Business For Sale

Wine Bar and Restaurant

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$275,000 $1,200,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Wine Bar and Restaurant Broker: Azadeh Manoussi
License #: 01436063

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 194725717
Broker Reference #: CBG000589

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Business Overview:

An established Wine Bar/Restaurant located underneath a high rise building in Prime Downtown Los Angeles Location ONLY walking distance from the Staple Center and Microsoft Theatre is available for the very first time. There are three large high-rise buildings under construction across the street, which upon their completion will draw phenomenal additional foot traffic. Both indoor and outdoor patio seating is available. Currently the premises has a beer and wine license; however the current owner has already applied for a conditional use permit (CUP) which is nearing its approval process for a full liquor license. There is a full kitchen and over 3,800 square feet of space. The rent is very reasonable for its location. Ideal to be turned into a sports bar or an upscale wine bar. LOTS OF POTENTIAL.

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Property Features and Assets:

An established Wine Bar/Restaurant located underneath a high rise building in Prime Downtown Los Angeles Location ONLY walking distance from the Staple Center and Microsoft Theatre is available for the very first time. There are three large high-rise buildings under construction across the street, which upon their completion will draw phenomenal additional foot traffic. Both indoor and outdoor patio seating is available. Currently the premises has a beer and wine license; however the current owner has already applied for a conditional use permit (CUP) which is nearing its approval process for a full liquor license. There is a full kitchen and over 3,800 square feet of space. The rent is very reasonable for its location. Ideal to be turned into a sports bar or an upscale wine bar. LOTS OF POTENTIAL.

Reason for Selling:

Other business ventures.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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