Contact: Ryan Clark At 310-652-8353 - Also Email This Contact Below
Asking Price: $99,900 Down Payment: $99,900
Annual SDC: Call / Email
Annual Gross: $1,200,000
Business Address: None Given City: West Hollywood Zip: None Given
Attributes: Broker-Broker Coop, Training & Support
This West Hollywood restaurant with beer, wine and an onsite parking lot occupies a high visibility main street location in one of areas most popular nightlife areas. The venue has a built-in bar with seating for 8-10 patrons and overall seating for approx. 50 patrons, an 8 12 tap draft beer system, several flat screen televisions, 2 ADA approved rest rooms, 4 burner stove, 4 bucket deep fryer, grill, griddle, oven and significant additional concept specific equipment. It also has a dishwasher, ice machine, 3 bucket sink, 4 two door fridges and 1 two door freezer.
This 1,800 square foot restaurant leases for $14,900 per month on a lease that expires in April 2021 with one 5 year option. 4 additional parking spaces are leased for $150 per month each for $600 total. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale. The name and exact menu will not be included.
The prime areas of West Hollywood are considered competitive; however, this unique location is able to capitalize on a significant amount of day, evening and late night foot traffic that others cannot so readily cater to. This is not only a result of its dominant location, but also its convenient on-site complimentary parking in an area with limited parking options.
New operators will likely change the concept, as the current brand is not included in the sale, however they may seek to relaunch a similar concept or any number of new or existing ones that can thrive in this popular area and capitalize on this high traffic location and its beer and wine license which allows it to cater to the late night revelry crowd or potentially become its own competing entertainment destination. Concepts that the immediate area lack, but could thrive on, include Mexican, Chinese, Indian or specialty European such as Greek, a German beer garden, or Spanish tapas.
To get more information about this Restaurant business for sale in
West Hollywood, LA County 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 #248416 on BizBen.com. In addition to phoning
Ryan Clark, make sure you email Ryan Clark above to get more info about this
Restaurant, to ask any questions or request an appointment to see this
business for sale. Thank you.
Contact: Ryan Clark: 310-652-8353
Status: Active Posting #: 267637 Refreshed: 5/2/2021
Asking Price: $225,000
Down Payment: $225,000
Annual SDC: $60,000
Annual Gross: $521,518
Attributes: Broker-Broker Coop, Semi Absentee Run, Training And Support, Owner Financing
This Eagle Rock area restaurant boasts a modern, clean build-out with an open floor plan as well as stellar street visibility. The venue has multiple interior dining areas, each with its own unique ambiance. The fully outfitted kitchen has a walk-in cooler. convenience freeway, main street access. This 2,000 plus square foot space leases for $6,340 on a lease that expires in 2028 with one 5-year option. The venue has seating for 60 patrons inside. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $2,000 in inventory will be sold at cost at close.
Contact: Ray Roldan: 310-980-5945
Status: Active Posting #: 267141 Refreshed: 5/1/2021
Asking Price: $1,800,000
Down Payment: None
Annual SDC: $475,000
Annual Gross: $2,900,000
Attributes: Broker-Broker Coop, Semi Absentee Run, Absentee Run, SBA Loan Pre-Qualified, Training And Support
Two (2) Bagel and Sandwich Shops / Excellent Commercial, Hotels, Hospital and Residential hi and middle income. Pre-pandemic approximately $2.9 million 2019 / Pandemic approximately $2.7 plus 2020. Management operated / Owner works two (2) days per week. Salary $171k One (1) location has seating.
Contact: Jack Oh: None Given, 562-544-6863
Status: Active Posting #: 267732 Refreshed: 5/8/2021
Asking Price: $199,000
Down Payment: $50%
Annual SDC: $90,000
Annual Gross: $900,000
Attributes: Training And Support
Owner is retiring after 38 years. Recently remodeled 3 years ago. Fully equipped with walk in cooler and freezer. Has beer wine license. Located on a major street. Densely populated area. Seating for 150. Monthly gross: $75,000. Annual net: $90,000.