Silverlake Restaurant & Bar W/Patio & Property!

Business Overview:

This Silverlake restaurant and bar with liquor, onsite parking and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The restaurant has 2 separate interior dining areas that open into an adjacent 12 seat bar as well as its outdoor patio and manager’s office. The kitchen has a large walk-in cooler, a separate walk-in freezer, a large dry storage room, prep room and a comprehensive line with deep fryers, a grill, griddle, stove and 2 convection ovens. Both the business and property are being offered in the sale.

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Property Features and Assets:

This 4,600 square foot venue has seating for just over 100 inside. It boasts a remarkable 1,900 square foot patio that can accommodate nearly 100 outside. The owner-occupied premise leases for $17,800 per month on a lease until 2028 with a 10-year option. The business’s furniture, fixtures, equipment, goodwill, Type 47 Liquor License and property will be included. An estimated $10,000 in inventory will be sold at cost at close.

Market Competition and Expansion:

While competition exists throughout the ever popular Silverlake, Los Feliz, Echo Park and Atwater Village enclaves, few if any venues have comparable visibility, as attractive of a layout or as spacious patio space.

Reason for Selling:

Personal

Additional Details:

Documents:

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