North Hollywood Bar with Customer Embraced Concept & Vibe!
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This North Hollywood bar and grill offers a customer embraced concept, a welcoming vibe, a thoughtful build-out that exudes character, and onsite parking. The venue has become known for its friendly service, casual vibe, and rotating offerings that have made it a popular hangout for regulars and newcomers looking to unwind, catch up with friends or colleagues, and enjoy a low-key night out in a versatile spot that never feels overcrowded or pretentious.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- This 5,100 square foot location leases for $18k – $20k per month, on a lease until 2028 with one 5-year option. Though the name and concept will not transfer in the sale, the business’s furniture, fixtures, equipment, and Type 41 Beer and Wine license will be included. An estimated $10k in inventory will be sold at its cost at close in addition to purchase price.
- Market Outlook / Competition
- The surrounding area features a mix of bars, restaurants, and entertainment venues – with each leaning into their unique attributes and alluring atmospheres for differentiation. This creates an entertainment district that attracts a broad range of revelers that can capitalize on the variety of available offerings.
- Opportunities for Growth
- The venue, which is part of a chain, offer the onsite working owner-operator a fantastic opportunity to implement their concept in a prime high visibility location for a fraction of what it would cost to build-out out themselves and obtain the beer and wine entitlement. The versatile venue lends itself to a wide range of concepts.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,100
- Rent
- $20,000.00 per month
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train 1 week at 20hrs per week or as negotiated
- Financing Options
- May consider a small secured carry to assist with an SBA loan
Listing Info
- ID
- 2491802
- Listing Views
Listing ID: 2491802 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
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