The #1 Website to Find Businesses for Sale in California
Successfully Selling California
Businesses Online Since 1994!

Over 200 New Listings Daily!
Businesses Sold This Month: 246
Businesses Sold So Far This Year: 1,469

Selling A Business?
Advertise On BizBenBuying or Selling a Business? - Place an Ad Now!

Restaurant & Bar For Sale - Westwood, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: Westwood
County: Los Angeles
City: Westwood
Contact Broker:  Ryan Clark
Primary Phone:  310-652-8353
Alternate Phone:  None Given
DRE Number:  None Given
Email Address:  Email Advertiser
Date Started:  2/7/12
Date Last Revised:   2/7/12
BizBen Ad #:  147895
 
 
Financial Information Detailed Information
 
Price:      $275,000
Down:      $275,000
Revenue:      $630,000
Adj. Net:      $131,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Westwood Restaurant & Bar Business For Sale:

This Well Established Westwood Restaurant And Bar With Full Liquor And Two Patios Is Ideally Located On Popular Westwood Boulevard (South Of Wilshire – Not In Westwood Village And Not Directly Adjacent To The U.C.L.A. Campus). This Restaurant Boasts Two Patios, A Service Bar Providing For Alcohol Along With Food Service, A Spacious Kitchen, Separated Dining Areas, A Manager’s Office, Separate Employee Rest Room, And A Parking Lot With Additional Spaces On Lease. This Restaurant Has Been A Neighborhood Favorite For Decades, And Can Continue To Thrive Under Its Current Concept, Or Under A Modified Concept.

The 2,640 Square Foot Facility Leases For 7,000 Per Month On A Lease Until 2013, With Options To Be Negotiated During The Sale. The Sale Includes All Of The Business Assets (Except For A Few Minor Items), Including A Fully Built Out Bar And Seating For Over 90 Patrons (Over 70 Indoor). The Liquor License Is Included And Will Transfer In The Sale.

The Corridor Of Westwood Boulevard, Between Wilshire And Pico, Is A Highly Popular Area For Formidable Bar And Restaurant Venues. As Such, Competition Naturally Exists. This Business Has A Natural Competitive Advantage Due To Its Decades Of Goodwill, Parking Availability, Full-Liquor License, And Its Ease Of Access To The U.C.L.A. Campus, The 405 Freeway, And Several Additional Major Throughways.

A New Owner May Seek To Capitalize On The Business’s Full Liquor License And Patios By Promoting A More Extensive Drink Menu And Cocktail-Oriented Food Offerings. They May Also Seek To Convert A Portion Of The Facility To A Private Dining Room For Large Families Or Special Events.
Call Ryan Clark (Broker) at 310-652-8353  (Please Mention You Saw This Ad On BizBen) About This Restaurant & Bar Business Opportunity For Sale in Westwood.


Email This Listing
Printer-Friendly Page



Restaurant & Bar For Sale And Westwood Region Related Links:

All Bars For Sale - Find A Pub, Sports Bar, Lounge, or Tavern For Sale

See All Related Business For Sale Listings

All Restaurants for Sale & Food Related Businesses For Sale

Los Angeles County Business Opportunity Listings, Businesses For Sale, Franchises For Sale

Westwood Business Opportunity Listings, Businesses For Sale, Franchises For Sale

Los Angeles County Area Business Opportunity Listings, Businesses For Sale, Franchises For Sale

All Ryan Clark Listings For Sale

Looking For A Specific Type Of Business (Location) For Sale? Place A Business Wanted To Buy Request On BizBen

Sell A Restaurant & Bar Or Los Angeles County Business, Place An Ad On BizBen Today


Westwood Regional News & Tips For Buying And Selling Businesses

Find Out The Differences Between Business Appraisers, CPAs, Due Diligence Experts

What are the differences between a Business Appraiser, CPA auditor and Due Diligence Expert - and why should you care? Here are some insights from Willard Michlin (805-428-2063) in his latest BizBen Blog & article posting that will be useful for someone engaged in, or planning to conduct due diligence.


Attorney Afshin Hakim Explains - Advantages Of Entering Into A Letter Of Intent

Are you going to be writing an offer soon on a business for sale? The Letter of Intent (LOI) is a contract preceding and enhancing the negotiation phase of a business transaction.  It has a number of advantages to each side of the party in a transaction. Attorney Afshin Hakim explains this concept in his new blog posting on BizBen.


When Seemingly Smart Buyers Make Fatally Not So Smart Decisions!

If you are buying a business, you probably have really good ideas about changes you would like to implement and ideas to sell more, be more efficient and more organized. Christina Lazuric (949-257-7823) an Orange County business broker chats about business buyers and their decision making processes in her article on mistakes business buyers make during and after they buy a business.


