates in a highly competitive hospitality market that is popular with locals and international tourists. The sports bar competes with nearby gastropubs, cocktail bars, pubs, and restaurants. Competitors often differentiate themselves through atmosphere, food quality, beverage selection, and customer experience. This venue stands out for his live sports and special events focus.

The new bar and lounge has strong growth potential through increased marketing efforts, expanded event programming, strategic partnerships, and enhanced food and beverage offerings. Opportunities include hosting watch parties, private events, corporate gatherings, and community-focused activities to drive traffic and increase revenue. It stands to benefit from a full-time working owner-operator with hospitality industry experience.

Reason for Selling:

Personal. Kindly ask the seller for more information.

Additional Details:

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