Profile: Westwood Rest. & Bar W/Full Liquor & Two Patios - Near UCLA!
|
Ad/Listing Information
|
Contact Information |
 |
|
|
| Seller Or Contact: |
Ryan Clark, Broker
|
|
| Primary Phone: |
310-652-8353 |
|
| Alternate Phone: |
None Given |
|
| DRE Number: |
None Given |
|
| Email Address: |
Email This Advertiser |
|
| Date Started: |
11/9/09 |
|
| Date Last Revised: |
11/9/09 |
|
| BizBen Ad #: |
147895 |
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$350,000 |
| Down Payment: |
$350,000 |
| Annual Revenue: |
$630,000 |
| Annual Adjusted Net: |
$131,000 |
| Price Range: |
$250,001 to $500,000 |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
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.
|
For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ryan Clark, Broker at 310-652-8353 |
See All Our Other Businesses For Sale We Have Available
|
|