Darleen Sweet With Central Escrow, Inc. Has Been Added To The BizBen Resource Directory

Welcome Darleen Sweet with Central Escrow who has been added to the BizBen Resource Directory for providing bulk sale/escrow services in the Orange and Los Angeles Counties areas. Darleen will also be one of many guest panels on upcoming BizBen.com Online Talk Shows & Webinars on varioius topics of buying and selling businesses. Darleen has been an escrow professional for 28 years, specializing in Bulk Sale, Liquor License Transfer, Hospitality and Commercial transactions for the past 16 years. You can reach Darleen at 949-733-0022 X103 to open an escrow.


Westwood Regional Upcoming Events

Southern California Laundry Seminar - How To Buy A Laundromat - Thursday, 2/16 In Los Angeles

Looking to buy a Southern California card or coin laundromat? PWS Laundry is presenting their next Los Angeles, Southern California seminar Thursday 2/16. For details go to How To Buy A Southern California Laundromat Seminar - To RSVP call 323-721-8832.


Westwood Regional Businesses Wanted To Buy

Business Buyer Seeks Business In Santa Clarita Valley Area Of LA County

Jeff Gray a LA County business buyer is seeking to purchase a business. Here is what he seeks, "I’m searching for a business to buy in LA County. I am preapproved for SBA financing and ready to act immediately.  Candidate businesses should be service, manufacturing, or distribution related.  Located within 50 miles of Santa Clarita Valley. Purchase price up to $1,200,000. Provable adjusted net income of at least $250,000. Experienced management should be willing to remain. If you have a business that meets this criteria please contact me immediately."  Contact Jeff Gray (Business Buyer) at  661-645-4424.


Buyer Seeks Restaurant, Retail, Service Business In San Fernando Valley - Has $300K For Down

I am looking to buy a restaurant, retail, or service business in the San Fernando Valley (Los Angeles County) before the end of March 2011 . Business should have clean books and provable records. I have up to $300K (savings) for a down payment or purchase of a small business, if owner would carry a small amount that would also be great. Annual adjusted net income should be $80,000 or more. Rent must be reasonable. Call Khaled (buyer) at 310-714-7557 immediately.


Business Buyer Seeks Financial Advisory Company In LA County (Or Can Be Relocated)

Buyer looking to buy a financial advisory businesss in the Los Angeles County Area or one that can be relocated to his area. Buyer has $150K for a down payment (cash), has approximately $150 in available home equity, and is looking for a financial advisory business priced between $500K and $700K. Has direct work experience in this industry and has been SBA Pre-Qualified for financing. Buyer seeks to acquire this type of business immediately. Please log into your BizBen Account to see more info about this buyer and their contact information.


Business Buyer Seeks Small Southern California Business To Purchase - Priced Around $100,000

I am looking for a small, easy to run business without a large amount of industry specific knowledge required. Small food carts, arcades, booking or talent agencies and other unique businesses are the ones I am most interested in. I am interested in the Southern California area, especially Los Angeles and the Counties closest to it. I am looking to spend under $100,000 unless a unique opportunity comes along. A net as low as $15,000 is fine.  I currently live in Boston, MA and I am looking to move to California. I do not have any kind of pre-qualification yet. I am technically able and own an online business now. Please log into your BizBen Account for more details and contact information regarding this business buyer.


More Los Angeles County Information For Buying & Selling Los Angeles County Businesses


Los Angeles County Resources - Services Needed When Buying/Selling A Business
Los Angeles County Business Brokers - Brokers & Agents That Service Los Angeles County
Los Angeles County New Franchise Opportunities - New Start-Up Franchises Available
Los Angeles County Franchise Resales - Established Franchise Resales For Sale
Los Angeles County New Business Opportunities - Opportunities, Licensing Ventures

Share     Email
Email     Print
Share
Let BizBen expert advisors
provide the support you
need to successfully buy or
sell a California business.
Let us help you create a
custom strategy:
Advertising &
Selling A Business
Searching &
Buying A Business
Business Network
Solutions

Need Assistance?
888-212-4747
866-270-6278

Questions? Check
out our FAQs.

Sell Your
Small Business

BizBen connects you with thousands of buyers who use BizBen exclusively when looking to buy a business in California.


New Listings

Sign up for new listings via email.
Subscribe now!





Best Book
On Buying
Small Businesses

Buying a California Business The Ultimate Guide for Savvy Business Buyers
Do you want to buy businesses in California? BizBen owner Peter Siegel tells you how to gain the advantage in his informative, easy-to-read book.



ArchiveIT Franchises For Sale Throughout California
Darleen Sweet Central Escrow Services
SBA Loans For Business Purchase Financing Peter Siegel

We Accept

We're Secure

We're Online

BizBen on BlogTalk Radio BizBen on Twitter

BizBen on StumbledUpon

Disclaimer

Business Purchase Financing Assistance And Loan Placement How To Buy A Business Book By Peter Siegel Medical Dispensing System Business Opportunity