Bar Restaurant Location Sale

Asking Price$260,000

Cash Flow
$114,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,560,000

Inventory$37,000
Not included in asking price
FF&E$65,000
Included in asking price
Real EstateNot Disclosed

OPEN PATIO ONTO SUNSET BLVD. Save

Bar Restaurant Location Sale


Asking Price$260,000

Cash Flow
$114,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,560,000

Inventory$37,000
Not included in asking price
FF&E$65,000
Included in asking price
Real EstateNot Disclosed

Business Description
Bar Restaurant Open and Operating, Hollywood, Los Angeles. Type 47 Hard Liquor License to 2AM, served with food. Health Department approved.

The Type 47 Hard Liquor License is tied to the Property under "grandfather protection" that will be transferred to the Buyer upon an approved Purchase Agreement with Lease Approval by and between Seller, Buyer and Property Owner. Approximately 2 years remaining on the existing Lease with a 5 year Option available to be exercised. Monthly Rent is available upon request.
The “Brand, Recipes, Menu, Inventory” included with the Purchase.
ABSOLUTLY NO CO-BROKERING
About the Business
Years in Operation
13
Employees
15 (9 Full-time, 6 Part-time)
Facilities & Assets
Fully Equipped
Website
https://penthouseadvisors.com/restaurants-for-sale-los-angeles-county/
Market Outlook / Competition
slim
Opportunities for Growth
very strong
About the Sale
Seller Motivation
Moving out of State
Transition Support
No
Financing Options
All Cash
Listing Info
ID
2432341
Listing Views
103
Business Location

Contact Seller

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Business Listed by: Roschard Paticchio-Stein Penthouse Advisors INC

Listing ID: 2432341 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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