Business For Sale

Westwood Restaurant w/Beer,Wine & Sidewalk Seating

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$299,000 $633,416

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Westwood Restaurant w/Beer,Wine & Sidewalk Seating Broker: Ryan Clark

Quick Facts

Asking Price: $299,000
Annual Revenue: $633,416
Net Profit: Not Disclosed
Cash Flow: $201,666
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 1224929
Broker Reference #: WoodPie

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This well established Westwood area restaurant boasts a highly visible, high traffic location with beer, wine and sidewalk seating. The location lends itself to deliveries as far north as Bel Air, with the UCLA Campus, Westwood, West Los Angeles and Brentwood all in its backyard. Approximately 9.0% of the business is comprised of lunch diners, so there is significant room for top line revenue growth by extending the daytime hours and opening 7 days per week. About 13% of the sales are generated from delivery business and 8% is take-out.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This 1,650 square for restaurant leases for $6,610 per month including common area maintenance (CAM) expenses, on a lease until January 2022 with one 1 five year option. The facility has a comfortable manager’s office and separate male and female restrooms as well as a service area with a cappuccino maker. The kitchen has an oversize oven, grill, stove, ice machine, prep tables, walk-in cooler, 1 door freezer and dishwashing unit. All of the venue’s furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $5,000 in wine and food inventory will be sold at cost at close.

Market Competition and Expansion:

While competition for quality restaurants always exists in popular areas such as Westwood, the concept has been established for nearly 20 years and the venue has amassed a large loyal client base as a result. Its prime location with excellent main street visibility, tremendous goodwill including its recipes and loyal following provide it a sustainable advantage over alternative options and any future industry entrants. While new operators may wish to carry to the torch forward and manage the restaurant with the same menu as the current owners, they may also wish to elaborate on the concept and add their preferred menu additions, open for weekend lunch brunch service or open on Tuesdays as the current operation closes one day per week. Alternately, they may adopt the name and potentially the concept to suite their taste.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!