LOS ANGELES, California
| Asking Price |
$525,000 |
Year Established |
2015 |
|
| Annual Revenue |
$642,190 |
Reason for Selling |
Personal |
|
| Annual P/L |
$642,190 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$133,888 |
Listing Number |
946217 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink. The bar serves a wide variety of craft cocktails, premium spirits, and wines, along with a selection of light bites and appetizers. Guests appreciate the friendly staff and personalized service, making it a great find for those seeking a higher-end neighborhood bar experience.
Property Features and Assets:
<p>This 2,065 square foot location leases for $10,300 per month including common area maintenance expense on a lease until April 2025 with options to be determined. All of this venue’s furniture, fixtures, equipment, goodwill and Type 48 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close.</p>
Market Competition and Expansion:
<p>The area is filled with a mix of trendy eateries, classic diners, and upscale gastropubs, each striving to carve out a niche. This venue is able to leverage its busy neighborhood location to cater to its loyal local following.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity