Legendary Hollywood Restaurant & Bar with ABC 47

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$225,000 $1,283,846

Food & Beverage: Bars, Clubs, Nightspots

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RE: Legendary Hollywood Restaurant & Bar with ABC 47 Broker: Teri Craft
License #: 01310250

Quick Facts

Asking Price: $225,000
Annual Revenue: $1,283,846
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 25
BBN Listing #: 165011533
Broker Reference #: 3600

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Business Overview:

Legendary Hollywood Restaurant & Bar With Abc Type 47, Cup Till 2:00am, Entertainment & Outdoor Bar! RRC#: 3600

Asking Price: Offered At $225,000
Location: Los Angeles County
Annual Revenue: $1,283,846
Annual Cash Flow: Contact For Info
Monthly Rent: $25,000 with cams

Listing Description:
Serve your guests where Paul McCartney and others once drank and dined in the heart of Hollywood. This historic spot features a unique & custom designed interior with banquette seating, booths and table service, plus two private dining rooms, one upstairs and one down, a large outdoor patio, that can accommodate over 100, and famous bar. The patio is perfect for dining, lounge, bar and parties with outside access. The bar area can accommodate up to 50 or more people. There is ambient lighting throughout plus a DJ booth upstairs with an amplifier, computer & JBL speakers. CUP allows service till 2AM and entertainment. Complete with fully equipped kitchen, office space and storage. This is an asset sale. The name is not included in the sale. The owner is absentee and the business is well run by management.

General Information:
Established: 2004
Current Owner: 2004
Employees: 25
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact For Info
Annual Revenue: $1,283,846
Annual Cash Flow: Contact For Info
Payroll: Contact For Info

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Property Features and Assets:

Parking: street and lots Hours: Saturday - Thursday 5PM-2AM- Friday 12PM-2AM Square Feet: 3,500 plus large patio Seats: 100 inside plus patio Licenses Required: ABC License, City Business License, Health Dept Permit.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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