Posting Details

Restaurant And Bar With Real Estate - Established For Sale - North Hollywood, LA County

This well-established North Hollywood restaurant and bar with liquor is ideally located in a high traffic location that boasts excellent street frontage, freeway access and an onsite parking lot. The business, which has been in the owner's family for decades, is an area icon. The property can be modified to accommodate several food or lounge concepts and does not have a conditional use permit!

This sale comes with the 6,340 square foot property on a 6,100 square foot with parking for 4-5 vehicles (non-valet style), a Type 47 Liquor License with no known restrictions, and a lovely build-out. The property has a private manager's office, a wine / liquor room and a large chef friendly kitchen.

While North Hollywood is a popular dining and entertainment destination, this venue does not face direct competition with its existing concept and has limited competition in its general dining category and bar offering. This business's longevity coupled with its splendor, history, build-out and superior location provide it a long term sustainable competitive advantage.

Given that the property is being included in the sale and does not have a condition use permit a buyer may wish to take this opportunity in any number of directions. They may prefer to carry on the established concept, modernize or otherwise modify this concept, or convert the facility to their own concept.

Training: 2 Weeks at 20 hrs/wk
The listing # 233183 Restaurant And Bar With Real Estate - Established - 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 And Bar With Real Estate - Established 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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Michael Brewer, ABC License Consultant
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Business Purchase Financing SBA Loans
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