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Restaurant, Full Bar For Sale - West Hollywood, California
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Profile: W. Hollywood Restaurant With Liquor - A Gem W/Parking Lot, Patio!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ryan Clark, Broker
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| Primary Phone: |
310-652-8353 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/5/09 |
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| Date Last Revised: |
10/5/09 |
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| BizBen Ad #: |
144051 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$799,000 |
| Down Payment: |
$799,000 |
| Annual Revenue: |
$1,260,000 |
| Annual Adjusted Net: |
$210,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Day-Time Oriented West Hollywood Restaurant With A Parking Lot, Patio And Full-Bar (Offering Full Liquor) Is An Established Earner That Can Be Run ‘as Is’, Or May Be Successfully Be Turned Into Any Number Of Daytime, Evening Or Even Late Night Bar-Oriented Concepts. The Location, And Its Unique Lease And Additional Attributes, Are Rare In This Coveted Restaurant And Entertainment Corridor. This Facility With A Full-Liquor License Has Indoor Seating For 135, Plus Room For Another 35 Or So Patrons On The Spacious Outdoor Patio.
The 4,600 Sq. Ft. Restaurant With A Full-Bar, A 700 Sq. Ft. Patio (Approximate), And A 15+ Space Parking Lot Leases For 12,000 Per Month On An Incredible Lease With No Annual Increases For 18 Years! The Facility’s Conditional Use Permit Allows For Patio Dining Until 1 Am, As Well As Non-Amplified Music.
While This Restaurant Is Located “On The Boulevard” East Of Doheny And West Of Crescent Heights, It Is Not Considered A Strictly Alternative Venue.
This Venue Could Be Taken In Any Direction. A New Owner Could Ride Out The Current Concept ‘as Is’ And Be Successful For Decades To Come, Or A New Owner-Operator Could Capitalize On This Establishment’s Liquor License, Bar, Patio And Parking Lot And Open An Full-Fledged Evening Oriented Restaurant, Bar Or Lounge And Social Venue.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ryan Clark, Broker at 310-652-8353 |
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