Los Angeles Restaurant & Bar w/Liquor & 2 Patios!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$500,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Los Angeles Restaurant & Bar w/Liquor & 2 Patios! Broker: Ryan Clark
Owner Financing is Available!
Owner will finance 50%

Quick Facts

Asking Price: $500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 15594929
Broker Reference #: DtTav

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Business Overview:

This Los Angeles restaurant and bar with liquor boasts one of Downtown Los Angeles’s most prominent locations with 2 coveted outdoor patios. The venue is near highly popular hotels and alternate day and evening dining and nightlight options. The space benefits from a combination of the daily lunch and happy hour crowds made up of professionals, travelers, residents, students and artists as well as evening revelers.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

The 3,174 square foot venue leases for $16,083 plus common area maintenance on a lease that expires in 12/2020 with one 10 year option. All of the business's furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. Approximately $10,000 in liquor inventory will be sold at cost at close.

Market Competition and Expansion:

The 3,174 square foot venue leases for $16,083 plus common area maintenance on a lease that expires in 12/2020 with one 10 year option. All of the business's furniture, fixtures, equipment, goodwill and Type 47 Liquor License will be included in the sale. Approximately $10,000 in liquor inventory will be sold at cost at close.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is 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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