Business For Sale

Silver Lake Area Restaurant – Beer, Wine & Patio!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$175,000 $225,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Silver Lake Area Restaurant – Beer, Wine & Patio! Broker: Ryan Clark

Quick Facts

Asking Price: $175,000
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 97754929
Broker Reference #: SilGoos2

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Business Overview:

This Silver Lake restaurant boasts a highly sought after main street location with an outdoor patio in one of the city’s most coveted areas. Due to the venue’s prominent location, it benefits from fantastic street visibility and a solid amount of walk traffic. The kitchen has two deep fryers, a griddle, range top, three bucket sink and one restroom.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This Silver Lake restaurant boasts a highly sought after main street location with an outdoor patio in one of the city’s most coveted areas. Due to the venue’s prominent location, it benefits from fantastic street visibility and a solid amount of walk traffic. The kitchen has two deep fryers, a griddle, range top, three bucket sink and one restroom.

Market Competition and Expansion:

Silver Lake is a highly competitive trendsetting area where several bourgeoning food concepts compete to establish themselves and their brand. Unique concepts, however, tend to be embraced by the local food-friendly populace. New operators may wish to capitalize on this venue’s prime location with any number of concepts. A new operator may choose to implement any number of quick service or higher-end dining concepts to best capitalize on the popular area location and its outdoor patio. They may also want to explore the addition of beer and wine as the venue recently had a license but the conditional use permit expired in 2017.

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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