Cocktail Bar/food Since 1932
Not Disclosed, CA Los Angeles County
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- RE: Cocktail Bar/food Since 1932
- Contact: Neil Kaplan
- License #: 5647 NK
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1932 | |
| Employees: | 15 | |
| BBN Listing #: | 999204 | |
| Broker Reference #: | 5647 NK |
Business Overview:
For the first time in decades, this 93-year-old landmark cocktail bar and restaurant is available for acquisition. Known for its rich history, strong reputation, and loyal customer base, the business enjoys prime visibility in a highly trafficked area, making it an exceptional opportunity for an experienced operator or first-time buyer alike.
Currently, the bar operates with limited hours (closing at 8 PM daily). However, it already holds permits to operate until 2 AM, offering tremendous upside for a new owner to significantly increase revenue by simply extending hours of operation.
Free-standing building with strong curb appeal and ample dedicated parking — a rare advantage in this market.
Permitted outdoor patio allowing for expanded seating, al fresco dining, and beverage service.
Ability to host live entertainment (buyer to verify), further enhancing customer experience and driving additional traffic.
Large fixed bar featuring a 20-tap Blizzard draft beer system, designed for high-volume service and consistent product quality.
Long-standing community presence with decades of goodwill and a diverse customer demographic.
Listing 5647 NK
Contact the Seller:
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Property Features and Assets:
Good size facility, room to add 3 pool tables
Has complete kitchen with hood and grill
This place can easily handle more volume, large fixed bar
Market Competition and Expansion:
An institution in the area
Significant upside with later hours, events and promotions
Limited competition with very few bars in the area
Reason for Selling:
retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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