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Restaurant And Bar For Sale - Studio City

This spacious restaurant and bar occupies one of the most prominent locations on Ventura Boulevard and has liquor, onsite parking, patio(s), a private dining area, two kitchens and billboard style signage! The venue is a neighborhood favorite, with 50% of its business being derived from loyal lunchtime patrons who are professionals who work in the area, local residents and commuters. The facility comes with a spacious, fully outfitted kitchen complete with standard and convection ovens as well as a specialty oven, several stoves, warmers, grill and griddles, deep fryers, and multiple salad prep stations, as well as a second smaller stand alone kitchen with its own stoves, ovens and hood system, dishwashing and food prep area. The facility has an enormous walk-in cooler, a large dry storage area and a manager's office. The sale includes all off the business's furniture, fixtures, and equipment, as well as its liquor license.

This 7,000 square foot facility plus 900 sq. ft. patio leases for $15,000 per month on a lease until 2017 with options to be negotiated in the sale. Occupancy is reported to be approximately 200 patrons for the restaurant, bar and patio combined. Approximately $20,000 in inventory will be sold at cost at close.

As this bar and restaurant occupies an unrivaled location with excellent street front visibility and access, it has a unique sustainable competitive advantage over most potential competition. What's more, it boasts convenient onsite parking, patio space and a separate bar area in an area that is densely populated with daytime and happy hour business persons as well as local residents and commuters.

New owners, who may likely be an established or aspiring national chain, may seek to take advantage of the facility's stellar visibility, high daytime and happy hour foot traffic, and liquor license and patio(s). The facility can lend itself to a high volume cafe, a fine dining concept or even a sport bar!
The listing # 181338 Restaurant And Bar - Studio City below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restaurant And Bar in Studio City please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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Posting #: 228767
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Refreshed: 2/27/2017

Contact: Joe Khoury
Phone: 213-422-7088
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Price: $370,000
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This Newly Remodeled Bar is already very popular with a great clientele in the area. Operating hours are till 2 a.m. No Kitchen. Owner has several other businesses and has no time to oversee the Bar.
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Beverly hills prime location in the triangle. 2,300 sq.ft. with 300 sq.ft. patio. Rent $7.50 per square feet. 10 year lease. Public parking and valet. 2 am liquor license. Turn Key fully Equipped Price: $495,000
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Turn key fully equipped operating club restaurant. Asset sale approx. 4300' + 700' patio 200 seats $20,000 per mo. rent + .70 psf NNN 150 parking space price: $695,000 cup grandfathered since 1994 - 2am liquor license friday & saturday midnight during week live entertainment & dance.
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Refreshed: 2/23/2017

Contact: Ira Spilky
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Beverly hills prime location on La Cienega blvd. For lease premises 7000' - 200 seats + 50 seat patio. Monthly rent: $2.85 psf + $1.50 psf nnn/cam. Lease term: New 10 yr. + option lease. Parking: 200 car parking & valet. ABC license: type 47 liquor. Price: $495,000
Los Angeles Bar And Restaurant With Live Music For Sale
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Entertainment Wed-Sat. Karaoke Wed. nights, DJ Thurs. nights, Live Bands Fri-Sat. nights 16 bar stools,plus lots of booth seating. Bar has 2 wells. Each year profits have steadily gone up. Type 47 liquor license along with live entertainment and catering license.
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