West Hollywood / Sunset Blvd Restaurant - Full Liquor
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1420000
Net Profit / Cash Flow $480000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1974
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Retirement.
Description This West Hollywood / Sunset Boulevard restaurant with full liquor is available for the first time ever. The restaurant has been a stable earner for decades and can continue to be a formidable operation with few modifications. With a few larger modifications to venue's format and target client base, however, this can become one of West Hollywood's most dominant locations. Asking Price $400,000.
The 5,000 square foot facility will lease for $18,000 per month, on a ten year lease, with one five year option. The sale includes all of the business's assets, including its liquor license and decades of goodwill. The facility has guest rest rooms, an employee's locker room, a chef friendly kitchen with a large walk-in cooler, and a private manager's office.
Competition naturally exists in the fine dining segment, however, this restaurant's location, unique concept and market niche provides it a competition advantage over any venues with similar concepts.
Many opportunities for growth exist. A buyer may seek to maintain the current concept with little to no modification, or an aggressive entrepreneur can turn this into one of West Hollywood's hottest venues. Contact for more information on this Restaurant for sale.
Click Here To Contact Seller
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