Restaurant and Great Cocktail Bar. ABC 47 included

Santa Monica, CA
Los Angeles County

On the busiest street in the City

Asking Price: Annual Revenue:
$299,000 $1,500,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Restaurant and Great Cocktail Bar. ABC 47 included Broker: steve holzberg
License #: 00701006

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 556130609
Broker Reference #: Not Disclosed

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Business Overview:

A terrific restaurant and bar. Successful for many many years.
Lunch, dinner and full bar with cocktails.
ABC 47 and 58 licenses included in your purchase. No ABC restrictions. Can open until 2 AM.
Same owner for 25 years - needs to retire. Please help him.
Big sales volume.
A great reputation for many many years.

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Property Features and Assets:

Approximately 5,000 square feet plus a private parking lot too. Free standing building. On the main city street. Restaurant seats 150+. Big $ can be made here.

Reason for Selling:


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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