Restaurant, Bar - Live Entertainment For Sale - North Hollywood, LA County

Located in famous NoHo Arts District that is the center of entertainment in La. Established 15 years, one year ago with present seller. Building size is approximately 2,100 sq. ft., totally remodeled and upgraded with a modern look. Has a fully equipped kitchen with a hood, a flattop grill w/oven and stove, a char-broiler, a smoker, two fryers, freezer, refrigerators, keg room with 12 beers, 6 tab beer fridge, 10 TVs, 17 cameras w/DVR, 2 Sonos systems, POS system and much more. Has 2 bars, storage areas inside and outside. 3 bathrooms and a capacity of 100 patrons inside and 12 in the outside patio where they can enjoy their food and drinks. After the remodeling was done this restaurant opened for business just one year ago and is already grossing $85,000/month and still growing. Rent is $8,500/month; lease is 5 years plus 5 years option. Business is 100% help run by 9 employee sand has all licenses to run a successful operation.

A type 47 liquor license, an entertainment license, as well as a dancing license. The venue offers; game show, cabaret show, Saturday and Sunday brunch, DJ and parties. New experienced operator can expand the business by advertising, getting active on social media, opening for breakfast, adding catering service, promoting karaoke, Latin, Greek nights, belly dancer etc. A stand-up comedy program would be a good addition as well. This is a desirable destination that is a favorite among locals and neighboring communities due to its tasty food, friendly staff, and easy parking. This opportunity with all its amenities has a great potential to grow beyond any investor imagination. Seller is seeking different interest, and is motivated to sell.
The listing # 253940 Restaurant, Bar - Live Entertainment - North Hollywood, LA County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restaurant, Bar - Live Entertainment in North Hollywood, LA County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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