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This is a tremendous opportunity to own and operate a restaurant with a great reputation, they have won best of San Joaquin every year since they opened in 2014. They are located in an area with plenty of foot traffic. This opportunity is best fit for someone who wants to own and operate (work in) their own restaurant. Someone can operate this restaurant semi-absentee, but they would have to hire a full-time manager. The restaurant was remodeled in 2014 so all appliances and FF&E are in great shape. A new owner can expect continued success from day 1 as the location and reputation are exceptional. Once interest is expressed, I will send an NDA over, after signing the NDA I will send over the Executive business summary.
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.
This restaurant and nightclub is centrally located in the heart of Fullerton’s highly popular entertainment corridor. The venue boasts an occupancy over 540, which is reported to be the highest of any bar or nightclub in the area. They are also reported to be only 1 of 2 venues that can offer bottle service, and they possess a unique conditional use permit (CUP) that allows them to operate as a nightclub after 10 pm without being required to offer food. Together with these favorable entitlements, the business has dance, DJ and live entertainment, and their CUP is said to be grandfathered in so an annual renewal is not necessary as it may be with newer venues.
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