Profile: Silverlake Restaurant W/Beer, Wine, Parking & 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: |
10/12/09 |
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| Date Last Revised: |
10/19/09 |
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| BizBen Ad #: |
145018 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$199,000 |
| Down Payment: |
$199,000 |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$100,001 to $250,000 |
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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 Restaurant With Beer, Wine, A Parking Lot And Sidewalk Seating Is Located In A Highly Coveted Location In The Heart Of Silverlake. This Well Established Restaurant Is Known To All Of Those In Silverlake – As Well As To New And Long Standing Residents In The Neighboring Los Feliz, Atwater Village, And Echo Park Residential And Business Communities. The Corner Location Restaurant Offers Excellent Street Frontage And Visibility, Roughly 15 Semi-Exclusive Parking Spaces (With Plenty Of Parking In An Adjacent Lot), And Excellent Signage. The Restaurant Boasts A New Top Of The Line 450 Bottle Wine Cabinet (Plus Room To Store An Additional 500 Bottles), A New Pc Based Point Of Sale And Credit Card Processing System, And A 1,600 Patron Customer Database.
The 1,250 Sq. Ft. Restaurant Plus Patio Leases For 4,000 Per Month Including Common Area Maintenance Expenses On A Lease Until January 2012, With One Five Year Option. The Sale Includes A Beer And Wine License Without Any Major Restrictions, A Fully Equipped Kitchen, And A Plethora Of Recent Renovations (That Costs Over 100,000) Including Refurbished Sandwich Tops, Refrigerators, A New Air Conditioning Unit, And Furniture And Fixtures To Serve Over 60 Patron In The Interior And 20 On The Patio.
This Turnkey Restaurant Is Located In A Coveted Silverake Location That Offers Its Patrons Excellent Access From (And Allows For Food Deliveries To) Hollywood, Los Feliz, Glendale And Beyond. Many Food Or Beer And Wine Bar Concepts Could Thrive In This Coveted Location, Including Fine And Casual Dining, Or Even Fast Food! Similarly, New Operators May Seek To Operate Their Venue With A Focus On Beer And Wine Sales (E.G. A Beer And Wine Tapas Bar) As Opposed To Solely Focusing On Food Sales.
New Owners Could Implement A Lunch-Friendly Concept That Also Caters To The Daytime Crowd, And Take Advantage Of The Venue’s Central Location By Capitalizing On Food Delivery Opportunities. New Management Will Seek To Invest In An Aggressive Marketing Campaign Complete With Local Advertisements, Flyers And Coupon Incentives, And A Grand Opening Event To Launch Their New Concept.
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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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