For Sale: Restaurant And Bar - With Property - Silverlake, California


Asking Price

  • Address: Los Angeles,

  • Status: Active

  • Posting ID: 283295

  • 12/11/23

Silverlake Restaurant And Bar - With Property Business For Sale


This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The restaurant has 2 separate interior dining areas that open into an adjacent 12-seat bar as well as its outdoor patio and manager’s office. The kitchen has a large walk-in cooler, a separate walk-in freezer, a large dry storage room, a prep room, and a comprehensive line with deep fryers, a grill, a griddle, a stove, and 2 convection ovens. Both the business and property are being offered in the sale.

This 4,600-square-foot venue has seating for just over 100 inside.  It boasts a remarkable 1,900-square-foot patio that can accommodate nearly 100 outside.  The owner-occupied premise leases for $17,800 per month on a lease until 2028 with a 10-year option.  The business’s furniture, fixtures, equipment, goodwill, Type 47 Liquor License, and property will be included.  An estimated $10k in inventory will be sold at cost at close. 

The parking lot is on a separate lease $1.2k/month lease with the Department of Water & Power.  It has been a long-term arrangement anticipated to continue. 

While competition exists throughout the ever-popular Silverlake, Los Feliz, Echo Park, and Atwater Village enclaves, few if any venues have comparable visibility, as attractive of a layout, or as spacious patio space.  

New operators may continue with the current concept, which has proven successful for nearly 40 years, with the exception of the COVID years and the recent writer’s strike, or they may capitalize on the venue’s flexible layout and entitlements to become a new location for an existing chain, or the flagship location from which a new concept may be launched. 

To get more information about this Restaurant And Bar - With Property business for sale in Silverlake please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283295 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Restaurant And Bar - With Property, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.

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  1. Name: Ryan Clark
  2. phone iconPhone: 310-652-8353


  1. Asking Price: $3,450,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $1,800,000.00

  1. Area: Silverlake

  2. City: Los Angeles

  1. Attributes:

    Broker CooperationTraining & SupportReal Estate IncludedReal Estate AvailableOwner/Seller FinancingTangible Assets Sale OnlySBA Loan Pre-QualifiedLicense (Liquor, etc.)

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