Price Reduced to $130,000 Los Angeles County Playa Vista Restaurant & Bar, Asset Sale, ABC Type 47 Hard Liquor License.

RRC# 5349
Asking Price: $130,000
Location: Los Angeles County
Annual Revenue: $780,000
Annual Cash Flow: Contact for Info
Monthly Rent: $17,707

Listing Description:

Price Reduced to $130,000 AND the seller may carry a portion of the purchase to well qualified buyers. This Playa Vista area Restaurant and Bar offers great food, beers, cocktail sippers, wine aficionados, sports freaks, secret admirers, and urban cowboys a fabulous experience.

This is an asset sale asking only $130,000 for a fully equipped 2,500 sq ft bar and restaurant including a Type 47 Hard Liquor License (current value $70,000) that back in 2022 & 2023 was enjoying $150,000 monthly sales revenues and high profits. Due to the recent absence of the owner, business has lost considerable revenue, hence the exceptionally low asking price.

With it’s showcase of innovative brews, 36 draft beers on tap, a wide selection of domestic and imported wines, a specialty cocktail menu.

Indoor communal tables and bar seating provide the options for solo diners, large group meals, and everything in-between and outdoor seating with patio seating for 60. 9 flat screen TVs to watch your favorite team's games anywhere you sit!

There is a large fully fitted kitchen with a 12ft type 1 hood and fire suppression system, 12’x8’ walk-in, 2 deep fryers, broiler, stove, ovens and ample work surface allowing for most food concepts to be comfortably prepared while the surrounding area is busy with multi-million-dollar condos and houses for walk up customers. Currently serving creative casual food, see photos.

To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and receive the name and address immediately, along with the full financial history, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.