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Los Angeles, Los Angeles County, California
Studio City Bar & Grill w/Recent Renovation – Ideal for Craft Beer Concept!
Asking Price
$195,000
Revenue
$535,000
Down
$395,000
Cash Flow
Call/Email
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Description
This 2,311 square foot location leases for $12k per month plus triple net expenses (discounted to $1k/month years 1-3, $1,500/month years 4-5) on a secure lease until 2034. All of the business’s furniture, fixtures, equipment, Type 47 Liquor license and goodwill will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to purchase price.
Nearby bars and lounges provide a variety of dining and drinking options for those denizens looking to grab a bite or a few drinks. In this competitive environment, this venue’s beer, wine and cocktail selection help it to stand out amongst other options.
New management will want to capitalize on this venue’s recent first class remodel, its versatile layout, street visibility and onsite parking lot, to launch any number of potential concepts that may work in this highly flexible space.
Business Details
Year Established:
2024
FE&E:
50000
Reason for sale:
Personal
Support & Training:
Seller will train for 1 week at 20hrs per week or as negotiated.
Property Information
Size in Square Feet:
3,068 sqft
Posting Information
Posting ID:
9804794
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
American Restaurant
Attributes:
For Sale By Owner
License (Liquor, etc.)
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
Studio City Bar & Grill w/Recent Renovation – Ideal for Craft Beer Concept!
Posting ID
#9804794
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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