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For Sale: Restaurant And Bar - Semi Absentee Run - West Los Angeles, California

$395,000.00

Asking Price

  • Address: West Los Angeles, 90094.

West Los Angeles Restaurant And Bar - Semi Absentee Run Business For Sale

Description

This is a popular, urban, coastal restaurant and bar with full liquor in the greater Marina Del Rey area. Located in a bustling, walkable area of the city, the restaurant boasts multiple attractive patios in a beautiful setting and lively atmosphere. The establishment comes with a 47, full liquor license, 36 beers on tap and indoor and outdoor seating that accommodates 150 guests. 

The restaurant features an upscale casual menu with a focus on burgers, chicken, fish, salads, appetizers and of course, craft beers, stellar cocktails, brunch and dessert. With multiple TVs throughout, it is the perfect spot for customers to watch their favorite teams play. 

This is a turn-key restaurant with a loyal customer base, with nearly $2,000,000 in annual revenue, a proven history of success and strong income.  Overall, this restaurant and bar is an exceptional opportunity for an experienced restaurant, operator looking to own a thriving business in a prime location. Located near restaurants, shopping and theatres. The restaurant is 2,633 sq. ft. with seating for 80 inside and 70 people outside. Alcohol sales are permitted until 11 PM on weeknights and midnight on weekends. 

Some equipment and fixtures include-Walk-in beer cooler, kegerator, 36 tap glycol system, glass washing machine, 12-foot hood, 12 TVs, liquor cooler, walk-in food cooler, 4 cold prep stations, double griddle, double fryer, grill, charbroiler, salamander, 2 stoves with oven, Toast POS system, security system, sound system, dinnerware, glassware, flatware, all smallwares plus, all furnishings including- indoor tables, chairs, bar stools, all patio tables, chairs & umbrellas and more.  Inventory is available in addition to the sale price.

22 employees including one general manager. The owner spends less than 15 hours a week in the business.

Rent and lease terms: The monthly base rent is $17,400 with cam charges.  The lease expires in November 2028. An option to extend the lease is available.

This is an exceptional opportunity for an experienced operator with strong financials. The owner is retiring and this is priced to sell!

Listed for $395,000

To get more information about this Restaurant And Bar - Semi Absentee Run business for sale in West Los Angeles please phone Teri Craft (Agent - BRE License #:01345105) at 626-864-4446 Cell and 626-864-4446 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280186 on BizBen.com. In addition to phoning Teri Craft, make sure you email Teri Craft above to get more info about this Restaurant And Bar - Semi Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01345105. Berkshire Hathaway Commercial.

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Contact

  1. Name: Teri Craft
  2. phone iconPhone: 626-864-4446 Cell
  3. phone iconPhone: 626-864-4446 Text

Details

  1. Asking Price: $395,000.00

  2. Down: Call / Email

  3. Cash Flow: $227,000.00

  4. Revenue:    $1,928,643.00

  1. Area: West Los Angeles

  2. City: West Los Angeles

  1. Attributes:

    Semi-Absentee RunTraining & SupportLicense (Liquor, etc.)

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Related Links & Information Regarding This Posting

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