Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $275,000 Down Payment: $275,000
Annual SDC: Call / Email
Annual Gross: $660,000
Business Address: None Given City: Los Angeles Zip: None Given
Attributes: Broker-Broker Coop, Semi-Absentee Run, Training & Support
Mid-Wilshire Area Bar & Restaurant w/Patio & Parking Great Visibility!
This semi-absentee operated Mid-Wilshire Area bar and restaurant with liquor, patio, parking boasts fantastic street visibility and plentiful seating. The kitchen is outfitted with a walk-in cooler and freezer, an oven and stove, deep fryer and grill, a dishwasher and three bucket sink and specialty cooking equipment visible to patrons.
This 4,730 square foot venue (including patio) will lease for approximately $14,000 per month on a new, secure 5 year-term lease with one 5 year option. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. An estimated $10,000 in inventory will be sold at cost at close.
This opportunity is unique not only due to its location's main street visibility and excellent street access, but also because of its onsite parking lot that provide it an unmatched competitive advantage in an area with several entertainment venues.
Due to the variety of options available, new operators may wish to take this concept in any number of directions including a sports bar with food, fast casual, quick service or even a chef driven fine dining concept, etc. The business is currently semi-absentee operated but could tremendously benefit from an onsite working owner operator.
To get more information about this Bar And Restaurant - Semi Absentee, Mid Wilshire business for sale in
Los Angeles Area please phone Ryan Clark (Broker) at 310-652-8353 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267521 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Bar And Restaurant - Semi Absentee, Mid Wilshire, to ask any questions or request an appointment to see this
business for sale. Thank you.
Contact: Neil Kaplan: 562-402-2686, 310-490-3422
Status: Active Posting #: 268343 Refreshed: 6/21/2021
Asking Price: $290,000
Down Payment: $290,000
Annual SDC: $180,000
Annual Gross: $660,000
Attributes: Broker-Broker Coop, Training And Support
Cocktail bar for sale in LA County, CA, long established, high income, extra income over $3,000/month, no food service required. Seller owns the property and will write a favorable lease. Major expense: rent- $3500, labor-12,000, pouring cost-23%-13,000,work comp=600, insurance-400, utilities-1500.