Mid-Wilshire Cocktail Bar W/No Food Required!
Los Angeles, CA Los Angeles County
Request More Information Contact the Seller
- RE: Mid-Wilshire Cocktail Bar W/No Food Required!
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $525,000 | |
| Annual Revenue: | $642,190 | |
| Net Profit: | $642,190 | |
| Cash Flow: | $133,888 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 3 | |
| BBN Listing #: | 946217 | |
| Broker Reference #: | BATINY |
Business Overview:
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink. The bar serves a wide variety of craft cocktails, premium spirits, and wines, along with a selection of light bites and appetizers. Guests appreciate the friendly staff and personalized service, making it a great find for those seeking a higher-end neighborhood bar experience.
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 2,065 square foot location leases for $10,300 per month including common area maintenance expense on a lease until April 2025 with options to be determined. All of this venue’s furniture, fixtures, equipment, goodwill and Type 48 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close.
Market Competition and Expansion:
The area is filled with a mix of trendy eateries, classic diners, and upscale gastropubs, each striving to carve out a niche. Â This venue is able to leverage its busy neighborhood location to cater to its loyal local following.
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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