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For Sale: Restaurant With Beer And Wine, Sidewalk Seating - Westwood, Los Angeles County


Current Status: Active     Posting #: 261384     Last Refreshed: 3/25/20    
Contact: Ryan Clark At 310-652-8353  -  Also Email This Contact Below
Price:  $245,000     Down:  $245,000     Adjusted Net:  $162,000     Revenue:  $718,089    
Business Address:  None Given     City:  Westwood     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  No
Westwood, Los Angeles County Restaurant With Beer And Wine, Sidewalk Seating Business For Sale

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  Description About This Posting: Restaurant With Beer And Wine, Sidewalk Seating
This well established Westwood area restaurant boasts a highly visible, high traffic location with beer, wine and sidewalk seating. The location lends itself to deliveries as far north as Bel Air, with the UCLA Campus, Westwood, West Los Angeles and Brentwood all in its backyard. Approximately 9.0% of the business is comprised of lunch diners, so there is significant room for top line revenue growth by extending the daytime hours and opening 7 days per week. About 13% of the sales are generated from delivery business and 8% is take-out.

This 1,650 square for restaurant leases for $6,610 per month including common area maintenance (CAM) expenses, on a lease until January 2022 with one 1 five year option. The facility has a comfortable manager's office and separate male and female restrooms as well as a service area with a cappuccino maker. The kitchen has an oversize oven, grill, stove, ice machine, prep tables, walk-in cooler, 1 door freezer and dishwashing unit. All of the venue's furniture, fixtures, equipment and goodwill will be included in the sale. Approximately $5,000 in wine and food inventory will be sold at cost at close.

While competition for quality restaurants always exists in popular areas such as Westwood, the concept has been established for nearly 20 years and the venue has amassed a large loyal client base as a result. Its prime location with excellent main street visibility, tremendous goodwill including its recipes and loyal following provide it a sustainable advantage over alternative options and any future industry entrants.

While new operators may wish to carry to the torch forward and manage the restaurant with the same menu as the current owners, they may also wish to elaborate on the concept and add their preferred menu additions, open for weekend lunch brunch service or open on Tuesdays as the current operation closes one day per week. Alternately, they may adopt the name and potentially the concept to suite their taste.

To get more information about this Restaurant With Beer And Wine, Sidewalk Seating business for sale in Westwood, Los Angeles County please phone Ryan Clark (Broker - BRE License #:WoodPie) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #261384 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Restaurant With Beer And Wine, Sidewalk Seating, to ask any questions or request an appointment to see this business for sale. Thank you.

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