Description This highly profitable, turn-key West Los Angeles Area restaurant is nearly absentee and owned and has such stellar books and records it may actually be a loan candidate (at least for an established restaurateur). The established and ever growing business boasts a beer and wine license as well as a patio. The highly desirable location benefits from an active nightlife scene in adjacent venues as well as complementary neighbors who provide a good deal of foot traffic.
Asking Price $1,000,000.
This nearly 1,300 square foot facility plus patio will lease for just under $7,500 per month including common area maintenance (CAM) expenses on new 5 year lease with options to be negotiated. All of the business's furniture, fixtures, equipment, name, concept, recipes and Type 41 Beer & Wine License will be included in the sale.
Competition naturally exists in this highly popular area. This venue, however, has carved out a unique market niche providing it a long term sustainable competitive advantage in a desirable West Los Angeles location.
This business has been highly successful with its current concept, which new owners may seek to maintain and grow with additional marketing, specials, events or even enhanced menu offerings.