Restaurant With Patio, Beer & Wine Bar
Location Beverly Hills, California, United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Focus on expansion of several additional concepts.
Description This flagship style restaurant location and facility boasts all the attributes that a seasoned or aspiring restaurateur seeks to launch a national brand from - an unbeatable location with national recognition and a distinguished high discretionary income client base, an abundance of parking, an unrestricted beer and wine license, a large patio (covered under the license!), a spacious indoor seating area with an ultra-innovative design, a stand alone bar, and a brand new ''chef-friendly'' kitchen with top of the line equipment and efficient layout.
Asking Price $295,000. Owner will carry for highly qualified buyer with $100k Down
No money has been spared in the recent build-out of this first class, ultra-chic 2,400 sq. ft. facility with beer and wine and a sizable patio. The facility, located in the most coveted area of the Beverly Hills Shopping and Business District, leases for $18,000 per month on a new 10 year lease with 2 five year options. The space has two state of the art restrooms and an occupancy for 70 inside plus up to 20 on the patio.
This restaurant for sale boasts some of the most prime real estate in Beverly Hills. While competition exists, this location's attributes - including the beer and wine license, patio and abundance of nearby parking provide it a distinct long-term sustainable competitive advantage over competing nearby operators. New owners will seek to capitalize on the facility's 'no expense spared' build-out, its ability to have beer and wine served on site, and its spacious patio.
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