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Los Angeles, Los Angeles County, California
Cocktail Bar - No Food Required, Intimate Lounge
Asking Price
$525,000
Revenue
$64,190
Down
$525,000
Cash Flow
$133,888
Description
This 2,065 square foot location leases for $10,300 per month including common area maintenance expense on a lease until April 2025 with options to be determined. All of this venue’s furniture, fixtures, equipment, goodwill and Type 48 Liquor License will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close.
The area is filled with a mix of trendy eateries, classic diners, and upscale gastropubs, each striving to carve out a niche. This venue is able to leverage its busy neighborhood location to cater to its loyal local following.
This venue can benefit from a full-time working owner-operator with bartending and hospitality industry experience that can help to ensure stellar customer service while minimizing labor expenses. Management does outsource functions that may be taken in-house with enormous expense savings.
Posting Information
Posting ID:
286431
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
Keywords:
Los Angeles
Los Angeles county
california
cocktail
bar
lounge
Attributes:
Broker Cooperation
For Sale By Owner
License (Liquor, etc.)
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Cocktail Bar - No Food Required, Intimate Lounge
Posting ID
#286431
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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