Silverlake Bar with Full Kitchen & Onsite Parking!

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$200,000 $976,545

Food & Beverage: Bars, Clubs, Nightspots

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RE: Silverlake Bar with Full Kitchen & Onsite Parking! Broker: Ryan Clark

Quick Facts

Asking Price: $200,000
Annual Revenue: $976,545
Net Profit: Not Disclosed
Cash Flow: $39,227
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 10
BBN Listing #: 40054929
Broker Reference #: PizBar

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Business Overview:

This Silverlake bar with a full kitchen boasts onsite parking and street visibility, in a highly sought after part of Sunset corridor that spans from Los Feliz to Echo Park. The venue has a bar that seats 15 patrons and an overall occupancy for 49 persons. The kitchen has a grill, griddle, oven with a stove, convection oven, two bucket deep fryer, salad prep and other preparation tables, two 3 door freezers and a walk-in cooler.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 1,515 square foot venue leases for $6,842 per month plus approximately $1,200 per month in common area maintenance (CAM) expenses on a lease until June 30, 2027 with options to be negotiated in the sale. The business’s furniture, fixtures, equipment and goodwill will be included in the sale, as well as its Type 47 Liquor License. Approximately $2,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

This bar has become a local hangout that has gained a great deal of neighborhood popularity. As its not a large and assuming venue, it does offer a certain ambiance that comes across as slightly ‘more authentic’ than competitive offerings. Its opening hours coupled with daily happy hours help to make it a ‘go to’ venue throughout the day and night. Thought this venue feels more like a cocktail bar, the kitchen does provide management several options in terms of directions to take the concept in.

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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