Sports Bar & Restaurant, Live Music, Prime Loc.

Business Overview:

 This is a turnkey, full service restaurant and lounge located in Tarzana. The business serves pizza, wings, burgers, appetizers, and beer, with revenue coming from dine in service, online ordering, and catering. Weekly entertainment, including trivia, karaoke, and live music, keeps the lounge a lively neighborhood destination, and sales are trending up. The business occupies approximately 2,600 square feet in a prime location with a lease in place through December 2027 plus a two year option to renew, and the lease is transferable. The premises came fully equipped as a restaurant, with kitchen equipment provided by the landlord for use during the lease term, and the operation is staffed with trained part time employees, including key kitchen staff expected to stay. Inventory of approximately $10,000 is included in the sale. Buyer must qualify for a Type 41 ABC license. 

Contact the Seller:

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Property Features and Assets:

Other Assets: Website, yelp, google, social media pages
Rent Deposits:$16,536
Special License Required: Health Department Permit, Business License, Type 41 ABC License
Store hours: Monday 2:00pm - 10:00pm/ Tuesday Closed / Wednesday - Thursday 2:00pm - 10:00pm / Friday - Saturday 2:00pm - 11:00pm

Reason for Selling:

Focus on other investment. Kindly ask the seller for more information.

Additional Details:

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